Business Opportunities

Union Budget likely on Feb 26

The Union budget for 2010-11 is likely to be presented on February 26, two days ahead of the conventional date. - FM hopeful of achieving Rs 4 lakh-cr direct tax mop-up target - New date for GST deferred till month end">New date for GST deferred till month end - FM asks officials to design new simple I-T forms - Harvesting growth - "Stimulus withdrawal will drive up car prices" - Plan panel assured of 15% more budgetary support Finance Minister Pranab Mukherjee indicated this to journalists during a lunch hosted by him at his residence here today. The annual budget date is being advanced from the normal practice of being presented on February 28, because February 27 is a government holiday on account of Prophet Mohammad"s birthday and February 28 being a Sunday. The Cabinet is expected to approve the date soon. Mukherjee said that the economy was generally looking up and signs were good. This would be the second budget of the UPA-II, with the first one presented in July last year after the general elections. The budget exercise has already been initiated by the Finance Ministry amid a debate on whether stimulus measures should continue and if so, for how long, in the wake of the economy showing signs of recovery. Both Prime Minister Manmohan Singh as well as Mukherjee have expressed the confidence that India"s GDP would clock 9-10 per cent growth in the near future and expand by over seven per cent this fiscal.

Pay Day Loans commented:

The budget have arrived and the people doesn’t liked it that much as the government havent fulfilled their needs

11.08.2011

payday loan company commented:

I think this was before 6-8 months old as now again there is a strong feeling of recession because us is in debt

30.08.2011

Paydaycentre commented:

The annual budget date is being advanced from the normal practice of being presented on February 28, because February 27 is a government holiday on account of Prophet Mohammad\"s birthday and February 28 being a Sunday.

16.09.2011

payday loan comparison commented:

I think things will get more expensive and politicians will get richer. It\'s better to call for a non confidence vote to this Government; they have not been citizen caring.

01.10.2011

Family Offices Asia commented:

Hope this budget will bring something to cheer for the house holders and specially the middle men.It always so exciting to eagerly watch the budget

15.11.2011


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
Tata to compensate Singur vendors' losses
To make up for 80% of losses incurred by component suppliers
Popular Articles
payday loans online

Tiger Woods to take 'indefinite' leave from golf
Tiger Woods says he"s taking an indefinite leave from golf to work on saving his marriage, using the word "infidelity" for the first time in a statement posted on his website.

Oil rises above $80 amid stock market surge
Oil prices rose above $80 a barrel today in Asia as crude investors eyed a surge in global stock markets.