IIFL Research & Impact Analysis

list Union Budget 2012-13: ‘Fiscal consolidation = Subdued growth ?’
Expectations were really never high from the budget after the recent electoral drubbing. The need of the hour was a clear roadmap for fiscal consolidation by cutting expenditure and subsidies. Instead, a slew of allocations were made to several schemes in an attempt to be populist.
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.

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...
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Janta's Expectations

Posted By: Ram Mumbai   |  Jul 10, 2014 08:34 AM
I expect the budget to address four major issues: create an ecosystem to foster economic growth, restart the process of economic reform, lower fiscal deficits and attack inflation on an emergency basis to bring some relief to the common man
Posted By: Robert Mumbai   |  Jul 10, 2014 08:34 AM
Need steps to have a more stable policy environment to encourage investment. Changes in the labour law too
Posted By: Komal Mumbai   |  Jul 10, 2014 05:34 PM
More action was expected on retrospective taxation
Posted By: Alia Dutta Mumbai   |  Jul 10, 2014 05:34 PM
Budget should not burn the pocket money
Posted By: Uday Challu, CEO, iYogi NCR   |  Jul 07, 2014 03:20 PM
“To be globally competitive, it is essential that entrepreneurship and innovation are encouraged. Unfortunately, many of our systems remain regressive and in some cases archaic when it comes to this. To begin with, simply starting a company can still take a month, and early stage domestic financing is non-existent. These barriers to entry must be brought down. Introducing tax incentives for investments in start-ups, and allowing new methods of fund raising such as crowd sourcing, are only some examples of changes that should be made.” “In recent years, the Minimum Alternative Tax (MAT) has increased considerably – from 7.5% to 18.5%. This has specifically impacted companies that operate within SEZ’s, and it’s important that it be brought down to a reasonable 10%.”
Posted By: Manikkam Chandigarh   |  Jun 27, 2014 06:38 PM
Students educational loan interest subsidy should be followed,..., And also Agricultural loan debts cancelled as like last govt did in 2009. Then, Oil & Gas, Renewable energy and power sectors should be given more funds.
Posted By: Manthan Mumbai   |  Feb 27, 2013 11:22 AM
Expect a good Budget with elections lined up in 2014
Posted By: Riyaz Mumbai   |  Feb 26, 2013 11:03 AM
There are hints of a passenger fare hike but freight fare is likely not to be touched.
Posted By: Riyaz Mumbai   |  Feb 26, 2013 10:44 AM
Posted By: solomon chennai   |  Feb 24, 2013 09:54 PM
where single earning member is the breadwinner,he/she is much at disadvantage compared to two or more earning members in the same family.substantial income tax rebate should be given in addition to the individual tax relief applicable to that person. some prime professions fetch money which never reflected anywhere and the person gives a meager amount in connivance with accounttants,which is a mockery of the taxation system while the salary class is ruthlessly fleeced year after year on different slabs of the regulated humble earnings.This needs to be rectified atleast now after 60 years of independance.Npthing can be more reasonable in providing equality ot all citizens.At present it is very obvious from the statistics what persontage of people participate in providing the nation of the required money,which is near to single digit, which also highlight the loop hole( or doorway to escape) in the taxation system . If this proper changes required is taken braving the expected opposion from different quarters is give a kick start for the nation building and in a big way

Janta's Reaction

Posted By: Riyaz Mumbai   |  Jul 10, 2014 05:34 PM
Maintaining the fiscal deficit target at 4.1% is a very bold step
Posted By: SHAISHAV PATEL AHMEDABAD   |  Mar 20, 2012 04:28 PM
Posted By: Kamal Chennai   |  Mar 17, 2012 11:58 AM
Change in Tax slab gives benefit for the ppl who are earning more than 8 lakh.
Posted By: Anjali Tawani Udaipur (raj.)   |  Mar 16, 2012 03:50 PM
govt. only know that how to hikes the prices in all sectors ,Ek aam aadmi nahi survive kar sakta,,,,,, janta jaagoooooo
Posted By: Singh is King Port Blair   |  Mar 16, 2012 01:16 PM
Bad budget. Tax limit increased only to 2 Lacs. Also service tax up by 2 percent. All prices will go up.
Posted By: M K Bhagat Bhopal   |  Mar 16, 2012 10:43 AM
It is easy to collect 100 rs from 100 person @ Rs. one each, instead of collecting Rs. 100 from one person @Rs. 100. The railway budget has increased the fare of AC and higer class where barely few people used to travel. per KM hike from 15 to 30 pc. rlw may get better revenue if general and sleeper clas also covered with hike only 5 pc per Km. sa the percentage of traveller is very high in economic class.
Posted By: himanshu joshi new delhi   |  Mar 15, 2012 08:55 AM
instead of charging excessive taxes on petrol, government should divert such taxes to those commodities which are generally used by upper middle class or upper class.
Posted By: Yash Indore   |  Mar 14, 2012 02:20 PM
Dont have too many expectations from the budget this year too..
Posted By: Guest Thane   |  Mar 13, 2012 05:48 PM
2011 budget was not upto mark for normal people
Posted By: shwetha raichur   |  Mar 07, 2011 01:25 PM
income tax exemption for womens