Budget 2013 News - Page 4
Budget disappointing, say parties in Lok Sabha
Sumitra Mahajan (BJP) said there was nothing much in the budget and suggested that the assurance of setting up of a omen's bank was more of a gimmick.
Rail minister hints at another hike in booking, cancellation surcharge
"ticket bookings are open for 120 days and these agents buy the tickets in bulk and sell them for 119 days and return the unsold ones on the last day. These charges will have to be increased gradually to tackle this menace
Why India Inc should feel confident after Union Budget 2013
The Finance Minister has redeemed the task of delivering a growth oriented Budget without saddling the aam-aadmi with huge tax burden. This Budget should instill confidence back on India Inc.
Chidambaram's Google Hangout: Why does he think we are all fools?
Chidambaram may be the best reformer we have in the UPA, but surely some greater humility and honesty would be in order even from him?
Budget 2013 only to please investors? numbers suggest so
Even though the government's spending binge continues, revenues are enough to meet only 67 percent of its expenses. This implies that the government has to borrow more to finance spending, resulting in a debt trap
Budget 2013 math is going out of the window already
The subsidy bill is beginning to look very suspicious. The fertiliser minister has already said this year's subsidies are out of alignment with requirements
It's all about luck: Chidu budget no better than Pranab's
Comparing apples to apples, Chidambaram's budget is no better than Pranab Mukherjee's but he got kudos unlike Pranab-da. Luck is on the former's side
Govt says FY14 gross borrowing will be at Rs 5.79 lakh cr
The government today said it has pegged its gross borrowing for 2013-14 at Rs 5.79 lakh crore.
Now Indians will have to work even harder for a smoke
We look at who has to work hardest to earn enough money for a cigarette.
Has ambition got the better of Reformer Chidambaram?
The budget does not do any credit to the reformist credentials of Chidambaram, the one person in UPA with free-market beliefs.
Rural schemes: re-bundling is good, but not good enough
If the intended beneficiary is the farmer, why shouldn't a single department be set up and all programmes bundled into one?<br /><br />
It's not just tax treaties: Why foreigners aren't impressed with Budget 2013
The point is very basic. We don't earn all the money that we want to spend. There is also very little acknowledgement of the mistakes that have made by the government over the past few years.
Growth budget? The momentum is still southwards
The growth downtrend has not been reversed in Q3. Will Q4 be any better?
India needs patience, fiscal prudence not surprises: Chidambaram
Given the constraints of the economy, the Budget did not want to surprise markets by spooking investors or burdening a certain class of society, said Chidambaram
Budget 2013: How Chidambaram 'wasted' the crisis
Chidambaram had a chance to burnish his credentials as a reformist-minded Finance Minister. He has instead opted uncharacteristically to tiptoe around the edges, and rely on questionable arithmetic to claim that he is advancing fiscal consolidation.
Budget 2013: Why investors aren't buying FM's 'balancing act'
Foreign investors are disappointed by the lack of dynamism in Budget 2013, and are worried that the assumptions underlying key macroeconomic projections may not be realised.
Why Union Budget 2013 growth numbers look a bit shaky
The budget will not do much to turn around either savings or investment, but it does balance the priorities fairly
Union budget 2013: Chidu woos Nitish and boos Modi
Displaying sharp political acumen, the finance minister wooed Bihar Chief Minister Nitish Kumar eloquently.<br /><br /> <br /><br />
Budget 2013: Govt expects lower revenue from spectrum sale
Government expects a lower revenue of Rs 19,440.67 crore from spectrum sale and other related charges in 2012-13, against Rs 58,217 crore estimated in the budget for 2012-13.
Budget 2013: Plenty of food for every ministry to chew upon, says PM
The prime minister said that he would be comfortable if the Current Account Deficit is 2.5 to 3 percent of GDP.<br /><br />
Budget 2013: Agriculture gets 22% more fund, Rs 1,000 cr for east India
Budgetary allocations were also made to a pilot programme on Nutri-Farms for introducing new crop varieties.
Budget 2013: Govt to form regulatory authority for road sector
Chidambaram said that there was also the need to explore alternative transportation methods available in the country like the National Waterways.
Budget 2013: 10% surcharge on taxable income exceeding Rs 1 cr
The finance minister said that he proposed to increase the surcharge from 5 percent to 10 percent on domestic companies whose taxable income exceeds Rs 10 crore a year.
Budget Analysis: Chidu has just used the bikini formula on you
The finance minister P Chidambaram, has managed to use the bikini formula on the fiscal deficit number of the budget. Fiscal deficit is the difference between what a government earns and what it spends.
Budget 2013: Rural development gets 46% hike, Rs 33,000 cr for MGNREGS
The Union finance minister allocated Rs 33,000 crore to the Mahatma Gandhi National Rural Employment Guarantee Scheme in the Budget 2013-14.
Budget 2013: Nothing noteworthy for the real estate sector?
There's nothing of note for the sector barring some encouragement for the affordable housing sector.
Budget 2013: FM says CAD, food inflation biggest worries
He says his budget will focus on inflation and measures to control it.
Why Union Budget 2013 will be about increasing jobs
Now creating jobs is critical to political nirvana. So, one can be sure that the budget will talk about jobs.