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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.

Budget 2012: Companies add a 10 binder to cement mix

TNN | | Cement manufacturers have lost no time in announcing price hikes between Rs 7 and Rs 10 for a 50kg bag. The price of a 50kg bag of cement ranges between Rs 280 and Rs 300. The changes will come into effect from Saturday.

Budget 2012: Fully charged to power ahead

TNN | | The power industry is feeling fully charged. Consumers will be able to see the light in the coming years as the Budget measures make fuel a little more affordable, reduce funding costs and ease tax burden for generators.

Right to education fails to get pass marks, again

TNN | | India’s ambitious plan of seeing every child in school was short-changed in the Budget again.

Budget 2012: Staying wired will byte your walllet

TNN | | Be prepared to shell out more for your personal computing gadgets and accessories. With the budget raising excise duty from 10% to 12%, the prices of a wide range of products including desktops, laptops, tablets, printers, UPS and mobile phones are all set to rise.

Budget 2012: It's time to wake up and smell the good brews

TNN | | The coffee business will get an impetus from the reduction in basic customs duty from 7.5% to 5% on specified coffee plantation and processing machinery. Some say it could even encourage home-brewing of coffee.

Budget 2012: Gold fingered, by customs

TNN | | The glitter of gold just got fainter. The finance minister on Friday doubled import duty on standard gold from 2 to 4% and for non-standard gold from five to 10%.

LCDs get a sharper picture, fridges in the deep freezer

TNN | | Consumer durable industry is in a quandary. Growth is either flat or negative in some segments. And here comes a budget which will hike prices by 3%-4% for excise duties have been hiked across the board. Above all, the cost scenario looks anything but rosy.