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Now, FM looks at home loan rates
"I shall certainly bear in mind that there is public demand that interest rates for those who borrow housing loans up to Rs 20 lakh must be lowered," the finance minister said during his post-Budget interaction with the Associated Chamber of Commerce and Industry (Assocham).
2008-03-06 22:17:49

India's 2008 Budget: Few Incentives for Global Investors, but a Windfall for Farmers
Budget 2008 does little to encourage foreign investment -- possibly because these investments have been pouring into India.
2008-03-06 22:16:58

Drawing the contours of goods and services
The Budget has briefly touched upon the constitutional issue of defining goods and services. By imposing service tax on customised software, the FM made it unambiguous that customisation of software is a service, rather than customised software, goods.
2008-03-05 03:40:12

The political economy of Budget
Finance minister P Chidambaram�s fifth budget stumped the chattering classes, mostly with incomes of well over Rs 10 lakh a year. The Rs 10-lakh income threshold is relevant because there are less than 300,000 people in India showing a taxable income of Rs 10 lakh and above. But they exercise disproportionate influence on policy.
2008-03-02 23:24:23

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