Budget disappointing, says tax expert

October 9th, 2009 California controller warns of bigger deficitSACRAMENTO, Calif. — California's state controller is warning that disappointing tax receipts will push the state into a bigger budget deficit than expected.

September 8th, 2009 Obama space panel says moon return plan is a no-goWASHINGTON — A White House panel of independent space experts says NASA's return-to-the-moon plan just won't fly. The problem is money.

August 21st, 2009 KOLKATA - The expert committee, set up by Railways Minister Mamata Banerjee to explore ways to promote partnership between the railways and industries, will submit its initial report next week, committee chairman Amit Mitra said here Friday. "The opportunities that are there in the form of low hanging fruits have been identified (in the report)," Mitra, also the secretary-general of the Federation of Indian Chamber of Commerce and Industry (FICCI), said during an interactive session between Banerjee and industrialists.

July 6th, 2009 NEW DELHI - Parliamentarians seem to be turning increasingly apathetic to the general budget, which touches upon the lives of a large number of people, if the number of hours they spent on debating its proposal is any indication. A study by the PRS Legislative Research, a voluntary body dedicated to parliamentary research, of the trends over last 25 years reveals that the hours MPs spend deliberating on budget provisions are reducing with every year.

July 6th, 2009 NEW DELHI - India's fiscal budget has risen from Rs.193 crores to over Rs.10 lakh crores in the 63 years since independence of the country in 1947, Finance Minister Pranab Mukherjee said while presenting the budget for 2009-10 in the Lok Sabha Monday. "Madam speaker, I am happy to announce that for the first time, the budget estimates have crossed Rs.10 lakh crores.

July 6th, 2009 BHOPAL - Describing the union budget as anti-farmer and disappointing for the common man, Madhya Pradesh Chief Minister Shivraj Singh Chouhan Monday said the central government has not shown sincere intention to curb rising prices and counter economic slowdown. "This budget is going to compound the problems of the common man who is already facing the brunt of economic slowdown," Chouhan said in a statement.

July 6th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee on Monday said that the Government will set up an expert group to advice on a viable and sustainable system of pricing petroleum products. Presenting the budget for 2009-10, Mukherjee said, "It is important to recognize that with almost three quarters of our oil consumption met through imports, domestic prices of petrol and diesel have to be broadly in sync with global prices of these items." The Minister further added that the details about this expert group would be announced by Minister for Petroleum and Natural Gas Murli Deora.

July 6th, 2009 NEW DELHI - Union Finance Minister Pranab Mukherjee will present the first general budget at 11am today in Lok Sabha. This is the first general budget of the UPA government after coming to power for second term.

July 3rd, 2009 SHIMLA - Himachal Pradesh Chief Minister Prem Kumar Dhumal Friday said that it was not fair on the part of the central government to ignore the interests of the people of the hill state in the railway budget. "It's unfortunate on the part of the central government to ignore the interests of the hill state in the railway budget," he said in an official statement.

July 3rd, 2009 BHUBANESWAR - Orissa Chief Minister Naveen Patnaik termed the union railway budget presented by Railways Minister Mamata Banerjee in the Lok Sabha Friday as "disappointing". I am disappointed to find that funds for some railway projects have been reduced considerably from last year for Orissa.

July 3rd, 2009 RAIPUR - Chhattisgarh Chief Minister Raman Singh has said the rail budget for the current fiscal presented in parliament Friday is "disappointing" as it offered nothing but three new trains to the mineral rich state. Durg-Jaipur, Bilaspur-Hyderabad and Ambikapur-Jabalpur are the three new trains the state has got in the budget presented by Railways Minister Mamata Banerjee.

July 3rd, 2009 NEW DELHI - Railway Minister Mamata Banerjee arrived in parliament house Friday morning to present her ministry's budget for this fiscal, promising to address the demands of the average passenger. "My budget will be of the people, by the people and for the people," Banerjee told reporters before leaving for parliament house to present the railway budget in Lok Sabha, the lower house.

February 15th, 2009 THIRUVANANTHAPURAM - The first reactions from Kerala to the interim budget presented in Parliament Monday by Minister for External Affairs Pranab Mukherjee have been those of disappointment. Mukherjee, presenting the interim budget on behalf of Prime Minister Manmohan Singh who is recovering from heart bypass surgery, said additional steps would have to be considered in the regular budget to be presented by the next government, after the ensuing general elections in a month or two.

February 12th, 2009 BHOPAL - The interim railway budget presented Friday is disappointing for Madhya Pradesh, Chief Minister Shivraj Singh Chouhan said. 'The proposals like plying a daily Habibganj-Kurla train, running daily train between Bhopal and Lucknow, making the Puri-Jaipur Express bi-weekly, extending the Shatabdi to Indore, starting a third Bina-Itarsi line and adding a coach from Bhopal to the Jabalpur Mumbai-Garib Rath have not been implemented,' he said in a statement.

February 12th, 2009 RAIPUR - The interim railway budget presented Friday by Railways Minister Lalu Prasad has let down expectations of Chhattisgarh despite the fact that the state generates high revenue for the railways, Chief minister Raman Singh said here. 'The interim rail budget is disappointing, it has let down expectations of millions of people of Chhattisgarh,' said Singh in his reaction to the interim budget.