Budget 2013

  • Sushma Swaraj
    Dec 05, 2012 00:06 IST

    Second part of FDI row may play out in budget session

    The imbroglio over allowing FDI in multi-brand retail seems set to spill over to the budget session of Parliament, Vikas Pathak reports.

  • Vodafone
    Jan 10, 2013 20:36 IST

    Budget may contain solution for Vodafone row

    The finance ministry is working towards an amicable resolution of the retrospective tax amendment issue that could provide some relief to British telecom giant Vodafone, which is facing a tax liability of Rs 11,200 crore.

  • 1
    Jan 13, 2013 21:01 IST

    Budget may boost PSU disinvestment target

    Struggling to meet its budgeted disinvestment target of Rs. 30,000 crore for the 2012-13, the government is set to fix an even higher target of over Rs. 40,000 crore for the next fiscal year. Mahua Venkatesh and Anupama Airy report.

  • savings bank interest
    Jan 15, 2013 22:10 ISTBudget 2013-14

    IIFCL may guarantee private infra bonds

    To attract more takers and channelise insurance and pension funds as also household savings, finance minister P Chidambaram as part of his forthcoming budget proposals may allow state-owned IIFCL to stand as a guarantor for bonds floated by private infrastructure companies. Anupama Airy and Mahua Venkatesh report. Bonding with the market

  • Chidambaram
    Jan 16, 2013 20:47 ISTBudget 2013-14

    Don't tax the rich more: industry

    Indian industry leaders on Wednesday urged finance minister P Chidambaram to not impose a tax on the 'super rich', and to maintain a stable tax regime to boost investor sentiments and capital inflows as the economy appears on track for its worst growth in 10-years. HT reports. FM meets state FMs

  • Gold biscuits
    Jan 18, 2013 22:03 ISTBudget 2013-14

    Import duty on gold may be hiked before budget

    The threat of a proposed hike in customs duty on gold that will make imports costlier is leading to a sharp buying of gold by bullion traders and stockists despite the near record high domestic prices of over Rs. 30,000 per 10 grams. Anupama Airy and Mahua Venkatesh reports. All that glitters

  • Industrialists watching budget
    Jan 20, 2013 18:44 ISTBudget 2013-14

    Budget must focus on boosting infrastructure investment: CII

    The upcoming union budget should be focused on boosting private as well as the government's investment in infrastructure, the Confederation of Indian Industry (CII) said.

  • Rupee
    Jan 20, 2013 20:49 IST

    Tax breaks can revive economy

    The global crisis has affected the Indian economy too. In the midst of this crisis, the implementation of the Direct Tax Code (DTC) was postponed beyond the proposed date of April 2012.

  • Chidambaram
    Jan 20, 2013 20:54 ISTBudget 2013-14

    Govt to levy penal interest rate on tax defaulters

    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 reports.

  • incometax
    Jan 21, 2013 21:14 ISTBudget 2013-14

    Corporate, income tax rates to stay

    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 report.

  • tax
    Jan 23, 2013 21:06 ISTBudget 2013-14 | Economic agenda

    More reforms, no tax shocks in budget: FM

    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

  • Union finance minister P Chidambaram
    Jan 24, 2013 12:43 ISTBudget 2013-14

    Chidambaram hints at taxing super-rich

    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?

  • Chidambaram
    Jan 25, 2013 00:40 IST

    Splurging big? Beware, the taxman is watching

    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.

  •  P Chidambaram
    Jan 27, 2013 22:58 ISTBudget 2013-14

    Chidambaram sends banks on rural drive

    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 reports.

  • P Chidambaram
    Jan 27, 2013 23:55 IST2013 budget

    PC's fiscal move: PM soothes ministries' ire

    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 reports.