1.52 Lakh Vacancies in Railways to Be Filled up this Year
Posted Date : 26-Feb-2013 , 02:42:33 pm | Posted By CASANSAAR
The Minister of Railways Shri Pawan Kumar Bansal has announced that the Ministry of Railways will make concerted efforts to fill up approximately 1.52 lakh vacancies this year. While presenting Railways Budget for 2013-14 in Parliament today, he said that it is a measure of popularity of Railways as...
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67 New Express and 26 Passenger Trains to be Introduced
Posted Date : 26-Feb-2013 , 02:38:29 pm | Posted By CASANSAAR
The Minister of Railways Shri Pawan Kumar Bansal has announced the introduction of 67 new Express trains, 26 passenger trains, 5 MEMU services and 8 DEMU services while presenting the Railway Budget 2013-14 in Parliament today:-
Express trains
1. &...
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Educational Tourist Train ‘Azadi Express’ to be introduced
Posted Date : 26-Feb-2013 , 02:35:55 pm | Posted By CASANSAAR
The Minister of Railways Shri Pawan Kumar Bansal has said that he proposes to run an educational tourist train called ‘Azadi Express’ to enable youth of the country to travel to important places connected with the freedom movement. He said, the train will be made attractive and affordabl...
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Railway to Introduce Next Generation E-Ticketing System
Posted Date : 26-Feb-2013 , 02:34:56 pm | Posted By CASANSAAR
The Minister of Railways Shri Pawan Kumar Bansal has that his Ministry will put in place a Next Generation e-ticketing system to bring about a paradigm shift in internet rail ticketing. Presenting the Railway Budget for 2013-14 in Parliament today he said, the new system will significantly improve t...
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Railway budget 2013-14: Live Update
Posted Date : 26-Feb-2013 , 01:33:34 pm | Posted By CASANSAAR
With that, the Railway Minister has concluded his speech.
There will also be a marginal hike in reservation charges and cancellation charges.
Superfast charges and tatkal rates, though, will be hiked.
No passenger fare hike, the minister says, despite the rise in diesel price.
Bans...
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Rail Budget 2013-14 to be presented today
Posted Date : 26-Feb-2013 , 09:35:07 am | Posted By CASANSAAR
Union Railway Minister Pawan Kumar Bansal is set to present the Railway Budget 2013-14 in the Parliament on Tuesday amid expectations that several new trains and more passenger-friendly measures.
All eyes are on the Railway Minister as he presents his maiden Rail Budget as to whether...
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Rail Budget 2013-14 to be presented on Tuesday
Posted Date : 25-Feb-2013 , 08:36:51 am | Posted By CASANSAAR
Railway Budget 2013-14 will be presented in the Parliament by the Railway Minister Pawan Kumar Bansal on February 26, 2013, Tuesday.
This will be Bansal’s maiden Rail Budget and it is expected that he will announce the introduction of about 100 trains, including AC do...
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Akhilesh budget levies no new tax, gives boost to populist schemes
Posted Date : 20-Feb-2013 , 09:10:58 am | Posted By CASANSAAR
With an eye on the next Lok Sabha election — which Samajwadi Party (SP) president Mulayam Singh Yadav has already said may be held in September — Chief Minister Akhilesh Yadav substantially increased allocation for the populist schemes of his government in the state's...
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Budget 2013: Tax amendments you can expect in rent allowance, LTA & gift tax
Posted Date : 18-Feb-2013 , 07:30:09 pm | Posted By CASANSAAR
The government has been trying to make the tax laws simpler every year; however, there are numerous amendments required in the tax laws. The union budget for the FY 2013-14 will be presented before the Parliament on 28th February 2013 and the finance minister has promised many reforms expected to co...
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Budget 2013: USIBC for a fair transparent tax environment
Posted Date : 09-Feb-2013 , 04:44:03 pm | Posted By CASANSAAR
The US India Business Council has submitted to Union Finance Minister P Chidambaram a wish list of reforms in the taxation sector, which the industry body argues would create a fair and transparent tax environment. In its pre-budget memorandum submitter to the Union Finance ...
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Budget Session from Feb 21, Railway Budget on 26th & Union Budget on February 28
Posted Date : 01-Feb-2013 , 05:07:49 pm | Posted By CASANSAAR
The dates for the presentation of the Union Budget and the Railway Budget were announced on Friday. While the Union Budget will be presented on February 28, the Railway Budget will be present two days earlier on February 26.
The Budget session will last from February 21 ...
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Budget 2013 : Excise dept mulls appointing cost accountants for cost data
Posted Date : 31-Jan-2013 , 09:08:38 am | Posted By CASANSAAR
The excise department is mulling to appoint cost accountants for calculation of cost data for the auto sector. The development has left the auto industry worried, r
The auto industry has very little option at present. The auto sector is hoping that there is going to be a clarification...
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Next month's Budget will be responsible: Chidambaram
Posted Date : 29-Jan-2013 , 09:03:40 pm | Posted By CASANSAAR
Finance minister P Chidambaram on Tuesday held out an assurance that the Budget next month will be a "responsible" one as general elections are 15 months away.
Addressing global investors in London, on the fourth leg of his overseas roadshows that began last week, he told them that the gove...
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Budget 2013: Govt may introduce new tax slab for incomes above Rs 5cr
Posted Date : 26-Jan-2013 , 10:28:22 am | Posted By CASANSAAR
P.Chidambaram, Finance Minister said, "There is an argument that when the eco, the government requires more resources the very rich should willingly pay a little more". Among the options being considered are, one a surcharge on income tax above a significantly high threshold, two rejigging...
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Govt should consider higher taxes for 'very rich': Chidambaram
Posted Date : 24-Jan-2013 , 01:26:29 pm | Posted By CASANSAAR
Finance minister P Chidambaram, who has talked about a stable tax regime during his meetings with foreign investors in the last two days, has said that the argument for taxing the very rich "a little more" should be considered.
"I believe in stable tax rates. However, i must...
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Budget 2013: Govt mulls higher tax exemption on savings schemes & tax savers to wean away investors from gold
Posted Date : 24-Jan-2013 , 07:56:59 am | Posted By CASANSAAR
The finance ministry may tweak tax exemption rules in the upcoming budget to makeinvestments in financial products more attractive than gold, two government officials familiar with the development said.
The ministry is planning to raise the 80C exemption limit, under which 1 lakh is ...
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Cut lock-in period for tax saving deposits to 3yrs: Bankers
Posted Date : 07-Jan-2013 , 10:58:26 pm | Posted By CASANSAAR
Bankers demanded that lock-in period for tax saving deposits be brought down to three years from five years to channelise more funds into the banking sector. In a pre-budget consultation with Finance Minister P Chidambaram, bankers also sought permission to issue tax-free bonds like other financial ...
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UP Budget proposes unemployment allowance, laptops; no new tax
Posted Date : 01-Jun-2012 , 04:06:26 pm | Posted By CASANSAAR
Seeking to fulfil his party's election promises, Uttar Pradesh Chief Minister Akhilesh Yadav today made provisions for unemployment allowance, waving of farm loans and giving laptops to students in his maiden state Budget for 2012-2013.
Amidst walkout by BSP, Yadav presented the Budget sayi...
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Jewellers go on strike against duty hike on gold
Posted Date : 17-Mar-2012 , 10:04:49 am | Posted By CASANSAAR
Jewellers across the country will stay closed for three days from Saturday, to protest against the hike in excise duty on gold announced by union finance minister Pranab Mukherjee. The more than 5000 jewellers in Gujarat, including around 1,000 in Ahmedabad, will stay closed along with nearly 5 la...
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Budget at a Glance (Complete Budget)
Posted Date : 16-Mar-2012 , 06:28:28 pm | Posted By CASANSAAR
Budget at a Glance [EXCEL]
Receipts [EXCEL]
Expenditure [EXCEL]
Central Plan Outlay [EXCEL]
Central Plan Outlay by Sectors...
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Union Budget 2012-13 Summary
Posted Date : 16-Mar-2012 , 02:57:57 pm | Posted By CASANSAAR
GENERAL BUDGET 2012-13
BUDGET IDENTIFIES FIVE OBJECTIVES RELATING TO GROWTH, INVESTMENT, SUPPLY BOTTLENECKS,
GOVERNANCE, AND REMOVING MALNUTRITION
AMENDMENT TO FRBM ACT INTRODUCED AS PART OF FINANCE BILL
...
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Budget Highlights - Live updates on Union Budget 2012
Posted Date : 16-Mar-2012 , 09:34:47 am | Posted By CASANSAAR
Government services and public transport exempted from services tax
Compulsory reporting of assets sold abroad
Eating out in restaurants to cost more
Excise duty on big cars raised to 24%
Luxury items to cost more
Air travel to get expensive
Big cars to get dearer
Cuts securities transactio...
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Budget 2012: EPF rate cut from 9.5% to 8.25% for 2011-12
Posted Date : 16-Mar-2012 , 09:14:18 am | Posted By CASANSAAR
Government has slashed interest rate on deposits in Employees Provident Fund from 9.5% to 8.25% for 2011-12 affecting over 4.7 crore subscribers.
This cut was proposed by the Finance Ministry and a notification was issued by the Labour Ministry, official sources said.
The Employees' Provident Fu...
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Railway Budget 2012: Dinesh Trivedi resigns; TMC recommends Mukul Roy as new railway minister
Posted Date : 15-Mar-2012 , 08:23:58 am | Posted By CASANSAAR
Railway Minister Dinesh Trivedi sent his resignation letter to Prime Minister Manmohan Singh in the wee hours of Thursday, according to sources. Trivedi offered resignation after his own party, the Trinamool Congress, termed across-the-board passenger fare hikes as a "hostile act". Late Wednesda...
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Railway budget 2012-13
Posted Date : 14-Mar-2012 , 04:05:23 pm | Posted By CASANSAAR
The Railway Budget has been presented in the Parliament today. No increase in freight rates, moderate hike in passenger fare, introduction of 75 new express trains, construction of new lines in the underdeveloped parts of the country, modernisation of railways, a new body to ensure passenger sa...
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Railway Budget 2012-13 (Highlights)
Posted Date : 14-Mar-2012 , 01:30:55 pm | Posted By CASANSAAR
Introduction of satellite based real time train information system (SIMRAN) to provide train running information to passengers through SMS, internet, etc.
Passenger fares increased marginally. The increase will be by 2 paise per km for suburban and ordinary second class; 3 paise per km for ...
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Rail Budget 2012 to be presented today, travel may get costly
Posted Date : 14-Mar-2012 , 08:14:05 am | Posted By CASANSAAR
It's the D-day and all eyes will be on Union Minister Dinesh Trivedi who will present the Railway Budget 2012 in Parliament. Sources say that the government is likely to impose a safety cess, although it will not be labelled a fare hike. Sources add that there is a possibility of an addition...
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Budget 2012: Direct Tax Code: Par panel report on DTC tabled in LS
Posted Date : 14-Mar-2012 , 07:57:39 am | Posted By CASANSAAR
The Parliamentary panel on Direct Taxes Code in its report tabled in Lok Sabha today has suggested raising the income tax exemption limit to Rs 3 lakh. The report of Standing Committee on Finance, which scrutinised the Direct Taxes Code (DTC) Bill, will pave the way for discussions and adoption of...
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Budget 2012: Parliamentary panel recommends hiking income tax exemption limit to Rs 3 lakh
Posted Date : 03-Mar-2012 , 08:42:12 am | Posted By CASANSAAR
The Parliamentary standing committee on finance has recommended an increase in basic tax exemption limit to Rs 3 lakh and another Rs 3.20 lakh rebate for eligible investments and spending in its report on the direct taxes code, or DTC. The panel is not for any relief for corporate tax pa...
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Budget 2012: Finance Ministry asks financial advisors to stay in Delhi till Budget
Posted Date : 28-Feb-2012 , 07:58:47 am | Posted By CASANSAAR
As countdown begins for the Budget 2012-13, the Finance Ministry asked all the financial advisors to stay in Delhi till its presentation by Finance Minister Pranab Mukherjee on March 16. "In view of the fact that the Union Budget for 2012-13 is to be presented on March 16, 2012, the financia...
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