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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.

Budget 2012: Little on the plate for food subsidy

TNN | | In an indication that the government doesn’t see the National Food Security Bill rolling out in the current fiscal year, food subsidy was raised by a marginal Rs 2,177 crore for the year 2012-13 from the revised estimate of Rs 72,823 crore in the previous year.

More jam for the kisan, and bread for India

TNN | | Hoping to nurse the agriculture sector back to good health, finance minister Pranab Mukherjee has increased allocation under this head by 18% to Rs 20,208 crore, enhanced interest subvention for famers paying their loans on time by 3%, and promised greater commitment to allied areas like building storage and irrigation facilities.

Shipping in shallow waters

TNN | | The shipping industry, which is already in choppy waters, may have to wait longer for the tide to turn in their favour.

Budget 2012: Mobile talk gets taxed a little more

TNN | | More than 900 million mobile phone users in India should get ready to pay more for their monthly mobile phone bills on the back of a 2% hike in service tax announced in the annual budget on Friday.

Pranab refuses to hang up on Vodafone case

TNN | | The government on Friday went back 50 years to ensure that it taxes transactions such as the one involving Vodafone and Hutch as part of a plan to generate Rs 40,000 crore from M&A deals involving foreign players with interests in Indian companies.

Budget 2012: Analyse how your market wealth could be affected

TNN | | The Budget often impacts the bottomlines of industries and companies — and can make a difference to your investments. TOI commissioned CRISIL — India’s leading ratings, research, risk and policy advisory company — to analyse how your market wealth could have been affected

Quick passage plea spurs hope of Goods and Services Tax rollout in 2013

TNN | | Pranab Mukherjee did not given any time-frame for rolling out the Goods and Services Tax but analysts said the changes on the indirect taxes front unveiled on Friday suggested that progress was being made on launching the most ambitious tax reform.

Budget 2012: Govt tightens screws on black money generation

TNN | | It’s an all-out war on black money. Facing criticism for not doing enough to stop the menace, the government on Friday announced a slew of measures to prevent generation and circulation of black money and to make it more difficult to stash undeclared income abroad.

Tied down by coalition constraints, rues Pranab Mukherjee

TNN | | Finance minister Pranab Mukherjee said on Friday that political constraints reduced his ability to take hard decisions in his present stint.

Budget 2012: It’s time to home in on that cheap loan

TNN | | Home loans could get cheaper with the Budget proposing to undertake a number of measures to boost this sector. An insurance against defaults, additional refinance and an extension of interest subvention on low-cost homes are some of the measures that will drive home loans.

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