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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IndiaInfoline arrow Budget arrow Industry Reactions

Reduction in corporate tax was awaited: Blue Dart Express

India Infoline News Service / 10:25 AM , Mar 03, 2011

“The budget has given both the common man and industry something to cheer and demonstrated the government’s focus on driving sustainable inclusive growth. We are happy to note that significant progress is under way towards introduction of GST and that the constitutional amendment bill would be placed before the Parliament in the current session itself.  


Though the Finance Minister has not given any definite date for the GST roll out, we are optimistic and look forward for its introduction in FY 2012-13. Leaving service tax and central excise duty rates unchanged is a step in the right direction, given the inflationary pressures.


On the flip side, given the current economic outlook and high lending rates, the industry was looking forward to a reduction in corporate tax to enable it to make some big ticket investments. However, this was ignored by the government in this budget. Overall the budget is welcome news for many despite certain challenges that need to be looked at.”


The Author is Anil Khanna, Managing Director, Blue Dart Express Ltd

Janta's Reaction

Posted By: SHAISHAV PATEL AHMEDABAD   |  Mar 20, 2012 04:28 PM
... WE WANT INFLATION RATE LESS,.... AGAR AISE HI RATE BADHTA RAHA TO HOW CAN A COMMON MAN CAN SURVIVE??? MEHGHAI KUM HONI CHAHIYE,,,, REGULAR USING ITEMS K RATE BHI KUM HONE CHAHIYE......... TOHI COUNTRY GROW KAREGA
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
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
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