The Union Budget 2023-24 was presented against the backdrop of some critical geopolitical developments and was the last full budget before the next general elections. Signicantly, 2023 is also the year in which India became the most populated country in the planet and assumed G20 presidency. The Budget served as …
Guwahati: Assam Chief Minister and also Finance Minister Tarun Gogoi on Monday presented a budget of Rs 42380.68 crore for the fiscal 2012-13 with an estimated deficit of Rs 293.44 crore and without any proposal for fresh tax. Presenting the budget at Assam Assembly Gogoi painted a rosy puctire of …
Budget allocations made for major sectors of development during the last eight years in Madhya Pradesh have risen by several hundred per cent. Unprecedented increase has also been witnessed in the Budget size also during the period. Most of the population of Madhya Pradesh lives in villages. A budgetary provision …
In a bid to boost solid-waste management at source, the City Corporation has offered a one per cent concession in property tax for households that install solid-waste treatment plants. Addressing a news conference after the presentation of the 2012-13 budget of the Corporation on Monday, Mayor K. Chandrika said that …
New Delhi: Car sales zoomed 13% in February as buyers flooded showrooms, owing to fears of a price hike after Budget. This was the steepest pace of growth since April 2011 to 2.11 lakh units against 1.86 lakh units a year earlier. According to figures released by the Society of …
With 230 million people under-nourished, the country awaits some comprehensive policy intervention from the government to tackle this haunting crisis. One of the most logical measures would be to provide a fixed amount of foodgrain to all citizens. But wouldn’t the costs be enormous, ask sceptics? The Center for Budget …
GUWAHATI, March 11: The NF Railway Mazdoor Union has appealed to the Union Railway Minister Dinesh Trivedi for take steps for the development of the north-eastern region. The union has submitted a memorandum to the Railway Minister for inclusion of various proposals in the Railway budget for the year 2012-13. …
The mining industry will have to wait till at least the monsoon session of Parliament for passage of the new Mines and Mineral Development and Regulation (MMDR) Bill. The legislation is being examined by a parliamentary standing committee. In an interview here with Business Standard, the secretary in the ministry …
Budget 2012 will probably carry some regional sops in the form of continuation of exemptions on excise given in the North East states plus some existing subsidies on transportation. One does not expect these to be withdrawn probably because the government feels the sensitivity of NE issues is more important …
New Delhi THE ministry of corporate affairs has suggested some fine-tuning of the new Mines Bill, which is being examined by a parliamentary panel and provides for profit-sharing by mining firms with project-affected people, among other provisions. Questioning a clause in the new Bill that provides for issuing at least …
A TOI report on Union government’s letter to the state government for a CBI probe into forest and herbal park scams allegedly involving two Haryana ministers and senior government officials created a furore in the assembly on Monday. Angry words were exchanged as Haryana finance minister H S Chatha prepared …
No fresh taxes except on tobacco products y VAT on cooking gas, fertilisers goes y Sops for IT, science, Finance Minister Abdul Rahim Rather today presented a "zero deficit" budget for 2012-13. Except proposing a hike on tobacco products and liquor, the Finance Minister announced various sops for the common …
Power generation costs in Haryana has gone up by over 300 per cent in the last 36 years. Power Minister Capt Ajay Singh Yadav said this in the Vidhan Sabha’s budget session on Monday. While replying to a query put up by INLD leader Jarnail Singh during Question Hour, Yadav …
There was a furore in the Haryana Vidhan Sabha here on Monday when the Indian National Lok Dal and BJP legislators brandished copies of a newspaper during Zero Hour and demanded a statement from the Government regarding “directions issued by the Centre to the State Government to initiate a CBI …
Tamil Nadu chief minister J. Jayalalithaa has called a Cabinet meeting on Monday reportedly to discuss the report submitted by the expert panel that went into safety aspects of Koodankulam Nuclear Power Project. There is wide expectation CM may give a go-ahead to the plant. The expert committee has given …
New Delhi The government is considering setting up a separate corpus out of the existing national clean energy fund to help finance renewable energy projects. Finance minister Pranab Mukherjee is likely to announce this in the forthcoming Budget. The proposal is that the government will set up the corpus out …
With the State’s revenue taking a beating due to the blanket ban on iron ore mining, the Finance Department (FD) has decided to make good the shortage by enhancing the rates of other non-tax revenue sources, including user charges on various services being provided by the State government. In a …
BHUBANESWAR: Bhubaneswar Municipal Corporation has earmarked ` 100 crore for roads and drainage repair for the fiscal 2012-13. BMC’s budget for 2012-13 fiscal was placed before the corporators and BMC officials on Saturday. In view of the dismal condition of the roads in the city, a major part of the …
Itanagar: Chief Minister Nabam Tuki, a known conservationist, is going to ink another record soon with the objective of protecting and conserving the rich flora and fauna of Arunachal Pradesh. The Arunachal Pradesh Forest & Wildlife Protection Bill, once it gets the nod of the assembly, would provide additional teeth …
The upmarket stretch of Netaji Subhash Chandra Marg, popularly known as Marine Drive, and one of Mumbai’s oldest roads to be built and later concretised, will soon get a new lease of life at a cost of up to Rs 38 crore. This amount is almost as much as what …
New Delhi: The annual budget to combat tuberculosis (TB), the deadly air-borne disease, for 2012-13 will see about 80% increase over last fiscal. While the country’s annual health budget is set to increase by a meagre 13% this year, the Planning Commission has decided to raise allocation for the TB …