Page 513 - Budget 2026 News
Market gives cold shoulder to Budget, Sensex dips 209 pts
VOLATILE MARKETS: April rate cut hopes dim as investors doubt FY13 deficit target
Pharma sector says no life in Budget
HEALTH CARE: Extension of 200 per cent weighted deduction on R&D to 2017, seen as a big positive
Relief on tax to help fertiliser cos
FERTILISER: But silence on urea deregulation disturbs players
STT cut small consolation: Street
SECURITIES TRANSACTION TAX: Increase in service tax to negate gains from 20 per cent cut
A mixed bag of goodies for FMCG players
FMCG: Rise in excise & service tax are dampeners. But consumer durables and energy-efficient light makers will benefit
Big tax hikes done, fuel next
Taxation measures to net Rs 41,440 cr, but fiscal deficit will still be at 5.1% of GDP next fiscal
Didi calls it tolerable, Left raises red flag
POLITICS OF THE BUDGET: Opposition says Budget does little to take reforms forward, belongs to pre-liberalisaton era
Tax sharing with states to hurt Centre
DEVOLUTION TO STATES Availability of less resources will adversely affect Centre?s effort to reduce revenue deficit
Health gets booster shot with robust fund infusion
HEALTH AND NUTRITION : Substantial increase in allocation for programmes meant for children and pregnant women
Lethargy creeps into rural jobs, fund for NREGS shrinks
SOCIAL SECTOR: Allocation for livelihood creation, rural road building, sanitation, drinking water sees remarkable increase
Fiscal deficit pegged at 5.1% of GDP
FISCAL DEFICIT: Market borrowings, at Rs 5.70 lakh crore, to rise 11.5% to bridge the gap
Some DTC provisions debut early
DIRECT TAXES CODE: GAAR to counter aggressive tax avoidance schemes, ensure use only in appropriate cases
Pranab focuses on curbing non-Plan expenditure
EXPENDITURE: Non-Plan expenditure to rise about 9 per cent over the revised estimate to Rs 9,69,900 crore in 2012-13
Sharper targeting to cut the subsidy bill
SUBSIDIES: Direct transfer of subsidy to be implemented in phases to curtail misuse