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March 16, 2012 5:50 PM
The Expatriate Indian Community has welcomed the Union budget as a step in the right direction. They have appreciated the deferment of income tax liability under the new Direct tax code regime for another year. The thrust on infrastructure and measures to check tax invasion in the Union budget 2012 ...
March 16, 2012 4:47 PM
Presenting the budget in the Lok Sabha today, focusing on the need to give relief to the stressed infrastructure, manufacturing and other sectors, the budget proposed reduction from 20 percent to 5 percent for three years on the rate of withholding tax on interest payments on external borrowings. Th...
March 16, 2012 2:00 PM
The Home Minister and former Finance Minister P.Chidambaram today welcomed the General Budget 2012-13 presented in the Lok Sabha.Talking to reporters in New Delhi, Mr Chidambaram said that the Finacne Minister Mr Pranab Mukherjee has laid a foundation for fiscal consolidation, recovery and growth. H...
March 16, 2012 1:58 PM
The Finance Minister also presented the Finance Bill after presenting the budget.The Finance Minister Mr Mukherjee also laid a copy of the Union Budget on the table of the Rajya Sabha, which met at 1.30 PM. It was later adjourned for the day.
March 16, 2012 1:55 PM
Allocation for social sectors have been increased across the board.Scheduled Caste sub plans to get over 30 thousand crore rupees an increase of 18 per cent and the tribal sub plan to get over 21 thousand 700 crore rupees an increase of 17.6 per cent. Meal scheme to get over 11 thousand 900 crore ru...
March 16, 2012 1:39 PM
The Supreme Court today sought response from the Centre, States and Union Territories on a petition alleging that over one lakh children have mysteriously disappeared from their homes across the country between 2008 and 2011. A bench of justices Altamas Kabir and S S Nijjar also sought reply from th...
March 16, 2012 1:38 PM
The Pakistani judicial commission, which is in Mumbai, will be recording the statements of the four key witnesses in connection with the 26/11 terror attacks case from today.Today the panel is expected to record the statements of two witnesses including chief metropolitan magistrate R V Sawant Waghu...
March 16, 2012 1:31 PM
To promote health and nutrition the budget proposes extension of 5 per cent concessional duty to six specified life-saving drugs and vaccines used for treating HIV Aids, renal cancer and other such diseases. For checking protein deficiency and malnutrition soya concentrates and isolated soya protein...
March 16, 2012 1:30 PM
The Finance Minister, announced that Kisan Credit Card will be modified to make it smart card to use it in ATMs . He said the interest subvention scheme for providing cheaper loan to farmers at 7 per cent interest will continue in the next year. The Agriculture credit proposed to be increased to a w...
March 16, 2012 9:53 AM
The Airports Authority of India (AAI) has won an international award in recognition of its excellence in the air traffic control industry. A senior AAI official said in Chennai today.The Jane's Award for 2012, an international award was given to AAI recently in the 'Best Operational Efficiency'...
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