Budget making is not an easy task and our FM knows that why he is working very hard to give the final shape of indian budget 2007-2008.
Finance minister P Chidambaram is a tough task master, especially when it’s the time to chart the course for the nation, its economy.An senior official in the finance [...]

Major banks want the government to make up for losses on small loans to farmers at a concessional rate of 7 per cent.
At a pre-Budget meeting with Finance Minister P Chidambaram, chief executives of major banks, including the State Bank of India, Bank of Baroda, Citibank and HDFC Bank, urged the government to raise [...]

Indian Government considering a slash on customs duty of petrochemical raw materials in the coming budget,If it happens then prices of a large number daily use commodities like textiles, soaps and detergents, fashion accessories, cosmetics and others may come down.
In its pre-budget session the ministry has recommended to remove five percent basic Customs duty [...]

The government may increase the education cess in the Budget as part of a plan to create a corpus to provide cheap loans to students from low-income families.
This was discussed at a meeting chaired by the Prime Minister’s Principal Secretary, TKA Nair, on January 12 with the Indian Bank Association, industry bodies and human [...]

Pipeline companies such as Reliance Industries (RIL) and Gail (India) may be in for a bonanza in the Budget as the government is considering tax sops for the pipeline sector.
Speaking at an Indian Oil Corp (IOC) function in Panipat on Friday, finance minister P Chidambaram said he will consider the petroleum ministry’s demand of [...]

AS per the news story published on IBNLIVE.com
Another round of petrol price cut is imminent, or so it seems. But for this to happen, the crude price levels in the international market have to drop just a few points more to hit $50 a barrel. Currently, the Indian basket of crude oil is averaging [...]

A budget is a quantified, planned course of action over a definitive time period. It is an attempt to estimate inputs and the costs of inputs along with associated outputs and revenues from outputs. Creating a budget is very important to any business entity or country.
Under [...]

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