The budget session of Parliament beginning on Thursday looks set to be stormy with Opposition vowing to strongly raise issues like corruption and inflation even though government expressed readiness to discuss all issues and order any kind of probe into the chopper scam.
PM asks ministers not to dissent and directs plan panel to abide by Chidambaram’s decision on fund allocation. Chetan Chauhan
If you are earning an annual salary of Rs.
15 lakh and above, chances are that you may need to get a mandatory authentication certificate from CAs while filing your ITRs from next year. Debobrat Ghose
reports. Where things stand now
| How the rupee flows out
HT takes a look behind the scenes as the FM and his team thresh out key policy guidelines. Gaurav Choudhury reports.
Even as important ministries including rural development, defence and roads and transport are facing a cut in allocations, the UPA government plans to extend the olive branch to the railways by increasing the Gross Budgetary Support (GBS) to the public transporter by approximately 40% in the upcoming Budget.
Congress chief Sonia Gandhi has asked the government to include nearly 25 million families who qualify as "poorest among India's poor" - and covered under existing food handouts - in the National Food Security Bill. Zia Haq
An appraisal of the economy indicates that the worst may be over. The year’s budget could see India attract more investment and better growth, writes Bimal Jalan
In its wish-list for the last general budget ahead of the next Lok Sabha polls, the Congress party suggested to finance minister P Chidambaram to give it a pro-people touch so that the party reaps a rich electoral harvest. Aurangzeb Naqshbandi
The government is set to provide a fillip to the affordable housing segment in the coming budget to address a growing middle class hunger for homes, reports.Mahua Venkatesh
Bowing to pressure from his colleagues, finance minister P Chidambaram has reportedly agreed to a meager hike of 5.8% or Rs.
30,000 crore in money for welfare measures in next fiscal as compared to the funds provided for the same in the current financial year.
Finance minister P Chidambaram will try to strike a balance between fiscal management and populism in his budget, to be unveiled in Parliament later this month. Chetan Chauhan reports.
Battling slowdown and high inflation, finance minister P Chidambaram is likely to raise the income tax exemption limit from Rs. 2 lakh to about Rs. 2.5 lakh in Budget 2013-14. Mahua Venkatesh & Anupama Airy reports.
Finance minister is likely to invoke stringent penal action against tax theft, concealment of incomes, black money. Debobrat Ghose
Finance ministry today assured taxpayers that efforts would be made to end hostile relationships between officials and assessees and collect revenue in a "just and fair manner".
To woo the middle class with an eye on the 2014 general elections, the UPA govt is expected in the coming Union budget to unveil tax-free savings instruments to channelise household funds into large infrastructure projects. Anupama Airy
and Mahua Venkatesh