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What do you expect from Budget 2012?

New Delhi, March 11, 2012
The Budget 2012-13 will be presented on March 16 by the Union finance minister Pranab Mukherjee. Share with us your views and expectations from the finance minister on this year's budget.

Less is more

Budget 2011-12 is a collage that has all the hallmarks of finance minister Pranab Mukherjee, the consummate political artist. Join the apparently disparate dots and you get a big picture that has elements of what we had expected - pushing financial inclusion, especially in rural and small-town India, controlling inflation, catalysing economic growth and laying down a roadmap to curb black money. HT reports.
Good and the bad | Highlights | Full budget speech | What's cheaper, what's dearer | How do you rate Pranab's budget

Pranab's budget is high on intent, low on urgency

High on intent, low on urgency, Pranab Mukherjee’s Budget 2011-12 had all the elements of what we expected --- controlling inflation, catalysing economic growth, signalling the end of black money. But for a nation crying out for immediate relief, all it got was promises of future respite. Gautam Chikermane reports.

Budget hike won't help education sector: Sibal

The 24% hike in the outlay for education announced in the union budget will not help the sector because what is needed is a change in mindset, Human Resource Development Minister Kapil Sibal said on Thursday.

Now govt needs IT backup to fulfill promises

Pranab Mukherjee’s announcements of the Goods and Services Tax (GST), an expanded information highway for colleges and attempts at improving farm sector health critically rely on technological infrastructure that India is desperately trying to put in place. Charu Sudan Kasturi reports. Must haves

Feb auto sales surge on duty hike fears...

Domestic passenger car and two-wheeler sales surged in February as customers advanced their purchases in anticipation of an increase in excise duties in the Union Budget that could have made cars and bikes costlier. HT reports.

Budget boost for low-end realtors

Many real estate developers across India who do not have a presence in the affordable housing segment may foray if the “investment linked deduction” offered by the government on investment in the sector is substantial. Sachin Dave reports.

Dhumal accuses Mamataa of overlooking HP in rail budget

Himachal Pradesh chief minister Prem Kumar Dhumal today alleged that railway minister Mamata Banerjee was "busy somewhere else forgetting" about the genuine needs of the his state.

In election year, Didi woos aam aadmi

I love my state and did nothing wrong by sanctioning projects for Bengal. My state was deprived for long, but I have been fair to all states,” said railway minister and Trinamool chief Mamataa Banerjee to a television channel on Friday just after her speech in Parliament.
 

Our Take
Not feeling too social just yet

There is no uncommon touch for the common man in the budget despite adequate allocations.

Pranab confident of 4.6% fiscal deficit target

Finance Minister Pranab Mukherjee today exuded confidence that the fiscal deficit target of 4.6% of the GDP for 2011-12 would be achieved.
MARKETS

Govt may rollback service tax on hospitals

The government could roll back the service tax that has been imposed on 25 bed hospitals and diagnostic centers.