Washington | January 03, 2013 10:30 (IST)
"We welcome the action by the US Congress to avoid sudden tax increases and spending cuts, including through an extension of unemployment benefits during 2013.In the absence of Congressional action the economic recovery would have been derailed," IMF spokesman Gerry Rice said on Wednesday.
Mumbai | March 08, 2012 15:07 (IST)
India’s budget deficit will remain more vulnerable until the tax base is substantially expanded, said the report.
New Delhi | February 17, 2012 16:17 (IST)
The government is considering to raise the tax deduction limit for housing loans in the coming Budget, sources said.
New Delhi | February 16, 2012 10:38 (IST)
Amid moderation in industrial output, CII said any hike in excise duty from the current 10 per cent would further impact growth and also put burden on consumers.
Mumbai | February 05, 2012 13:23 (IST)
The government is likely to bring more services in the tax net to raise revenues in the forthcoming Budget.
Mumbai | February 04, 2012 21:09 (IST)
“Achieving rates of fiscal consolidation would be a stimulus to investment and the budget should also focus on boosting investor sentiment,” he added.
New Delhi | February 03, 2012 17:10 (IST)
India Inc asked the Finance Ministry to retain tax rates at existing levels, but increase exemption limits.
Reported By: Aditi Gupta | New York | February 01, 2012 22:48 (IST)
In a pre-budget meeting, various economists suggested to rebuild investor confidence and restore growth.
Mumbai | January 17, 2012 01:26 (IST)
Trade union leaders pressed for a worker-oriented budget aimed at generating employment
Reported By: NDTV Correspondent | March 05, 2010 05:16 (IST)
Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.