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Exemption Limit for Individual Taxpayers Raised to Rs. 2 Lakh-Upper Limit of 20 Per Cent Tax Slab Raised to Rs. 10 Lakh
16 March 2012 at 13:18Exemption Limit for Individual Taxpayers Raised to Rs. 2 Lakh Upper Limit of 20 Per Cent Tax Slab Raised to Rs. 10 Lakh Deduction up to Rs. 10,000 Proposed for Savings Bank Interest Senior Citizens not Having Income from Business Exempted from Pay
Government Keen on Early Enactment of DTC Bill
16 March 2012 at 13:13Model Legislation for GST on the Anvil National Information Utility to be Operational by August The Union Finance Minister ShriPranab Mukherjee today expressed firm commitment to enact the Direct Taxes Code (DTC) Bill at the earliest, after exp
Summary - Union Budget 2012-13
16 March 2012 at 13:09BUDGET IDENTIFIES FIVE OBJECTIVES RELATING TO GROWTH, INVESTMENT, SUPPLY BOTTLENECKS, GOVERNANCE, AND REMOVING MALNUTRITION AMENDMENT TO FRBM ACT INTRODUCED AS PART OF FINANCE BILL CENTRAL SUBSIDIES TO BE KEPT UNDER 2 PER CENT OF GDP; TO BE F
Union Budget 2012-13 Highlights
16 March 2012 at 13:09Budget identifies five objectives relating to growth recovery, private investment, supply bottlenecks, malnutrition and governance matters GDP growth to be 7.6 per cent (+ 0.25 percent) during 2012-13
Indian Economy Holds out Despite Global Uncertainty
15 March 2012 at 13:37The big story of the last decade for India has been its arrival on the global scene and there was no looking back from the first years of the first decade of the 21st Century. The Economic Survey 2011-12 tabled by the Finance Minister, Shri Pranab
Services Sector Proves Saviour of Indian Economy During the Global Crisis; Grows by 9.4% Despite Slowing GDP Growth
15 March 2012 at 12:48The global recession only partially succeeded in slowing the Indian economy thanks to the continual offsetting growth of service sector to nearly 10% in the year 2010-11. The Economic Survey 2011-12 presented in the Lok Sabha today, suggests that
Economic Survey Pegs Industrial Growth at 4-5% in the Current Financial Year - Industrial Sector Expected to Rebound During Next Financial Year
15 March 2012 at 12:45Survey Calls for Boosting of Business Sentiments, Encouraging Investment and Identifying Bottlenecks The Economic Survey 2011-12 tabled in the Lok Sabha here today by the Finance Minister, Shri Pranab Mukherjee has projected the industrial-secto
Options to Ensure Price Stability in Food Items - Economic Survey
15 March 2012 at 12:43According to Economic Survey 2011-12, compositional shift in food basket of common household has increased demand of some food items. There are some constraints also in supply side which have been exposed during t
Government Takes Calibrated Steps to Rein in Inflation - Growth Rate Expected to Pick up in 2012-13
15 March 2012 at 12:43Survey Emphasises the Need for Rapid Fiscal Consolidation India’s Cris Rating Improves by Nearly Three Percent The Economic Survey 2011-12 suggests policies to put India on a surer footing for sustained, inclusive growth and all-round de
Public Sector Banks Show 19 Per Cent Growth in Priority Sector Lending
15 March 2012 at 12:43Credit Disbursement to Agri Sector Exceed Target by 19 Per Cent; Over 127 Lakh New Farmers Benefitted 98 Per Cent Public Sector Bank Branches Fully Computerised Despite the demanding operational environment, the Indian banking sector demonstr
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