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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.

Govt dials auction to raise Rs 58k crore

TNN | | A cash-strapped government is once again looking to tap the telecom sector to raise over Rs 58,000 crore through auction of spectrum, including those vacated by 122 telecom licence holders who were ordered to surrender permits and airwaves by the Supreme Court.

Budget 2012: Not budgeting for snap polls

TNN | | Pranab Mukherjee’s Budget is clear about one thing: His government is intent on not facing Lok Sabha elections before they are due in 2014. For, this is not the kind of Budget to woo voters with.

Budget 2012: Tax write-offs in plenty, but for the bigger, they’re better

TNN | | For all the talk of phasing out exemptions and concessions from the finance ministry, there is little to show by way of achievement.

Small is social: Micro units get some credit

TNN | | The budget has announced a Rs 5,000 crore venture fund for micro, small and medium enterprises with SIDBI to enhance availability of equity to these units.

A wag of Nandan Nilekani's tale: Aadhaar funds up

TNN | | The allocation for Aadhaar was increased from the previous year’s Rs 1,470 crore to Rs 1,758 crore for 2012-13.

Congress loses its Mulayam touch with minorities

TNN | | It appears to be a telling political lesson from the just-concluded UP elections, with FM Pranab Mukherjee blanking out ‘minority welfare’ from his budget speech after having made it a focal point of his address in the past years.

Higher levies may add fuel to fire of inflation

TNN | | Finance minister Pranab Mukherjee’s budget proposals are expected to end up fanning inflation.

Battle-scarred,yet Manmohan talks of ‘biting the bullet’

TNN | | Nothing weakens political resolve like poll losses. So, it needed certain steeliness for PM Manmohan Singh to say that reducing the deficit, even if it means increasing fuel prices, may require the government to “bite the bullet” on subsidies.

Fertilizer, food, fuel become the new 'F' words

TNN | | While promising to cap subsidies at 2% of GDP, finance minister Pranab Mukherjee has cut the allocation for food, fertilizer and fuel support by almost 14% to Rs 1.8 lakh crore during the next financial year.

Pranab struggles to do the math

TNN | | Given the seemingly impossible task of splurging on populist giveaways and yet keeping the fisc in control, finance ministers have traditionally resorted to liberal doses of optimism in the revenue projections they make to balance the book.

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