Kolkata, Feb 28 (IANS) The Union Budget for 2007-08 will promote inclusive growth in the country, feels the Indian Chamber of Commerce (ICC), a leading industry body.
Wednesday, February 28, 2007 8:05:11 PM
Bangalore, Feb 28 (IANS) IT bellwethers Infosys Technologies and Wipro Wednesday termed the budget proposals to extend minimum alternative tax (MAT) to IT firms and fringe benefits tax (FBT) on stock options (Esops) to employees as 'retrograde measures with far-reaching implications'.
Wednesday, February 28, 2007 7:46:05 PM
Mumbai, Feb 28 (IANS) The corporate sector in India's financial capital Mumbai Wednesday welcomed the union budget for 2007-08, appreciating its focus on social sectors though many industrialists remained less than impressed.
Wednesday, February 28, 2007 7:45:40 PM
Thiruvananthapuram, Feb 28 (IANS) Kerala Chief Minister V.S. Achuthanandan termed the 2007-08 budget as disappointing, saying that issues of inflation and the agriculture sector had been neglected by Finance Minister P. Chidamabaram, but leaders of the opposition Congress party welcomed it.
Wednesday, February 28, 2007 7:44:52 PM
Hyderabad, Feb 28 (IANS) The government cares for dogs and cats but has no sympathy for the poor reeling under the impact of rising prices, Telugu Desam Party president N. Chandrababu Naidu said Wednesday reacting to the union budget 2007-08.
Wednesday, February 28, 2007 7:42:20 PM
New Delhi, Feb 28 (IANS) Continuing the focus on building infrastructure, the government Wednesday proposed enhanced budgetary support to some major power projects as also a revolving fund to speed up project preparations in public-private partnership.
Wednesday, February 28, 2007 7:10:10 PM
New Delhi, Feb 28 (IANS) India will set up an expert committee to study the impact of climate change on the country, even though it does not significantly contribute to green house gas (GHG) emissions, Finance Minister P. Chidambaram said in his budget speech in parliament Wednesday.
Wednesday, February 28, 2007 7:09:36 PM
New Delhi, Feb 28 (IANS) Populism took precedence over reformism as India's Finance Minister P. Chidambaram presented a Rs.680,521-crore ($148 billion) general budget for 2007-08 Wednesday that gave primacy to agriculture and the social sector while diverting attention from industry and services.
Wednesday, February 28, 2007 7:08:54 PM
New Delhi, Feb 28 (IANS) National Association of Software and Services Companies (NASSCOM), the main software industry lobby in India, Wednesday opposed imposition of minimum alternative tax (MAT) on IT firms proposed in the 2007-08 central budget.
Wednesday, February 28, 2007 6:36:56 PM
Mumbai, Feb 28 (IANS) Indian shares were down by 4 percent following presentation of the union budget for 2007-08 Wednesday and a global sell-off triggered by a slide in the Chinese stock market Tuesday.
Wednesday, February 28, 2007 6:03:30 PM
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