Union budget


CHANDIGARH - The Punjab government Monday announced relaxation to the state residents in paying pending house tax, and water supply and sewerage charges.

HYDERABAD - The information technology (IT) sector is disappointed at Finance Minister Pranab Mukherjee's union budget for 2011-12 for not extending tax incentives and hiking the Minimum Alternate Tax (MAT).

NEW DELHI - Union Finance Minister Pranab Mukherjee today said that the Union Budget is a transition towards a more transparent and result oriented economic management system in India.

NEW DELHI - The government has decided to withdraw excise duty exemptions from 130 items, mostly consumer goods, with a view to align the taxation system with the proposed goods and services tax (GST), Finance Minister Pranab Mukherjee said Monday.
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