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Search Results union budget 2009-10 |
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| Expectations belied | 13-JUL-09 |
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| While the markets are not impressed, the Budget’s eyeing higher growth rates through infrastructure spending and by boosting consumption. |
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| Cement prices may soften in H2 | 09-JUL-09 |
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| After the cement prices remained firm during the first half of the year, backed by robust despatches, the commodity prices are set for a correction in a month’s time. |
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| Food security scheme: More worries for states | 09-JUL-09 |
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| The much-awaited announcement in the Union Budget 2009-10 to ensure entitlement of 25 kg rice or wheat per month at Rs 3 per kg to every family living below the poverty line (BPL) in rural and urban areas, has raised more questions than it sought to answer. |
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| Govt restores FBT burden on employees; cos to save on crores tax, admin hassles | 08-JUL-09 |
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| The proposed abolition of the fringe benefit tax (FBT) in the Union Budget 2009-10 is expected to help companies reduce their tax burden by crores of rupees and offset much of the burden from the 5 percentage points increase in the minimum alternate tax (MAT). Most companies, however, are more thrilled that it would save them from the tedious administrative process of maintaining a database of fringe benefits. |
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| Huge push for consumption | 07-JUL-09 |
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| This Union Budget was riding high on expectations, signalling reforms — a cue from Economic Survey, active steps on disinvestment and realistic expectations of government revenues, both tax and non-tax. Of this list, the government has largely met expectations with respect to tax collections, remaining relatively muted on the other two! From a markets perspective, the Budget has ‘under-delivered’ on the ‘implementation-intent ratio’. |
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| M Govinda Rao: Balancing growth and stability | 07-JUL-09 |
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| The Union Budget for 2009-10 presented by the finance minister is on predictable lines. Surely, the finance minister has done a fine balancing act of giving a thrust to growth while trying to contain fiscal imbalance. The fiscal deficit relative to GDP is estimated at 6.8 per cent and the revenue deficit at 4.8 per cent. |
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