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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: Welcome slab in your face

TNN | | Real benefit is for those falling in rs 8-10 lakh income bracket

Budger 2012: A touch of silver for their golden years

TNN | | While distributing relief to the salaried, Pranabda made a few concessions for senior citizens. The finance minister announced on Friday that senior citizens will no longer be required to pay advance tax if they are not running “a business/profession”.

Budget 2012: A leader to rely on during tough times

Mukesh Ambani | | Pranab Mukherjee has shown pragmatism in presenting Budget 2012 by setting long-term development goals that will strengthen and sustain India’s growth.

Budget 2012: Are you better or worse off now? here’s the bottomline

TNN | | The hike in I-T exemption limit from Rs 1.8 lakh to Rs 2 lakh saves men Rs 2,060, but women gain only Rs 1,030 since they had a higher limit of Rs 1.9 lakh.

Hyderabad cheers, half-heartedly

TNN | | For Hyderabadis, the few things good about the Budget were laced with something bad.

Budget 2012: Face it. Life’s got a lot more taxing

Shankar Raghuraman | | On a day Sachin hit his 100th century, Pranab slammed it in, too. He’s saved you Rs 4,500 crore in direct taxes, but taken away 10 times that through indirect taxes, making the Rs 41,440 crore mop-up the largest ever. Excise duty is up across the board, and almost all services — including eating out, mobile bills and AC rail travel (Mamata, take note) — will now cost more.

Budget 2012: Modernizing of forces still not priority

TNN | | Finance minister Pranab Mukherjee on Friday hardly allocated anything substantial for modernizing state police forces which largely depend on the Centre to fund their schemes.

Budget 2012: Govt’s assets: Rs 8.66 lakh cr

TNN | | The government owns Rs.8.66 lakh crore worth of assets – about Rs.2 lakh crore of which is physical property like buildings, roads, bridges and machinery.

Budget 2012: Ramesh gains, aam admi loses

TNN | | The much-hyped job guarantee scheme seems to have stabilized, with Union budget reducing the allocation after six years of sustained hikes.

Budget 2012: No booster shot for biotech

TNN | | With each passing year the finance minister seems to be getting nowhere near addressing the wish list of the biotechnology sector that has been awaiting the booster shot year after year.
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