Budget 2012: News, Views, Analysis on Union and Railway Budget of India presented by Hindustan Times

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Fri,24 May 2013

NEWS

India Inc hails rail budget; calls it balanced, pragmatic

Corporates today gave thumbs up to the rail budget terming it as 'balanced' while maintaining that hiking passenger fares will help rationalise revenue stream of the Railways.

Don't mind losing my job, says 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?

Fare hike, fewer trains likely in Trivedi’s 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?

Rail Budget today: Safety cess on higher class fares likely

Rail Budget today: Safety cess on higher class fares likely

Pitching for expansion of rail infrastructure, railway minister Dinesh Trivedi may allocate significant funds while presenting the Rail Budget today for Dedicated Freight Corridors (DFC) to expedite its execution. There are speculations about the possibility of safety cess being imposed on train fares also. Expectations | High hopes from this Rly budget

TMC corners govt on NCTC, DMK on Lanka war crimes

On the second day of the budget session on Tuesday, the UPA government faced tremendous pounding by its eastern and southern allies — Mamata Banerjee-led Trinamool Congress and M Karunanidhi's DMK — mainly on two issues. HT reports. LTTE chief's son shot point blank: video

BJP wants Lokpal Bill debate the first business in RS

The BJP today gave notice for suspension of Question Hour in Rajya Sabha to debate Lokpal issue even as it discussed the strategy to take on the govt in both Houses on issues like "attack on federal structure" in formation of NCTC, RPF Act and plight of Sri Lankan Tamils. Won't go to govt for demanding Lokpal: Anna

Compensate or raise CST, state govts tell Centre

The state governments have asked that the Central Sales Tax (CST) be raised back to 4% from the current 2% if the Centre refuses to compensate states for revenue losses that they suffer.

Cong plans for Budget; reaches out to SP, allies

Ahead of the budget session, the Congress has reached out to UPA allies and Samajwadi Party by expressing readiness to walk the extra mile to strengthen coordination with them. 'Confident' PM says UPA has the numbers to tackle issue

BJP wants Lokpal Bill debate the first business in RS

'Government working to get information on black money'

The government had taken steps to open channels for wider information on black money from foreign countries, President Pratibha Patil said on Monday and stressed that automated delivery of public services with minimum human intervention was a key step towards reducing corruption.

Economy will grow at 9% soon: President

President Pratibha Devisingh Patil expressed confidence of economy reverting back to 8 to 9% growth amid strong domestic fundamentals and announced a slew of pro-people measures before the budget on March 16. HT reports. No compromise on nuclear safety: Govt | Prez favours setting up of NCTC | Highlights of President's speech

'Confident' PM says UPA has the numbers to tackle issues

Expressing confidence that the budget session of Parliament would run smoothly, Prime Minister Manmohan Singh today said the government was willing to discuss and debate all issues on the floor of the House. Big-ticket reforms on hold for a ‘safe’ budget session

BJP wants Lokpal Bill debate the first business in RS

Big-ticket reforms on hold for a ‘safe’ budget session

With regional parties, including ally Trinamool Congress, gearing up for a ‘federal front’ and the Opposition aiming to corner the Congress after the assembly polls, the UPA govt is bracing for a stormy budget session of Parliament starting Monday. Saubhadra Chatterji reports. Poll shadow on economic agenda | NDA not to boycott PC | Budget, harbinger of hope

Black money issue to figure in budget session

The issue of bringing back Indian black money stashed abroad is likely to figure prominently in the budget session of Parliament beginning Monday with BJP leader L K Advani today saying that the opposition was eager to know how the government had tackled the matter.

Budget Session from tomorrow, portends tough time for govt

The Budget session of Parliament beginning tomorrow portends a tough time for the government against the backdrop of reverses the Congress suffered at the Assembly elections and the possibility of issues like federalism bringing unlikely forces together.

House panel for abolition of STT, no change in 30% corporate tax

A parliamentary panel on Friday recommended a host of measures, including abolishing the Securities Transaction Tax on trade of equities, but suggested that corporate income tax rate should be retained at the current level of 30%. HT reports. Tax leaks through loopholes

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.

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