Budget 2013

Good response to all-women bank proposal: FM

Union Finance Minister P Chidambaram on Saturday said his budget proposal on setting up the country's first all-women bank has received good all-round response.

Mar 16, 2013, 18:54 PM IST

Disclose true income and hold your head high: FM

Chidambaram also said that tax refunds are not being held up. The ministry will do their best to process refunds and pay them quickly.

Mar 04, 2013, 17:36 PM IST

Chidambaram's Budget credit positive for rating: Moody's

"India's budget pursues realistic fiscal consolidation, a credit positive for the sovereign", said Moody's in its credit outlook for the country.

Mar 04, 2013, 13:44 PM IST

Gold sale in Gulf to rise on limit revision for NRIs: Report

As part of the Budget proposal last week, it was announced that male passengers can carry gold worth Rs 50,000, and female passengers Rs 1 lakh compared to the earlier limit of Rs 10,000 and Rs 20,000, respectively.

Mar 04, 2013, 12:41 PM IST

Budget 2013: Chat online with Chidambaram on Google+

This is for the first time that any Union Cabinet Minister is using this medium to interact with the citizens and to respond to their questions about the Union Budget.

Mar 04, 2013, 10:33 AM IST

Budget 2013: Chat online with Chidambaram Monday

Have a query on Budget 2013-14? You can directly ask Finance Minister P Chidambaram as he will take questions on all proposals Monday on Google Hangout-- a multi-person online video chat.

Mar 03, 2013, 19:47 PM IST

New defence budget leaves ex-Army generals, experts unhappy

The Defence Ministry was allocated Rs 2,03 lakh crore for 2013-14 which is barely Rs 25,169 crore more from last year`s revised estimate of Rs 1.79 lakh crore.

Mar 03, 2013, 15:24 PM IST

All-women bank to start operations from November: Chidambaram

India's first all-women bank will start operations from November this year through six branches spread across the length and breadth of the country, Finance Minister P Chidambaram said Sunday.

Mar 03, 2013, 15:22 PM IST

Budget 2013: Rs 270.05 cr for Union Ministers` travel; Rs 5.8 cr for salaries

The government has earmarked Rs 270.05 crore for the tour expenses of Union Ministers in the General Budget 2013-14.

Mar 03, 2013, 12:18 PM IST

Bank for women mere 'tokenism' sans social change: J S Verma

The former chief justice had led the three-member panel that looked into laws on crimes against women in the aftermath of the December 16 Delhi gangrape incident which had sparked massive protests.

Mar 02, 2013, 18:28 PM IST

Pragmatism: Common strand in Chidambaram`s eight budgets

Farmers will now be able to access this credit facility from private banks as well.

Mar 02, 2013, 13:39 PM IST

Healthy or not so healthy Budget 2013-14?

The Union Budget proposal to integrate rural and urban heath missions has been received well though experts lamented the rather ‘poor’ outlay under the combined scheme.

Mar 02, 2013, 13:17 PM IST

Sensex continues to fall for fifth week as Budget disappoints

Stock market continued to fall for the fifth week by slipping 398 points to close below 19,000 level after three months due to sustained selling pressure.

Mar 02, 2013, 10:53 AM IST

Hopeful of better GDP growth in 2013-14 fiscal: Montek

Expressing disappointment at poor third quarter GDP growth, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Friday said he is hopeful of a better show next financial year as the Budget has been made on an estimate of 6.5 percent growth.

Mar 02, 2013, 10:02 AM IST

It is a very responsible Budget: Lord Paul

"It has to be accepted that the Finance Minister has done a good job to keep confidence of everybody in the Indian economy and also tried to deal with budget deficit and still make efforts to increase growth rate," Paul, Chairman of the Caparo Group, said.

Mar 01, 2013, 21:00 PM IST

Impose taxes on corruption: Suniel Shetty

Reacting to the imposition of 10 percent surcharge by the government on those who earn more than Rs.1 crore a year, actor Suniel Shetty says the government should start imposing tax on corruption.

Mar 01, 2013, 19:28 PM IST

Budget proposals will help widen distribution reach: Insurers

"Insurance broking is a specialised business and may require banks to develop additional skills. This move by the government will allow insurers to take advantage of the banks' distribution network," Tata AIG General Insurance CFO and Senior Vice-president-Finance Miranjit Mukherjee said.

Mar 01, 2013, 19:00 PM IST

Budget failed to address concerns of masses: Karat

CPI(M) general secretary Prakash Karat on Friday said that the Union budget has "failed" to address the major concern of the masses.

Mar 01, 2013, 14:12 PM IST

Budget sparks confusion over treatment of some foreign funds

A day after worries over some budget proposals, notably on tax on capital gains made from investments routed through Mauritius and similar tax havens, doubts still remained, causing nervousness in the markets.

Mar 01, 2013, 13:31 PM IST

Budget 2013: SUVs, imported vehicles to cost more

Imported luxury cars will be costlier by up to Rs 15 lakh or even more, while prices of sports utility vehicles will also go up, with the Finance Minister P Chidambaram on Thursday proposing a hike in excise and customs duties on these products.

Mar 01, 2013, 12:41 PM IST