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Highlights
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COMPANIES
Budget 2005-06:Corporate tax rate slashed to 30 per cent
Budget 2005-06: India Inc. to save Rs.9,200 crore from duty cuts
GENERAL
PM: Union Budget is 'outstanding'
Budget 2005-06: Major tax reforms unveiled
Budget 2005-06: Thrust on rural regeneration
Budget 2005-06: Cash withdrawals of Rs10,000 to be taxed
Budget 2005-06: SPV to finance infrastructure projects
Budget 2005-06: Customs and excise duties slashed
Budget 2005-06: Mid-day meal allocations boosted
Budget 2005-06: Fiscal Deficit to come down marginally
Budget 2005-06: Defence Budget hiked to Rs83,000 crore
BANKING AND FINANCE
Money markets: Rupee closes higher - G-Secs weaken
RBI roadmap: Foreign banks can convert local branches into subsidiary
Budget 2005-06: Legislative changes for Banking sector
Budget 2005-06: Banks to issue preferential shares
Budget 2005-06: Mumbai to become regional hub for finance
Budget 2005-06: Market borrowings to go up 42 per cent
MARKETS
Markets: With a 144 gun salute closes at highest ever
Budget 2005-06: FIIs can submit collaterals for derivatives
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domain - B : Indian business : News Review : 01 March 2005 : index
