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Budget 2013: Chidambaram nets big fish
Budgets presented in the run-up to elections, whether in the pre or post-reforms era, have tended to showcase how much the government is doing for the common man.

Union Budget 2013: Shockwaves on the Rich-ter scale, crorepatis clubbed with 10% surcharge blow
P Chidambaram decided to take a leaf out of the Warren Buffett rule book by whacking the wealthy with a rich tax, though he said it was only for the period of a year.

Union Budget 2013: Chidambaram has it covered for insurers
Insurance CEOs are excited about the proposals announced by the finance minister that make it easier to distribute policies.

Union Budget 2013: Govt insures tax loophole is plugged

TNN | | Employees who have been assigned keyman Insurance policies taken out by their employers will find the proceeds taxable with the Budget withdrawing benefits under the IT Act.

Union Budget 2013: FM shoots black buck, only maims

TNN | | Black money was a grey area in the FM’s speech.

Union Budget 2013: Capital gains of the human and fiscal kind

| The macroeconomic backdrop to this budget was high inflation, low growth, widening current account deficit and high fiscal deficit.

Union Budget 2013: Green shoots to harvest growth

TNN | | The Budget has provided ample resources for farmers and the farm sector even in a year of fiscal blight.

Union Budget 2013: Not enough ammunition for the arms aadmi

TNN | | India’s military modernization will continue to slow-march, and haphazardly at that in the absence of long-term strategic planning and recurring scams, with the defence outlay being marginally hiked to Rs 203,672 crore.

Union Budget 2013: A step forward for one-stop tax

TNN | | Goods & Services Tax (GST) — the country’s most ambitious tax reform — inched closer to being implemented with finance minister P Chidambaram allocating Rs 9,000 crore as the first tranche of compensation for states for the loss in central sales tax reduction.

Union Budget 2013: Out of the red via blue chips

TNN | | The government has set an ambitious target of mopping up a record Rs 56,000 crore from sale of shares in PSUs, pointing to its increased reliance on disinvestment to bridge the deficit.

Union Budget 2013: Home truths — big is bitter, small is better

TNN | | Finance minister P Chidambaram has proposed an additional deduction of up to Rs 1 lakh on interest if a person buys his first house with a loan of up to Rs 25 lakh from a bank.

Budget 2013: Funds for Metro to help NCR thrust

TNN | | Delhi Metro has been allocated Rs 5,181 crore, an increase of Rs 670 crore from the previous Budget, largely for construction of the Phase III corridors. It has also got an additional Rs 120 crore for expansion in Faridabad and Bahadurgarh.

Union Budget 2013: Maharashtra ignored in budget, state's ministers say

TNN | | Though chief minister Prithviraj Chavan had no option but to welcome the general budget, his cabinet colleagues, both from the Congress and the NCP, criticized the Centre for ignoring Maharashtra despite the fact that it generates the highest revenue.

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