India's budget for 2012/13 lacks new solutions to address its fiscal constraints and is credit negative for the sovereign, ratings agency Moody's Investors Service said, after the government set modest
The Finance Minister, Mr Pranab Mukherjee’s Budget proposal to raise excess revenue from indirect taxes rather than touching the direct taxes is a smart move, as it does not require
The budget proposals have met with mixed response with some analysts terming it as realistic and positive for capital markets and others expressing concerns over lack of fiscal consolidation roadmap.
Steel makers' long-pending demand for
a level-playing field vis-a-vis imports has been addressed in the
Budget with the Finance Minister raising import duty to 7.5 per cent
pprehending "uncertainty" in implementation of key reforms such as Goods and Services Tax and Direct Tax Codes by the government, global rating agencies have said the budgetary proposals fail to
Development of ports in the country is expected to get a boost following the announcement of tax-free bonds and lowering of withholding tax on ECB related payments for the sector
Steel makers' long-pending demand to give them a level-playing field vis-a-vis imports gets rewarded in the Budget with the Finance Minister raising import duty to 7.5 per cent from
Bullion and jewellery traders in several parts of the country, including Delhi and Mumbai today downed shutters for three days in protest against the Budget proposal to raise duty on
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