Buyers: Source Products | Suppliers: List your Company

Indian Industry » Trade Information » Trade Articles » Budget 2008-09

Trade Articles

Budget 2008-09

The Union Budget 2008-09 was announced in the parliament on 29th February 2008 by finance minister Mr. P Chidambaram. This year budget evokes mixed response in industrial arena. Where it is welcome by automobile sector and pharma industry, it slightly falls below the expectation mark of small sector industries. To find out how budget 2008 will affect your trading activities, click on the following articles and abreast with the handy information.

Backdrop in Import Duty of Edible Oil

After China, India is the world's biggest buyer of vegetable oil. This statement got proved with the per cent rise in the import of oil, which rose to 46% in january from a year ago to 457,601 ton. The country's meet half of its edible oil requirements through ...

more...

Booster Shot for Oil & Gas Industry in Budget 2008-09

In the budget 2008-09, Mr. P Chidambaram has set aside Rs. 380 crore for oil and gas exploration. In spite of the high demand of curtailing down service tax on exploration services, the 2008-09 Union Budget continues to apply services tax on exploration ...

more...

Magnifying the India's Power Sector in Budget 2008-09

The power industry in the India has to witness the peak power shortages, where demand of the electricity is far more exceeding than the supply. The difference between the two is estimated to be nearly 7% and 12% in terms of total and peak requirements. For bridging the gap between ...

more...

Small Industries buoyant on Chidambaram's Budget 2008-09

The slow growth rate of small scale enterprises has received some impetus from the finance minister Mr. P Chidambaram, when he read out its second union budget in parliament. The finance minister Mr. P Chidambaram reiterate in providing their government support towards the development of ...

more...

Riding high on Budget 2008-09

The Union Budget 2008 could be considered as comforting for both automobile industry and consumers. Finance Minister Mr. P Chidambaram sprang a welcome note by giving away much awaited excise concessions to the fastest growing ...

more...

Tax Relief Pills for Pharma Fraternity

Pharmaceutical companies were harboring huge expectations from finance minister Mr. P Chidambaram. The budget seems to lay strong foundation in sustaining economic growth and particularly focusing on boosting health care sector by extended tax benefits towards india's fastest growing sector. The budget is welcomed by the ...

more...

Bookmark This Page

Recommend to Friend