Finance Minister P Chidambaram, on Wednesday, hastened to allay the fears of the broking community whose sentiment was badly bruised following the slew of not too palatable budget announcements earlier in the day.
Even as Finance Minister P Chidambaram, on Wednesday, did not propose to hike the rate of Service Tax he proposed to widen the tax net by bringing more services under the tax purview.
The budget makes an allocation of Rs 6337.01 crore for AI in the new budget, up from Rs 490.84 crore of the current fiscal while IA gets Rs 2507.7 crore compared to Rs 350 crore.
The Union Budget 2007-08 has been very encouraging for the Textile Sector. Out of 30 parks sanctioned under the Scheme for Integrated Textile Parks (SITP) 26 parks have been approved so far.
The education department has decided to amend CET rules to make it mandatory that the father of a Horanadu Kannadiga candidate should have studied in the State. Most Deccan Herald readers agree that the norm betrays male chauvinism and a patriarchal mindset. But the rule also has backers who say the rule will ensure that there will be less number of Horanadu Kannadiga aspirants and thus more seats will be available for locals.
Thursday, March 1, 2007
