HindustanTimes Mon,29 Dec 2014

Budget A to Z

Govt to borrow 25 paise for every rupee in its kitty

For every rupee in government kitty, as much as one-fourth will come from market borrowing in 2014-15, lower than the current fiscal ending March 31.

Chidambaram is hiding behind the figures in his 'farewell budget': Opposition

Opposition on Monday trashed the interim budget, terming it as a "farewell budget" of a government which has "lost" on all counts and has nothing to offer to the people.

Interim budget: auto stocks gain on proposed cuts in duties

The automotive shares gained on Monday after the country's finance minister proposed cutting the factory gate duty on vehicles, a move that could reduce vehicle prices and boost sales.

During budget speech, FM makes veiled attack on Modi, Kejriwal

Presenting the Interim Budget 2014-15, Chidambaram on Monday said democracy acknowledges diversity, respects dissent, encourages debate and decides through a government of elected representatives.

DTC to be put on finance ministry website: Chidambaram

Finance minister P Chidabaram on Monday said that the Direct Taxes Code (DTC) will be put on the website of the ministry for a public discussion without partisanship or acrimony.

Government committed to Aadhaar scheme: Chidambaram

Finance minister P Chidambaram on Monday said that 57 crore unique numbers have been issued under the Aadhaar scheme and that the government is fully committed to implementing it.

Chidambaram woos 900,000 education loan borrowers

Chidambaram said Rs.2,600 crore will be transferred to Canara Bank, the nodal bank managing the interest subsidy scheme on educational loans. 

Govt continuing crackdown on wealth stashed by Indians abroad

Cracking down on alleged wealth stashed by Indians abroad, the government has initiated enquiries in several cases while information has been received in 67 such cases and prosecution for wilful tax evasion has been launched in 17 other cases.

Rahul effect: Chidambaram okays ‘one rank, one pension’

In his interim budget speech, Chidambaram said Rs. 500 crore has been earmarked to kick off the scheme in 2014-15. The defence budget has been raised from Rs. 203,672 crore to Rs. 224, 000 crore, a 10% rise over last fiscal year’s outlay. Rahul Gandhi backs one rank, one pension issue

Highlights of P Chidambaram's interim budget 2014

Finance minister P Chidambaram presented the interim budget for the fiscal year 2014-15 on Monday to cover expenditure until the government's term ends in May.

10 years of budgets, but UPA govt failed to sell itself?

The govt has failed to promote its accomplishments and they have slipped from public memory. Looking back, neither the Wall Street collapse nor the fraud at Satyam Computers in 2008 could be blamed on the UPA.

Aam aadmi budget: Cars, mobiles, fridges cheaper

The finance minister has used the occasion to present a 10-year report card of the economy, focusing on the constraints the government has had to face, as he walked the talk on fiscal discipline through a set of carefully crafted arguments.

Budget boosts Sensex 97 pts to month's high; auto, banks gain

The benchmark Sensex jumped 97 points to end at its highest level this month, led by banking, power and auto shares on hopes tax concession proposals announced today in interim budget will boost economic growth.

Rupee falls ahead of interim budget

The rupee is trading lower at Rs 61.96/97 on Monday from its close of Rs 61.92 on Friday ahead of the interim budget presentation due to start at 11 am.

Chidambaram to avoid populist announcements in interim budget

Finance minister P Chidambaram will present the interim budget for 2014-15 on Monday, but will likely steer clear of making any pre-poll populist announcements.
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