Effective measures to bring down prices, more money to offset the rising prices of almost all commodities, more economic reforms, an urban employment guarantee scheme and a citizen-friendly tax administration set-up…HT
reports. Citizen charter
32 bills, including the controversial Press and Registration of Books and Publications bill, as also the Land Acquisition (Amendment) bill, will be introduced in Parliament during the Budget session beginning February 21.
With rising prices and interest rates causing concern, Congress leaders on Tuesday gave their wish list to finance minister Pranab Mukherjee during the pre-budget consultations at the AICC headquarters here ahead of the budget session of Parliament beginning on February 21. HT reports.
With less than two weeks to go for the Budget for 2011-12, finance minister Pranab Mukherjee and the government’s macro-economic managers have their plates full.
The exercise to make the budget is a long-drawn one that deftly juggles political pressures, conflicting demands, the economy’s priorities and utmost secrecy. HT
reports.The long grind to D-day
In their wish list to Pranab Mukherjee, as he prepares to present his annual budget in less than 10 days, the US business houses have sought increasing FDI cap in insurance sector to 49 percent, besides reducing tariff in a whole range of items.
Seeking equal treatment in investment and taxation between overseas and resident Indians, diversified conglomerate Hinduja Group today said amnesty must be given to bring back black money from foreign soil to India.
The third phase of Delhi Metro envisaging an investment of Rs. 28,000 crore is likely to be announced in the General Budget for 2011-12, says highly placed sources in the government.
Having infused a net amount of Rs. 277 crore in stocks and bonds so far this month, overseas investors are likely to remain largely on the sidelines till the Union Budget is presented on February 28.
Global crude oil prices crossed $108 per barrel on Tuesday causing more worries for India's macro-economic managers grappling for options to contain prices without upsetting the growth. HT reports.
The government is likely to increase its thrust on housing especially for those who come under the lower income group in the urban and semi urban areas. Mahua Venkatesh reports.
Amid expectations of some relief for the common man in the budget, finance minister Pranab Mukherjee today said his government will have to take steps to increase his purchasing power.
Labour and Employment Minister Mallikarjun Kharge today exuded confidence that Finance Ministry is likely to approve by March-end the EPFO proposal to give 9.5% interest on provident fund deposits for 2010-11.
The government is likely to announce a roadmap for migrating to a countrywide goods and services tax in the 2011-12 budget. HT reports.