Common man’s expectations from budget 2014-15
In its recently-released financial report for FY 14, bigwig engineering firm Larsen & Toubro (L&T) has posted earnings figures which have surpassed estimates; and has also set healthy growth targets for FY15. The healthy growth targets which L&T has set for 2014-15 underscore an optimistic outlook projected by the company because of the hope that [...] Continue Reading »
On Friday, Rs 4,240 crore FY 2014-15 Budget was approved by Maharashtra Chief Minister Prithviraj Chavan, for the Mumbai Metropolitan Region Development Authority (MMRDA). The allocation of the mentioned FY 2014-15 Budget amount for the MMRDA is an evident indication of the fact that the metro rail, mono rail and flyovers for the Mumbai metropolitan [...] Continue Reading »
Indians have a saving mentality and household incomes saved in banks and post offices give those institutions an opportunity to invest those amounts in other profit making instruments. Hence if the tax exemption limit is increased to 2 lakhs which is double compared to the existing limit, then it will give a boost to household [...] Continue Reading »
