Finance Minister Pranab Mukherjee has chosen the path of being incremental and presented a more pragmatic Budget, reflecting the current political reality in the country. With lower than estimated

The government has announced its intent to introduce critical Bills to push financial sector reforms. Finance Minister Pranab Mukherjee said: "To take forward the process of financial sector

Hit hard by slippages in direct tax collections and disinvestment proceeds and a higher subsidy burden, the Centre's fiscal deficit is estimated to widen to 5.9 per cent of GDP in the current

Car buyers would have to shell out more for their choice of vehicles, as Finance Minister Pranab Mukherjee proposed to raise the excise duty on small and large vehicles to its highest level in nearly

Central excise duty rate up to 12%; 17 services on negative list; STT cut 20%, QFIs allowed access to corporate bond market Finance Minister Pranab Mukherjee on Friday unveiled a range of new taxation

The finance minister quoted Shakespeare's Hamlet before starting the second part of his Budget speech. A long monotonous speech had a humorous pause albeit a very small one. To quote him "The life of

New Delhi: Clearing the way for oil refiners to pay Iran in Indian rupee, the Union Budget has exempted the payments made for crude oil purchased from the Persian Gulf nation, from any local tax.

Finance Minister Pranab Mukherjee played it safe in unveiling the federal budget on Friday, pledging reforms but setting only modest targets for trimming a ballooning fiscal deficit, disappointing

The Union Finance Minister Mr. Pranab Mukerjee presented the Union Budget 2012-13 and has given a marginal benefit on the much awaited income tax slabs for common people. The biggest beneficiaries

The finance minister Mr. Pranab Mukherjee is facing one of the toughest challenges of his long and distinguished career as the man at the helm of financial planning for the nation. This year's Union