Fwd: Today's Exclusives - Budget measures will leave small investors cold

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From: Moneylife <noreply@moneylife.in>
Date: Fri, Mar 16, 2012 at 7:36 PM
Subject: Today's Exclusives - Budget measures will leave small investors cold
To: palashbiswaskl@gmail.com

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16 March 2012   Moneylife Exclusive Budget measures will leave small investors cold Debashis Basu & Aditya Govindaraj The Union Budget 2012 has tried to attract small investors into the stock market leaving mutual funds in a mess. It shows knee jerk reaction, no understanding of ground reality and policy confusion... .................................................................................................................................................... Budget 2012 and the Vodafone ruling: FM travels back in time to undo ruling Soma Bagaria The proposed amendment to Section 9 is travel back in time machine, and travel wide to the world at large, and catch all transactions all over the world over last 50 years! Hats off to the imaginative and ambitious person who has drafted the clause!     Other ML Exclusives   Budget 2012: Cars, gold jewellery, AC to cost more while LED, mobile, tyres to become cheaper Gold jewellery, diamonds, pan masala, cigarettes, cement, air travel, phone bills, refrigerators, air conditioners, courier services set to become costlier while LED-LCD TVs, mobiles, solar lamps, natural gas, LNG, tyres, cycle, salt, match box and cinema tickets are going to cost less from April... .................................................................................................................................................... No service tax on leasing and hire purchase The Union Budget 2012 has introduced universal service tax. All services other than those that are negative-listed are liable to service tax. However, as the transfer of right to use is completely taken out from the purview of service tax, operating lease, financial lease as well as hire purchase, are completely out of service tax... .................................................................................................................................................... Daily Market Report: Share prices headed lower A sharp decline on budget disappointment has put the bulls on the back-foot... .................................................................................................................................................... Road completion target fell 83% short, yet FM increases it to 8,800km for FY12-13 Dampeners like policy paralysis, difficulty in environment clearance, and achieving financial closure had impacted execution of projects and yet the government has increased its target for road completion... .................................................................................................................................................... Budget 2012 fails to help realtors, customers Budget 2012-13 has come as a disappointment to most people. Neither customers, nor real estate developers happy about the finance minister's offerings... .................................................................................................................................................... Hike in service tax, excise duty to put additional burden on aam aadmi On one hand the finance minister doled out minor income tax benefits but on the other hand he put additional burden of 20% hike in service tax and excise duty on the common man... .................................................................................................................................................... Sorting out supply delays with irate customers The hanky-panky practice of getting the B/L issued without the goods actually on board had somehow come into practice, with disastrous consequences. However, issues get sorted out before the writer meets angry customers in Saudi Arabia. This is the eighth part of the series describing the unknown triumphs and travails of doing international business in Asia in the seventies... .................................................................................................................................................... Diabetic supplies: Drawing blood Are pharma companies who service diabetics making super profits? .................................................................................................................................................... Modern Medicine: Healthcare vs medical care "Come forth into the light of things, Let Nature be your teacher" — William Wordsworth... .................................................................................................................................................... Less is more: Cut out the noise Wielding too much information might actually impair our ability to beat the markets over the long term... ....................................................................................................................................................       Personal finance today - Canara Robeco MF launches gold exchange traded fund - RBI tightens screws on non-operative NBFCs     At a Glance   - Sachin Tendulkar creates history with 100th century - Govt aims to raise Rs40,000 crore through spectrum auction - Luxury cars to become dearer by up to Rs3 lakh - Govt proposes taxing Vodafone-like deals retrospectively - Budget effect: Maruti, Honda, M&M to hike prices     Corporate Wrap-up   - Ashoka Buildcon arm executes concession agreement for NHAI project - Liberty Phosphate to expand capacity to 9,24,000 MT - Puravankara projects launch 'Purva Seasons' in Bengaluru     FROM the ARCHIVES   Will IRDA's move on orphan policies really help customers? IRDA should look at it from not just revival of lapsed policies, but from customer service angle... ...................................................................................................................................................... Budget 2012: The last great hope This budget cannot propel India to the next level of growth. So, if the budget is veneered with bold statements of apparent intent, ignore them. Political compulsions will prevent any major changes...   To subscribe to this free newsletter log on to www.moneylife.in or email us at newsletter@moneylife.in To get FREE updates via sms click here.

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