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union budget 2012-2013

UNION BUDGET 2012-2013

Updated : Feb 28, 2013

Budget 2012 has taken the reality of India's situation: Swraj Paul

Leading NRI industrialist Lord Swraj Paul has said that the Union Budget for 2012-13 has taken the reality of India's situation.

Union Finance Minister Pranab Mukherjee
Updated : Feb 28, 2013

CXO survey on Budget 2012

Business Today commissioned market research firm Ipsos for a survey, which quizzed 100 top executives across Delhi, Mumbai, Kolkata, Chennai, Hyderabad, Bangalore and Pune.

Updated : Feb 28, 2013

Budget 2012: Tax-free bond target for infrastructure projects at Rs 60,000 crore

Finance Minister Pranab Mukherjee proposed to double the tax-free bond target for financing infrastructure projects in the next fiscal to Rs 60,000 crore from Rs 30,000 crore.

Updated : Feb 28, 2013

Budget 2012: How indirect tax changes affect you

A quick look at how the changes made in indirect taxes affect you as a consumer.

Updated : Feb 19, 2013

Budget 2012 highlights

Prominent highlights of the Budget for 2012-13 presented by Finance Minister Pranab Mukherjee in the Lok Sabha on Friday:

Updated : May 28, 2012

Budget 2012: Revision in tax exemption limit not really beneficial

The new tax slabs may ease your tax burden by Rs 1,030-22,660 depending on the income and the tax slab. Unfortunately, taxpayers with higher incomes will be the main beneficiary.

Updated : May 10, 2012

Budget 2012: How your personal finance portfolio has changed

Budget 2012 - Individuals get incentives to invest in stocks; mixed bag for industry.

Updated : Apr 23, 2012

Budget 2012: 'The least we can do is make our tax laws investor-friendly'

The least we can do is make our tax laws investor-friendly and implement them with a sense of certainty, equity and fairness. The world does not need us: Quit India 2012 must not be allowed to happen.

Updated : Apr 19, 2012

Budget 2012: Should FM go with power equipment makers or developers?

Ahead of the Budget, Finance Minister Pranab Mukherjee is caught between two opposing yet powerful arguments from the power sector.

Updated : Apr 7, 2012

Budget 2012 proposes tax on sale of property, gold imports

Budget 2012-13 proposes 1 per cent tax on sale proceeds of immovable property, higher duty on gold imports.

Updated : Mar 29, 2012

Budget 2012: How it impacts six key sectors

The Budget met with mixed response from industry. An analysis of the impact on six key sectors for Business Today by Ernst & Young.

Updated : Mar 29, 2012

Budget 2012: Key observations of the finance minister

Key observations of the finance minister in his Budget speech and thereafter.

Updated : Mar 27, 2012

'ECB friendly budget for infra developers'

Outlining some of the positive measures outlined in the Budget, Vinayak Chatterjee, chairman of Feedback Infra, said the finance minister has thrown open many gates for ECBs, for infra developers and financers. <br />

Updated : Mar 27, 2012

Pranab has taken the middle path: B Muthuraman

Commenting on the Budget 2012 proposals, Tata Steel vice-chairman B Muthuraman said that the finance minister has given some incentive to the industry "but I expected much more. We were not also expecting the excise duty hike." <br />

Updated : Mar 27, 2012

Excise duty hike a dampener: CII

Commenting on the Budget 2012 proposals, Chandrajit Banerjee, director general of CII, said the "excise duty hike has dampened a little bit of the sentiment".

Updated : Mar 27, 2012

Budget positive for infra, agri sector: Adi Godrej

Commenting on the Budget 2012 proposals, Adi Godrej, chairman of Godrej Group, said "some of the provisions for infrastructure and agriculture were quite positive". <br />

Updated : Mar 27, 2012

'Auto sector growth to get affected'

P Balendran, GM India vice-president for corporate affairs, said that the duty hike on small and luxury cars will affect the growth of the auto sector. <br />

Updated : Mar 27, 2012

'Tax exemptions unlikely to spur demand'

FICCI's Secretary General Rajiv Kumar said that the tax exemption proposals in Budget 2012 are unlikely to spur demand as they are marginal.<br />

Updated : Mar 27, 2012

A tolerable Budget: Naina Lal Kidwai

Naina Lal Kidwai, country head of HSBC India, said it is a budget which recognizes that the fiscal deficit needs control and the attempt to achieve the fiscal deficit target is demonstrated in the Budget.

Updated : Mar 27, 2012

It's a status quo budget: RV Kanoria

RV Kanoria, CMD, Kanoria Chemicals and Industries, sees Budget 2012 more or less a status quo budget. "It is grappling with the reality that there is need for fiscal consolidation," he says. <br />

Updated : Mar 27, 2012

Budget 2012 'a missed opportunity'

Saurabh Srivastava, chairman of CA India, said though the finance minister had limited headroom but within that there were more opportunities.<br />