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India

IT Initiatives: New Simplified form ‘Sugam’ to be introduced for small tax Payers

Special Correspondent - 2011-02-28 19:19
New Delhi: The Union Budget 2011-12 has laid a special emphasis on reducing the compliance burden of small tax payers by introducing simplified return form called ‘Sugam’. The Finance Minister Shri Pranab Mukherjee while presenting the Budget said that the small tax payers who fall within the scope of presumptive taxation can utilize the new simplified form Sugam.
India

Quality of Governance to be improved through PMES

Special Correspondent - 2011-02-28 19:15
New Delhi: The Union Budget 2011-12 seeks to improve the quality of governance through strengthening Performance Monitoring and Evaluation System (PMES).
India

Recommendations of TAGUP Accepted in Principle

New Series of Coins with the Rupee Symbol to be issued
Special Correspondent - 2011-02-28 19:11
New Delhi: Some additional measures for good governance have been proposed in the Union Budget 2011-12.
India

SECURITY MEASURES EASED IN KASHMIR

CENTRE WAITING FOR INTERLOCUTOR’S REPORT
B.K. Chum - 2011-02-28 19:04
What next in Jammu and Kashmir? The developments that have been taking place since the past few weeks have given fresh relevance to the question. A close look at these developments shows that they are more positive than negative.
India

BUDGET GIVES A BOOST TO CORPORATE SECTOR

Nantoo Banerjee - 2011-02-28 19:01
New Delhi: If the initial stock market reaction is of any value, the union budget has met more than the expectations of the corporate sector. Transport stocks, construction stocks, realty stocks, automobile stocks, bank stocks, education stocks, PSU index, stocks of the oil, steel, capital goods and FMCG all bounced back immediately after the budget announcement, indicating a positive forecast for the economy in 2011-12.
India

A POPULIST BUDGET TO UNDO IMAGE OF A BESIEGED GOVERNMENT

FINANCE MINISTER TRIES TO BALANCE CONCESSIONS AND REFORMS
S. Sethuraman - 2011-02-28 18:51
New Delhi: The Finance Minister Mr Pranab Mukherjee has tried to lift up the national mood and restore credibility of the UPA Government with a predictable fiscal exercise blending an array of tax reliefs for all income groups, higher social spending and a dose of reform measures, in the Union Budget for 2011/12 he presented to Parliament on February 28.
India

CII WELCOMES BUDGET

Special Correspondent - 2011-02-28 18:37
NEW DELHI: In a statement here today, Confederation of Indian Industry (CII) welcomed Budget 2011 which has focused on the investment environment, especially in agriculture and infrastructure.

SECURITY COUNCIL IMPOSES SANCTIONS ON LIBYAN AUTHORITIES IN A BID TO STEM VIOLENT REPRESSION

Special Correspondent - 2011-02-27 19:05
New York: The Security Council today voted unanimously to impose sanctions against the Libyan authorities, slapping the country with an arms embargo and freezing the assets of its leaders, while referring the ongoing violent repression of civilian demonstrators to the International Criminal Court (ICC).