Like all pre-Budget discussions, the recent meeting between Finance Minister Pranab Mukherjee and state finance ministers was held behind closed doors at Vigyan Bhavan. Special: The rise and rise of

Taking a cue from the budget making process of the Central government, the state finance department has initiated steps for consultation with representatives of different socio-economic groups,

With an extra Rs 100,000-crore fiscal overshoot expected, slimming recipes on the way. This year's Union budget might see a mere five to 10 per cent rise in gross budgetary support (GBS) - the

Raising revenue for fiscal consolidation will require hikes in indirect taxes. In drafting the Union Budget for 2012-13, the government will have to consider how to return to a path of fiscal

India's budget for 2012/13 should send a credible signal on fiscal consolidation by reforming the petroleum subsidy, Montek Singh Ahluwalia, deputy chairman of India's planning commission, said in an

Sector to see funding push; tax reforms as well as sops to wait longer. The Budget this year will likely feature very few tax sops and a generally austere financial approach. Finance Minister Pranab

The government's fiscal deficit as a percentage to the gross domestic product may be higher than the budget projection, Finance Minister Pranab Mukherjee said on Friday at an industry

The budget for 2012/13 ending March will be presented after elections scheduled in five states, Finance Minister Pranab Mukherjee said on Monday. State elections are scheduled between the end of

But, govt plans to bring some provisions that can't wait. The Direct Taxes Code (DTC), which will replace the Income Tax Act, 1961, is unlikely to be implemented from the next financial year as

Senior managers need to put together pieces of the corporate jigsaw puzzle into the big picture to take their company to the next level. After the seeds of entrepreneurship were sown in the early