rediff.com Budget 2000 coverage: Finance



March 7, 2000	HOME \| BUSINESS \| BUDGET 2000-2001

A Rediff Special Channel

- THE REDIFF JURY
- BUDGET SPEECH
- D&B BUDGET SPECIAL
- BUDGET & POLITICS
- COLUMNISTS
- INTERVIEWS
- INDUSTRY
- ECONOMIC SURVEY
- RAILWAY BUDGET
- EXIM POLICY
- GOVT & ECONOMY

- BUDGET: RUN-UP
- BUDGET HOTLINKS
- BUDGET PROCESS

- BUDGET 99-00
- BUDGET 98-99
- BUDGET 97-98

- ARCHIVES
- NEWSLINKS
- BUY BUDGET 2000

Finance

Central VAT to replace MODVAT
The FM said CENVAT would provide long-term stability, remove uncertainty in the minds of industry and eliminate disputes of classification.

Budget and mutual funds
Budget 2000 has far-reaching implications for mutual funds. Dhirendra Kumar takes a closer look at the key changes.

Taxes: A ready reckoner
What to be happy about: Cellphones, computers, photographic equipment,electronic goods will be cheaper. What to be sad about: Surcharge on income tax has not dropped and has gone up in the highest bracket.

Govt to shed holdings in nationalised banks
This, however, will be done without changing the public sector character of the banks by ensuring that the shares sold are widely held by the public.

'Budget attempts to please govt employees at all costs. Are they holy cows?
"Our government wants to fill up potholed roads by taking away 20% of the profit of software firms whose fortunes are linked not to the Indian economy but that of the US," says Prof R Vaidyanathan of the Indian Institute of Management, Bangalore.

Flashback: Unkept promises litter Sinha's Budget 1999
The target for divestment was Rs 100 billion. But how much of the government stake in PSUs has Sinha divested? Less than Rs 20 billion!

Budget 2000 Live! | Dun & Bradstreet Budget Special | The Run-up
Budget Process | Budget Hotlinks | NDA Government & Economy
Official Web site of the Ministry of Finance: Budget 2000 document
Ministry of Finance: Economic Survey 1999-2000

Tell us what you think of this budget coverage