Budget For You

Budget For You

  • home loan
    Feb 13, 2012 00:13 ISTBudget 2012-13 | A Runup

    Bigger tax relief for home-loan borrowers?

    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

  • Mar 15, 2012 00:25 IST

    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.

  • Mar 16, 2012 11:22 IST

    Budget highlights: Tax benefits, but costlier services

    Highlights of the budget for 2012-13 presented by finance minister Pranab Mukherjee in the Lok Sabha on Friday.

  • Men watch a large television screen
    Mar 16, 2012 13:04 IST

    A little more cash for common man

    For an economy still slowing down and unlikely to see brisk hiring or steep payhikes, finance minister Pranab Mukherjee has given salaried bread-winners a reason to cheer. HT reports. Graphics | Personal taxes

  • Mar 17, 2012 00:05 IST

    Buying land? Or jewellery above Rs 2 lakh? Your tax net just widened

    If you are buying bullion or jewellery worth Rs 2 lakh or more, or sold property or land, beware: the taxman is watching you.

  • Mar 17, 2012 00:11 IST

    Exemptions: men are catching up

    Men finally catch up with women. Finance minister Pranab Mukherjee on Friday hiked the annual income tax exemption limit by Rs 20,000—but only for men.

  • Mar 17, 2012 01:27 IST

    How can a small tax break be a substantial relief, MR FM?

    The main objective of any tax system is to raise revenues to fund government expenditure. The amount of revenue raised is determined to a large extent by tax bases and tax rates.

  • Ring-a-ring o’ Metro
    Mar 17, 2012 12:38 IST

    Budget 2012: No service tax on Metro, taxi, 2nd-class rail travel

    Metered taxis, entry to amusement facilities, second-class rail travel, and betting, gambling and lottery will not attract the 12% service tax, as per the budget proposal. The other side of budget | Highlights | Reforms