After taking hasty steps to promulgate the anti-rape ordinance, the UPA government is now bracing for an action-packed first-half of the budget session. Saubhadra Chatterji
Finance minister P Chidambaram may be tightening his grip over government finances to reign in fiscal deficit but he could be more than generous in granting Rs. 200 crore fillip for UPA's image building in the crucial election year. Chetan Chauhan reports.
Finance minister P Chidambaram may have good news for home loan borrowers in the union budget for the financial year 2013-14. Gaurav Choudhury
Budget 2013: Govt surveys have shown underdeveloped pockets in developed cities which need attention. Chetan Chauhan
With the Budget 2013 round the corner, markets are once again speculating (similar to last year) that the government is considering changes in the rate of Securities Transaction Tax (STT). Anil Talreja
The government is firming up measures to encourage savings in financial instruments, such as insurance and pension products, to wean people away from locking in surplus funds in physical assets like gold. Mahua Venkatesh
Finance minister P Chidambaram's intent to walk the talk on fiscal discipline and nurse the government's delicate balance sheet back into health appears to have run into stiff resistance from ministerial colleagues. Chetan Chauhan
Finance minister P Chidambaram today said general elections are 15 months away and the Budget to be presented next month will be 'responsible'.
Prime Minister Manmohan Singh has chipped in to end resistance from key ministries against finance minister P Chidambaram's fiscal consolidation move imposing restrictions on their expenditure kitty. Chetan Chauhan
Finance minister P Chidambaram is likely to direct banks to open more branches in rural areas and focus on states in which penetration in the hinterland is low. Mahua Venkatesh
Finance minister P Chidambaram today said that the argument for taxing the very rich "a little more" should be considered, fuelling speculations about steps he may take in the budget to boost tax inflows and narrow a widening fiscal gap. POLL: Should India's rich pay more taxes?
If you have recently decked up your bathroom with fancy fittings or picked up a swanky plasma-screen television set, then taxmen could be profiling you, part of a new directive to scoop “information on everything about a taxpayer”. Gaurav Choudhury reports.
The biggest threat to reforms in India is an unstable government at the Centre after 2014, finance minister P Chidambaram told investors in Singapore today as he defined the economic agenda in the coming months. HT
reports. Chidambaram eyes growth boost
Companies and individuals fearing higher tax rates in view of a high fiscal deficit may rest easy as the forthcoming budget is unlikely to give them taxing times. Anupama Airy and Mahua Venkatesh
The government is likely to clamp down heavily on tax defaulters through a string of measures that is likely to be announced in this year's budget, as tax authorities step on the pedal to collect unpaid revenues. HT