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Budget 2012
27 Jan 2012, 05:32
Oin Min demands extra duty of Rs 80000 on diesel vehicles
Oil Minister S Jaipal Reddy today asked Finance Minister Pranab Mukherjee to impose additional excise duty of Rs 80,000 on diesel vehicles and grant 10-year tax holiday for oil and gas hunt and refineries in the forthcoming Union Budget.
27 Jan 2012, 03:12
Don't expect RBI to cut interest rates till Q2CY12: Eskesen ![]()
The RBI's recent policy review which saw no alteration of the repo and reverse repo was in line with what Leif Eskesen, chief economist-India & ASEAN, HSBC Global Research was expecting.
27 Jan 2012, 01:27
Investment to return if rates fall by 50-75bps: CII ![]()
Even though the CRR cut by the Reserve Bank was a welcome move, president of the Confederation of Indian Industry, B Muthuraman says that it will not mean that investment will pick up over night.
ITC may hike stake upto 25% in EIH & Hotel Leela: Deveshwar ![]()
ITC chairman Yogesh Chander Deveshwar clears some air about the increase in stake. In an interview to CNBC-TV18, he said that both EIH and Hotel Leela are treasury operations and it can go up to 25% in both the hotel companies.
India's FY12 growth may sink below 7%: Shankar Acharya ![]()
Even though the Reserve Bank of India, in its third quarter monetary policy review, slashed CRR, it is not able to impress economist Shankar Acharya of ICRIER.
Wipro hopeful of outperforming peers in FY13: Azim Premji ![]()
Azim H Premji, Chairman and Managing director of Wipro believes that Europe is plagued by uncertainty and slowdown in growth.
There's further room for January-like rally: IL&FS ![]()
Our market is looking better than what it did a few weeks back, says Vibhav Kapoor of IL&FS.
Budget may include DTC norms to avoid Vodafone-like rows
To avoid disputes like the Vodafone tax case in future, government is contemplating incorporation of provisions on taxation of overseas deals from the stalled Direct Taxes Code (DTC) Bill in the Budget for 2012-13.
News from across the web
Diesel cars could burn a bigger hole in pocketNo such worries for cigarettes post-Budget
The finance ministry is considering raising the excise duty on diesel cars in Budget 2012-13. But, cigarettes may not see higher excise duty, as a proposal to this effect on sin goods may not get the ...
DTC only in 2013, key parts in this Budget - Rediff.com Business
The new Direct Taxes Code (DTC) is to be now introduced only from April 2013, a year later than planned. Hence, the government will introduce some of its key provisions, such as General Anti-Avoidance...
Post Vodafone verdict, India should spearhead debate on tax laws
Years ago, a doting father gifted shares of Indian companies to his daughter on a yacht to escape tax in India. But a court ruled that he had to pay tax here even if the transfer was done outside Ind...
DTC only in 2013, key parts in this Budget
The new Direct Taxes Code (DTC) is to be now introduced only from April 2013, a year later than planned. Hence, the government will introduce some of its key provisions, such as General Anti-Avoidance...
Budget 2012-13: Oil ministry seeks tax sops for natural gas
Petroleum Minister Jaipal Reddy The petroleum ministry has requested the finance ministry to waive the customs duty and slash sales tax levies on natural gas in the forthcoming Budget as it is a gree...
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Don't expect RBI to cut interest rates till Q2CY12: Eskesen
27 Jan 2012, 03:12
Investment to return if rates fall by 50-75bps: CII
27 Jan 2012, 01:27
ITC may hike stake upto 25% in EIH & Hotel Leela: Deveshwar
27 Jan 2012, 01:15
India's FY12 growth may sink below 7%: Shankar Acharya
27 Jan 2012, 12:11
Videos from across the web
Michael scott at budget town hall meeting bermuda january 24 2012
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Pearse doherty budget speech 2012
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