Budget 2011: other media coverage -21 February 2011

Budget 2011: other media coverage -21 February 2011


Excise hike of 2 pc likely in Budget 2011: SMC

The government is likely to increase excise duty by 2 per cent in sectors like FMCG and automobiles, as well as raise service tax, in the forthcoming Budget to reduce the fiscal deficit, a report said. (Read complete story)

The Economic Times

Budget 2011: Auto companies worry over levy on diesel vehicles

Automobile companies are keeping their fingers crossed over the possibility of the government introducing differential taxation for diesel vehicles in this Budget, as recommended by the Kirit Parikh Committee report. (Read complete story)

Budget 2011: Govt may hike gold import duty

Record demand for gold despite high prices may increase the odds that the government will raise import duty on the metal in the forthcoming budget, a top official from industry body World Gold Council said. (Read complete story)

Budget 2011: Address macroeconomic issues to sustain eco growth, says Assocham

The government should address macroeconomic issues like high fiscal deficit and rising inflation in the forthcoming Budget for sustainable growth of economy, a survey by industry body Assocham said. (Read complete story)

Investors pin hopes on budget 2011

Come February, the attention is on the most crucial document, Budget. (Read complete story)

Budget 2011: Overseas investors seek more clarity in Indian tax laws says Deloitte

Foreign investors are looking forward to more clarity in taxation laws in India, which is "a very attractive investment destination", according to tax experts at Deloitte. (Read complete story)

What investors expect from the Union Budget 2011

After the steep fall in the indices last month, stock markets are looking forward to the forthcoming Union Budget as an event that could fix some of their troubles. (Read complete story)

The Business Standard

Budget ’11: Opportunity to accelerate GST reform

This article examines what Budget 2011 could have in store for the proposed dual GST and also the Constitution (115th) Amendment Bill 2011, which is a significant initiative pertaining to the GST (Read complete story)

Hindustan Times

Budget session of parliament begins today; JPC on the cards

In a decision aimed to ensure smooth functioning of the budget session of Parliament beginning on Monday, the government is all set to announce a joint parliamentary committee (JPC) to probe the 2G spectrum scam on Tuesday. (Read complete story)

The Indian Express

FM to exit from stimulus, 2 pct hike in excise likely

Finance Minister Pranab Mukherjee’s Budget for 2011-12 may mark a complete exit from the fiscal stimulus provided in 2008-09 with a two per cent increase in indirect tax rates while the support to states is kept, at best, at existing levels. (Read complete story)