Two things,
1.You dont have to spend too much money to get good sound, That is a myth that everything costly is good, Just buy what you like.
2. Since you call yourself NEW-Bee, I really doubt anyone is a new-bee as far as music is concerned, since anyone with proper hearing would have listen to things from live Lullaby to live shows from birth itself .
And are there anyone who are too much experienced?, Experience means you are hearing it for a long time right?, Naturally human ear cannot be trusted after say about 35 Years. It starts failing slowly, The more older one becomes, The worse it gets, Have you heard most of those older people (Including this 45 yr old here) , saying the newer systems don't sound as good as older ones? They are right, Evn if you give the best sounding Processor and speakers to an 80 year old, He/She is sure to say, "Hey my HMV TT sounded better than this in the 1930s", Dont be surprised, HE/SHE heard all those frequencies better in their 20s and 30s, ie all,
SO buy what you think you like, Opinions wont supplement your taste.
Now to the task at hand, As for suggestion try this shop at Hyderabad first and take an autition of these
USK ELECTRONICS
BABUKHAN MALL, SOMAJIGUDA CIRCLE, BEGUMPET
HYDERABAD - ANDHRA PRADESH
Well these guys are YAMAHA dealers
SUggestion for AMP, I would say try this first, It can easily work as your 2-Channel stereo and 5.1 or whatever if required, at the press of a button, Also there is an AM/FM receiver built in and works, Just in case, ENough inputs too, What is missing is a Phono pre-amp, Well Pioneer has one TT with built in pre , if you want one.
RX-V371 / HTR- 3064 - AV Receivers/Amplifiers - Yamaha - India
As for speakers
try these with the above rec
NS-F150 - Home Speaker Systems - Yamaha - India
And add this SUB if possible, Just check them, It should all be around your budget, I have heard this combo, Sounds good to me, And since service is at hand , This should be safer than imported only stuff
http://in.yamaha.com/en/products/audio-visual/speaker-systems/subwoofers/yst-fsw150__g/?mode=model
Just check and remember , It is your ears not mine,, SO take this only as a suggestion