Budget 2012: Expectations
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Updated on Mar 16, 2012 01:59 am IST
In the Union Budget 2011 the defence budget was hiked by 11.6% to Rs 164,415 crore. This year experts expect a hike around 10%. (Reuters)
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Updated on Mar 16, 2012 01:59 am IST
The budget is expected to give a thrust to micro irrigation, come up with initiatives to promote foreign investment in cold chains and regularly monitor its agricultural policy. (Reuters)
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Updated on Mar 16, 2012 01:59 am IST
Hospitals and healthcare companies expect extension of tax holiday in tier-II and III towns to 10 years from 5 years. (Reuters)
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Updated on Mar 16, 2012 01:59 am IST
IT industry is lobbying for an extension of tax holiday, especially for small and medium firms to cope with pricing pressures and lower margins. (Reuters)
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Updated on Mar 16, 2012 01:59 am IST
Retailers are expecting the government to announce a roadmap to open up the supermarket sector to foreign giants such as WalMart and Carrefour, which would help in tie-ups and boost capital inflows. (Reuters)
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Updated on Mar 16, 2012 01:59 am IST
Import duty on thermal coal may be scrapped to give a boost to power companies. (Reuters)
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Updated on Mar 16, 2012 01:59 am IST
Automakers are bracing for a possible tax of up to Rs 80,000 on diesel cars to partially help fuel retailers for selling fuel at below cost. Analysts say if levied, the tax could result in the cost of a diesel car increasing by up to 20%. (Reuters)
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Updated on Mar 16, 2012 01:59 am IST
The UPA government has almost doubled the allocation for its flagship school education scheme - the Sarva Siksha Abhiyan - in the last six years. The expectation this year is a higher emphasis on quality in school education. (Reuters)
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Updated on Mar 16, 2012 01:59 am IST
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