Budget 2007
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Budget 2006
BS Videos:

  • FM talks to NDTV,BS
          
  • T N Ninan:We can live
          with it
  • T N Ninan: Smoke &
          mirrors
  • Opinion: No scheme
          left behind
  • FM on VAT,
          expenditure
  • FM on direct taxes
  • Agriculture in focus:      FM


  • Union Budget
    Union Budget 2004
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    Union Budget 2006

    Important Documents
      Railway Budget 2007
      Economic Survey 2007
      Budget Speech
      Budget Highlights

    BS Jury Verdict: 7/10
    Budget Headlines
    Home
    Fisc on track, but reforms go slow
    Modest projections on revenue & spending; India Inc disappointed.  ...Read
    India Inc wanted more, much more
    CHAMBER MOOD: "The corporate world feels the finance minister lost a great opportunity to reduce taxes," Ficci head Habil Khorakiwala.  ...Read
    Budgeting with caution -Video
    A 100-minute Budget speech, full of announcements regarding large budgetary outlays, can mask a different kind of reality. As in past years, the finance minister has flattered to deceivebecause the ...Read
    Bloodbath in the markets
    Shares posted their biggest drop in eight months yesterday on the meltdown in the global markets and the increase in the dividend distribution tax in the Budget.  ...Read
    On the MAT; shine off ESoP
    INFOTECH: Companies will have to pay increased dividend distribution tax (effective rate 17.25 per cent due to the 15 per cent surcharge)  ...Read
    'We have cut whatever tax exemptions we could'
    Under attack for a 1980s-style budget with no great reform message, P Chidambaram defended himself in a brief interview with Business Standard.  ...Read
    'We have done nothing to hurt the growth story'
    On rating the Budget on a scale of one to five  ...Read
    Great expectations from private players
    INFRASTRUCTURE: Focus on speeding up the National Highway Development Programme and Accelerated Power Development project.  ...Read
    Tamed fisc raises FM's ambitions
    FISCAL DEFICIT: Target for 2007-08 set at 3.3 per cent  ...Read
    Net cast wider, rate holds
    SERVICE TAX: Goods and service tax to come into effect from 2010, seven new services in tax net.  ...Read
    Literacy cess to snip your pay further
    INCOME TAX : Exemption limit raised to Rs 1,10,000 . Women, senior citizens to benefit further as exemption limit is raised to Rs 1,45,000 and Rs 1,95,000 respectively  ...Read
    Budget in 2 minutes
    DIRECT TAXES
     ...Read
    The BS Jury's verdict: 7/10
    India Inc welcomes the thrust on agriculture and efforts to curb inflation, but direct tax proposals cause concern.  ...Read
    The big small sops
    SMALL SCALE INDUSTRY: Exemption limit for excise duties on small scale industries, service tax raised.  ...Read
    Dividend tax plays spoilsport
    2.5 percentage points hike to force India Inc to shell out additional Rs 1750 cr.  ...Read
    North-bound capex gets 10.35% injection
    CAPITAL EXPENDITURE: Bulk of the capital expenditure is accounted for by defence, home affairs and road transport sectors.  ...Read
    More money flows to get water to crops
    IRRIGATION: Outlay for state projects sees 54% jump.  ...Read
    Farm yield gets an R&D push
    AGRICULTURE: Total allocation for the sector for 2007-08 is Rs 8,558 crore, 15.7 per cent higher than the revised estimates for 2006-07.  ...Read
    Right recipe, but wrong preparation
    FOOD PROCESSING: The excise exemption to instant mixes is an eyewash, as the market size for such products is small - not more than Rs 20 crore.  ...Read
    Big shopping for armed forces
    DEFENCE: 11.6 per cent hike in the Defence Budget sees the IAF and Navy get Rs 10,200 crore and Rs 1,965 crore, respectively, to buy aircraft.  ...Read
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    Updated:20-11-09 19:05 hrs IST