Interim budget 2014

  • Man watches budget
    Feb 18, 2014 13:55 ISTinterim budget 2014

    Modi's criticism of budget like schoolboy debate: Chidambaram

    Chidambaram and BJP leader continue their argument. Chidambaram accuses Gujarat leader of 'fake encounter with facts'.

  • Chidambaram, budget
    Feb 18, 2014 01:14 IST

    UPA poll code: Pay jawan, pay kisan...something for everyone

    Weeks before the Lok Sabha elections, finance minister P Chidambaram reached out to a wide swathe of voters —youth, minorities, Dalits, tribals, women, farmers and the middle class — who had formed the core support base of the Congress-led UPA in the 2004 and 2009 general elections.

  • Audi A3
    Feb 17, 2014 22:31 ISTInterim Budget 2014

    Audi, Mercedes lower prices up to Rs 3.82 lakh on excise cut

    Audi and Mercedes-Benz cut prices by up to Rs 3.82 lakh, while Tata Motors announced their intent to follow suit after FM reduced excise on automobiles on Monday.

  •  Army soldiers
    Feb 18, 2014 00:54 IST

    Interim budget: Defence budget hiked by 10% to Rs 224K crore

    Finance minister P Chidambaram on Monday announced that the defence budget for 2014-15 had been hiked from Rs 203,672 crore to Rs 224, 000 crore, a 10% increase over last fiscal’s outlay.

  • Man prays during budget
    Feb 17, 2014 23:52 IST

    Chidambaram reaches out to minorities, increases allocation by 12% to Rs. 3,511 crore

    The Sachar panel, set up by PM Manmohan Singh to probe disadvantages faced by Muslims, had pointed out in its report that a vast majority of Muslims were self-employed and that access to credit at reasonable rates was a major factor holding back their businesses.

  • Chidambaram
    Feb 18, 2014 00:18 IST

    Interim budget 2014: Govt resets disinvestment target to Rs 36K cr

    The government has set a target of Rs 36,925 crore that it expects to earn by selling equity in state-owned companies in 2014-15 even as it halved target by more than half to Rs 16,027 crore for the current financial year.

  • People watch budget
    Feb 18, 2014 00:03 IST

    Interim budget 2014: DTC, GST decision left to next govt

    Two of India’s biggest tax reform initiatives — the Direct Taxes Code and the Goods and Services Tax — will have to wait until a new Lok Sabha and a new government is in place, thereby slowing down efforts made over the years on consensus-building to modernise the country’s tax laws.

  • Chidambaram
    Feb 17, 2014 23:33 IST

    Interim budget: 2G auction, low spend help reduce fiscal gap

    When he took over as finance minister in August 2012, P Chidambaram had identified taming of the twin deficits — the current account and the fiscal gaps — as among his topmost priorities.

  • Chidambaram, budget
    Feb 17, 2014 22:52 IST

    Interim budget faces flak from Oppn, termed as 'farewell speech'

    The Opposition hurled brickbats at P Chidambaram’s interim budget that showcased UPA’s achievements at length, calling it a ‘farewell speech’ and a “populist budget that will hurt the economy”.

  • The National Food Security Bill, 2011
    Feb 17, 2014 23:45 IST

    Farm output sparkles, but high prices continue to pinch: Chidambaram

    India’s food output is growing twice as fast as its population, and has joined a small club of nations to do so, FM P Chidambaram said on Monday, underlining a triumph on a key front from the UPA government ready to fight polls amid a welter of political charges and corruption scandals.

  • Chidambaram, budget
    Feb 17, 2014 20:17 IST

    Interim budget 2014: Chidambaram bets on manufacturing revival

    In a bid to boost demand and revive manufacturing growth, finance minister P Chidambaram on Monday reduced excise duties for key sectors like automobiles, consumer non durables and telecom.

  • Chidambaram presents Budget
    Feb 17, 2014 19:40 IST

    FM mixes prudence with sops in interim budget

    Grabbing his last chance to please voters before the general elections, P Chidambaram on Monday cut excise duties on a range of consumer goods and cars, deft tweaks that could lift consumption and boost industry but leave his successor with plenty of headaches. Full Coverage: Interim budget 2014 | Mood in Parliament

  • Chidambaram presents Budget
    Feb 17, 2014 19:30 IST

    Interim budget 2014: For the first time in last few days, a minister's speech did not get drowned

    For the first time in the last few days, a minister's speech did not get drowned in opposition-sponsored disturbances. It was also the first time in the recent past that no visitors were allowed to sit in the Lok Sabha galleries to witness the presentation of a budget.

  • People watch budget
    Feb 17, 2014 19:21 IST

    Five things that got cheaper with the interim budget

    Finance minister P Chidambaram presented the 2014 interim budget on Monday. He tried to win over key sections of the country with his budget. These announcements are expected to leave many smiling.Full Coverage: Interim budget 2014

  • P Chidambaram
    Feb 17, 2014 09:05 IST

    Chidambaram's interim budget: Cars cheaper, indirect tax cuts unveiled

    Prices of automobiles, including cars, sports utility vehicles and two-wheelers, are set to come down with P Chidambaram on Monday announcing a reduction in excise duty in the interim budget. Full Coverage: Interim budget 2014 | Poll: FM says UPA govt's record in growth is unparalleled. Do you agree? | Chidambaram's full speech | Key features of interim budget