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What do you expect from Budget 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.

Fare hike, fewer trains likely in Trivedi’s budget

Listening to the Railway budget

An indirect hike on passenger fares by way of a safety or a modernisation surcharge? Deployment of level-2 of the European Train Control System (ETCS) project for ensuring passenger safety? Grand plans to ramp up catering services by roping in global firms such as the Singapore Airport Terminal Services and the Cremonini of Italy?

Don't mind losing my job, says Trivedi

Dinesh Trivedi
Dinesh Trivedi may be on his way out as the railway minister after party chief Mamata Banerjee smelled a “rebellion” in his budget after he hiked passenger fare — allegedly keeping her in the dark. Saubhadra Chatterji reports
Poll: Is it time for Cong to part ways with Mamata?

Budget to be inflationary, says industry

As Finance minister Pranab Mukherjee resorted to mopping up more taxes, a disappointed India Inc today said his Budget is a "missed opportunity" and would have cascading impact on inflation and consumer demand.

Delhi cops seek bigger fund to pay informers

Crucial leads from an informer helped the Delhi Police crack the murder of IT executive Jigeesha Ghosh three years ago, and in turn of journalist Soumya Vishwanathan, as the same persons were involved.

FM may raise allocation for health and education

Finance minister Pranab Mukherjee is on Friday expected to present a social sector reform budget with higher allocations for health, education and skill development, besides a total sanitation programme.

Airline stocks lose momentum

Shares of three listed airlines, Kingfisher Airlines, Jet Airways and SpiceJet, reversed their early morning gains, after a final decision remained elusive in the Union Budget for allowing foreign carriers invest in domestic players.

Budget 2012-2013
Securities tax may face the axe

Finance minister Pranab Mukherjee is likely to slash the securities transaction tax (STT), in a move that is likely to boost investor sentiments. The government is, however, unlikely to impose the commodity transaction tax (CTT) on commodity futures and options. HT reports.

Trivedi for linking fares with fuel costs

Railway minister Dinesh Trivedi after raising passenger fares for the first time in eight years, wants to link the fares to the cost of fuel -increasing or decreasing with changes in fuel rates.

Mumbai elevated rail corridor may become a reality

Barring the nominal fare hike, Mumbai's suburban commuters have many things to cheer about in the rail budget for 2012-13 presented in parliament Wednesday by Railway minister Dinesh Trivedi.

Finance minister invokes Hamlet

Finance minister Pranab Mukherjee invoked Shakespeare during the budget presentation today to indicate the tough and perhaps thankless nature of his job.

Budget anti-people, reflects UPA's policy paralysis: Jaya

Dubbing the Union Budget as 'anti-people,' Tamil Nadu chief minister J Jayalalithaa today said it reflected the 'continued policy paralysis gripping' Manmohan Singh Government.

Budget 2012-13 | A Runup
Bigger tax relief for home-loan borrowers?

home loan
Finance minister Pranab Mukherjee may have some good news for home-loan borrowers in the 2012-13 budget. The government is considering a proposal to double the tax deduction limit on interest on home loans to Rs. 3 lakh per annum. HT reports. Welcome measure

What's the need for a separate Rail budget: Ask experts

Is there a need for a separate railway budget? Even as railway minister Dinesh Trivedi presented his first rail budget on Wednesday, this is the question most experts have been asking, HT writes.