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Union Budget 2013


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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: Banaras Hindu University gets grant of Rs 100 crore

TNN | | The Banaras Hindu University would get a grant of Rs 100 crore as announced by Union finance minister P Chidambaram while presenting the Union Budget 2013-14 on Thursday.

Union Budget 2013-14: What goes up, down

TNN | | Sports utility vehicles, imported cars and motorcycles, high-end mobile phones, eating out at air-conditioned restaurants and cigarettes will become costlier with finance minister P Chidambaram deciding to impose higher taxes on these items.

Education sector gets 17% jump, Pallam Raju says he will ask for more

PTI | | The education sector today received a 17 per cent jump with an allocation Rs 65,867 crore for 2013-14 fiscal, but HRD minister M M Pallam Raju termed it as "little" increase and said he would be asking for more to meet the goals.

Union Budget 2013: Measures that will impact NRIs

| As the Budget speech comes to an end, we list down the quick takeaways for non-resident Indians.

Union Budget 2013-14: Sovereign ratings unaffected by budget, S&P says

M Allirajan | | The budget will have no impact on the sovereign credit rating on India, ratings agency Standard & Poor's (S&P) has said.

Economic growth declines to 4.5%; Sensex tanks 291 points to 3-month low

PTI | | Economy grew by 4.5 per cent in the October-December period of the current financial year, pulled down by poor performance of farm, manufacturing and mining sectors.

Union Budget 2013-14 seen as 'practical budget' by many in corporate India

TNN | | The Union Budget 2013-14 announced by Union finance minister P Chidambaram on Thursday is seen as a "practical budget" by many in corporate India.

Mangalore gives thumbs up to Union Budget

Stanley Pinto | | Barring the small industries sector, Mangaloreans have given a thumbs up to the Union Budget presented in the pre-election year.

Budget is clever attempt to mislead public in election year: Aam Aadmi Party

PTI | | Aam Aadmi Party on Thursday alleged that the Budget presented by the finance minister P Chidambaram was a "clever attempt to mislead" public ahead of elections as it offered little remedy for the key problems facing the Indian economy.

Union Budget 2013: Air India to get Rs 5,000 crore equity infusion in 2013-14

PTI | | The government today announced Rs 5,000 crore additional equity infusion for debt-ridden national carrier Air India in the next fiscal as part of its turn around plan.
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