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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: Govt to borrow 29 paise for every rupee in its kitty

PTI | | The government's dependence on debt has gone up from 27 paise in the previous Budget to 29 paise in the coming year, reflecting the pressure on revenue collections.

Budget 2012-13: Common tax code on the anvil for service tax, excise duty

PTI | | On the lines of the proposed Direct Taxes Code (DTC), the government plans to come out with a Common Tax Code (CTC) for service tax and central excise duty to harmonise the two indirect levies.

Budget 2012: Text of Pranab Mukherjee's speech

| Following is the text of Pranab Mukherjee's Union Budget 2012-13 speech.

Union Budget 2012-13: We have to bite the bullet on subsidies when time comes, says PM

| Replying to a pointed question on Trinamool's support to economic reforms, Prime Minister said he hoped to take allies on board while taking tough decisions.

Union Budget 2012-13: Pranab plays safe, presents a modest Budget

TNN | | This is a Budget for growth with stability, says Pranab Mukherjee. He pledges reforms but sets only modest targets for trimming a ballooning fiscal deficit.

Budget 2012: Highlights

| Finance minister Pranab Mukherjee presented Union Budget today for the coming financial year.

Budget 2012: Income tax exemption limit raised to Rs 2 lakh

PTI | | The Union Budget raises exemption limit for individuals from Rs 1.8 lakh to Rs 2 lakh. For senior citizens it remains unchanged at Rs 2.5 lakh.

Union Budget 2012-13: What goes up, down

TNN | | Cinema and films, LCD and LED TVs, bicycles, housing society charges, LPG, mobiles, medicines for treating cancer and HIV to cost less now.

Union Budget 2012-13: Defence Budget hiked by more than 17 per cent

PTI | | The government has hiked the defence budget for 2012-13 to Rs 1,93,007 crore to fuel rapid modernisation of its Army, Navy and Air Force.

Union Budget 2012-13: GST to be operational by August 2012

TNN | | In his Union Budget 2012-13 speech finance minister Pranab Mukherjee said that the Goods and Services tax (GST) will be operational by August 2012.
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