Finance minister Pranab Mukherjee on Monday proposed to enhance the income tax exemption limit to Rs 1.8 lakh for the next financial year, from Rs 1.6 lakh now.

In a boost to the housing sector, finance minister Pranab Mukherjee on Monday said low-cost housing loans of Rs.15 lakh would be eligible to get an interest subsidy of one per cent.

New Delhi: Finance Minister Pranab Mukherjee believes three is his lucky number. In the 2011-12 budget he presented on Monday, for all new initiatives the money allocated started with the figure three

Indian equities markets rose after some positive news on Monday in the general budget being presented by finance minister Pranab Mukherjee.

New Delhi: Promising more money in the hands of households by hiking the income tax exemption limit and lowering tax surcharge for corporates, Finance Minister Pranab Mukherjee Monday presented the ge

New Delhi: Highlights of the budget for 2011-12 presented by Finance Minister Pranab Mukherjee in the Lok Sabha on Monday:

Expenditure in 2011-12 estimated at Rs.12,57,729 crore, an increase of 13.4

Prime Minister Manmohan Singh on Monday said finance minister Pranab Mukherjee has "done a good job" by presenting a growth-oriented and inclusive Budget.

Indian music maestro A.R. Rahman lost the Oscar for best original score to composer duo Trent Rezmor and Atticus Ross who won it for The Social Network at the 83rd Annual Academy Awards here.

India on Monday steeply hiked its defence Budget by 11 per cent, pegging the 2011-12 allocation at Rs164,415 crore (nearly $36 billion), to fuel the rapid modernisation of the Army, Navy and the Air F

Los Angeles: India-born film editor Tariq Anwar, nominated for the Oscar in the best editing category for 'The King's Speech', lost out to Angus Wall and Kirk Baxter who won it for 'The Social Network