at the very Core of it all … is Content!
“The Finance Minister must be complemented for presenting a responsible and a harmless budget by not falling in the trap of short term populist measures in a pre-election year. The budget also expresses an intent to encourage growth and investment.”
Nuremberg, February 28, 2013 – The overall Technical Consumer Goods (TCG) market in Western Europe achieved a sales volume of €56.3 billion in Q4 2012. This corresponds to an increase of 1 percent compared to the previous year. According to GfK TEMAX® Western Europe, with sales of €190.7 billion in 2012, the total year showed …
The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has released the estimates of Gross Domestic Product (GDP) for the third quarter (October-December) Q3 of 2012-13, both at constant (2004-05) and current prices, alongwith the corresponding quarterly estimates of Expenditure components of the GDP. The details of the estimates are presented below. I ESTIMATES OF …
The Eight core industries have a combined weight of 37.90 per cent in the Index of Industrial Production (IIP). The combined Index was 158.7 in January 2013 with a growth rate of 3.9% compared to their 2.2% growth in January 2012. The low growth in January, 2013 was on account of negative growth witnessed in the production …
Q. Mr. Prime Minister, what are your first thoughts on the budget? PM: Given the challenges facing our economy, the Finance Minister has done a commendable job. India needs to create jobs for our growing labour force to the extent of about 10 million persons every year. To do that, we need to accelerate the tempo of …
Kishor Pate, CMD – Amit Enterprises Housing Ltd: It was not an impressive budget, especially for real estate. While the additional income tax deduction of Rs.1 lakh for home loans up to Rs. 25 lakh taken by first-time home buyers is positive, the fact is that it will not benefit the growing middle-class who are …
While presenting the Budget for 2013-14 , the Finance Minister , Shri P. Chidambaram Said that the growth rate of an economy is correlated with the investment rate. The key to restart the growth engine is to attract more investment, both from domestic investors and foreign investors. He said that efforts will be made to …
The General Budget reiterates that clarity in tax laws, a stable tax regime, a non-adversarial tax administration, a fair mechanism for dispute resolution and independent judiciary for greater assurance is underlying theme of tax proposals. It is proposed to set up the Tax Administration Reforms Commission. As regards Direct Taxes, a relief of Rs. 2000 …
We did not expect this budget to be a game-changer. The realities of the Indian economic situation need to viewed in context with the factors that drive it, not least of all the global economic situation. There is no escaping the fact that the business which comes to India from the European Union and the …
The Finance Minister Shri P.Chidambaram has taken steps in the budget to ensure adequate capitalization of the public sector banks. The Public sector banks will be provided with an infusion of Rs 14,000 crore additional capital in 2013-14 budget estimates to enable them to meet the BASELIII norms.He said Rs 12,517 crore infusion of capital …