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Has the Budget made savings more difficult for low income groups?

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Has Budget 2011 opened back doors for black money in the country?

News

Budget should continue to focus on other such fiscal incentives: Pranab Datta
Even the growth rate of core industries which contribute significantly to the infrastructure sector has slowed down to 4.4% for the first nine months of 2011-12 against 5.7% growth achieved in the corresponding period of previous year.
list CII emphasizes on greater initiatives for R&D in Union Budget
list Pre-Budget: All India Gems and Jwellery Trade Federation
list GDP to 3.5% and target 5% in the budget of 2013-14: Dr. Sujit Chatterjee
list FM holds pre-budget talks with Bankers, FIs
View All Budget News >>

Budget Highlights

list Black Money...FM unveils 5-fold strategy in Budget
Mukherjee apprised that the amendment in the Money Laundering Legislation in 2009 has significant..
list Black Money...FM unveils 5-fold strategy in Budget
Mukherjee apprised that the amendment in the Money Laundering Legislation in 2009 has significant..
list Highlights of Union Budget FY 2011-12
Phased move towards direct transfer cash subsidy to BPL people for better delivery of kerosene, L..

IIFL Research & Impact Analysis

list Union & Railway Budget 2011-12 Wrap Up: IIFL Research
Check how effective was the budget and its impact on different sectors
list Union Budget 2011-12 - ‘Fiscal consolidation poses major challenge’
With subsidies and expenditure appearing understated, meeting the fiscal deficit target of 4.6% for FY12 will be a major challenge.
list Impact Analysis of Budget 2011-12
Impact Analysis of Budget 2011-12 declaration so far...

Industry Reactions

list Union Budget a balanced budget: Karandeep Singh
Greater allocation of funds to agriculture, infrastructure, education and health is creditable. What remains to be seen is how well these initiatives ...
list Union Budget 2011-12 a progressive budget
Finance Minister is seen to have played safe by the opposition parties who believe that reforms are limited, the industry in general should be reasona...
list KPIT Cummins welcomes FM's Union Budget 2011-12
There are about 13 million vehicles in India currently, and there definitely exists a huge opportunity for solutions that can make these vehicles more...

Fund Expectations

list Govt may unveil measures to fight inflation: Principal Mutual Fund
This year’s Union Budget will be keenly followed as everyone wants the Government to take concrete measures to tame inflation.
list Govt may unveil measures to fight inflation: Principal Mutual Fund
This year’s Union Budget will be keenly followed as everyone wants the Government to take concrete measures to tame inflation.
list Disinvestment target may be hiked: Kotak Mutual Fund
The importance of the Union Budget would be in the potential policy adherence to FRBM norms.
View all Fund Expecations >>

Finance Ministers of India

Pranab Kumar Mukherjee
(1982-1985, Feb 2009-May 2009, May 2009-Continuing)

Pranab Kumar Mukherjee is a prominent leader of India National Congress. He has a degree in law from the...
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Also View:
- Prime Ministers Of India
- RBI Governors

Janta's Reaction

Post Your Own Reaction >>
Posted By: shwetha raichur   |  Mar 07, 2011 01:25 PM
income tax exemption for womens
Posted By: rupesh jindal rania   |  Mar 01, 2011 02:25 PM
i think that this budget have not good impact on the life of normal people.there is no relief for people
Posted By: bipin kumar Bengaluru   |  Mar 01, 2011 11:40 AM
This is very smart budget. perfectly balanced between soaring inflation and the increasing subsidy burden on the Govt. little tweaks have made it c...
View all Janta's Reactions >>

Janta's Expectations

Post Your Own Expectation >>
Posted By: Mishra .. Bangalore   |  Feb 25, 2011 09:09
I expect FM To reduce Wasteful expenditure. Do not spend Money Which Encourage arrogance among Poor through Pampered Poverty by pol...
Posted By: DEB KUM.. KOLKATA   |  Feb 18, 2011 11:52
I expect more populist budget than a realistic one. Still there are expectation from industry for more steps toward tax benefit Now ...
Posted By: ashim Mumbai   |  Feb 18, 2011 11:37
there should be no long term & short term tax
 
View all Janta's Expecations >>

Industry Expectations

list Budget should continue to focus on other such fisc..
Even the growth rate of core industries which contribute significantly to the infrastructure sector has slowed down to 4.4% for the first nine mont..
list GDP to 3.5% and target 5% in the budget of 2013-14..
The Government must direct the insurance sector to charge its policy and make the premium high in the early years and give no clean bonuses thereaf..
list Railway budget is silent on the real progress of l..
Dedicated Freight Corridor and has not put in place any concrete proposal to finance and implement these projects

View all Industry Expecations >>

Budget Glossary

AD-VALOREM DUTIES :  These are the duties determined as a certain percentage of price of the product.
ANNUAL FINANCIAL STATEMENT :  "It is a statement of receipts and expenditure of states for the financial year, presented to Parliament by the government. It is divided into three parts: Consolidated Fund, Contingency Fund and Public Account.
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