Budget Stories

February 08, 2013 12:43 (IST)

Can you help me put more money in the saving jar at home? If you can do that, you have my vote.

February 07, 2013 17:00 (IST)

The biggest differentiator between a senior citizen and normal one in fiscal terms is that senior citizens mostly have only some sources of passive income and no active income, nor are they in a position to take up employment.

New Delhi | February 05, 2013 11:15 (IST)

Finance Minister P Chidambaram today asked the revenue officials to beef up their tax collection efforts to achieve the budgeted target. "This was a difficult year for the economy including for revenue collection because there was less imports and manufacturing activity was also slackening," Mr Chidambaram said.

New Delhi | February 03, 2013 15:31 (IST)

With the government in expenditure cutting mode, various ministries are bracing for reduction in their annual budgets for the year 2013-14 which could be even up to 24 per cent of this fiscal year. While some ministries are reconciled to the anticipated budgetary cut by the Finance Ministry, a few others are cribbing about it.

New Delhi | February 03, 2013 11:39 (IST)

Seeking to restrict the fiscal deficit at 4.8 per cent of the gross domestic product (GDP), the Finance Ministry is likely to make a substantial cut in its plan expenditure for 2013-14 fiscal year. Finance Minister P Chidambaram has already committed to restricting the fiscal deficit for the current financial year to 5.3 per cent of GDP and lower it further to 4.8 per cent next fiscal year.

New Delhi | January 30, 2013 10:33 (IST)

The RBI cut interest rates yesterday for the first time in nine months, but struck a cautious note on further easing as it waits to see how the government's upcoming Budget aims to trim a bloated fiscal deficit.

New Delhi, India | January 30, 2013 08:00 (IST)

The Reserve Bank of India lowered its key policy rate for the first time in nine months on Tuesday, but struck a cautious note on further easing as it waits to see how the government's upcoming budget aims to bring a bloated fiscal deficit under control.

London | January 29, 2013 22:04 (IST)

Finance Minister P Chidambaram today said general elections are 15 months away and the Budget to be presented next month will be "responsible".

December 09, 2012 18:03 (IST)

In the run-up to the Budget, Revenue Department will hold consultations with top industry bodies this week to work out tax proposals for 2013-14 to promote growth and boost economy.

September 21, 2012 08:52 (IST)

Finance Ministry has started the process to prepare budget for the next financial year by issuing guidelines to all central government ministries and departments.

New Delhi | May 08, 2012 22:07 (IST)

House passed the Bill that would give effect to all the tax proposals in the Budget.

New Delhi | May 07, 2012 15:54 (IST)

India's gold imports could rise on pent-up demand from jewellers after excise duty on jewellery was scrapped.

New Delhi | May 07, 2012 15:24 (IST)

Read: Finance Minister’s full statement in Parliament on GAAR

New Delhi | April 03, 2012 09:11 (IST)

The import of gold in the first quarter of the year is likely to fall, with jewellers continuing their strike.

New Delhi | April 02, 2012 12:13 (IST)

Finance Minister said the Budget was placed with a view of consolidation, moderation of inflation, growth.

New Delhi | April 02, 2012 10:29 (IST)

Tax payers will save some money on lower income tax liability, but will have to pay dearly on some services.

Mumbai | April 01, 2012 17:27 (IST)

Striking associations in different part of the country have collectively decided to go for a complete closure of bullion markets in major as well as small towns.

Mumbai | April 01, 2012 12:37 (IST)

About 70 per cent of women said higher service tax rate would lead to essential services.

New Delhi | March 23, 2012 13:29 (IST)

Oil & Natural Gas Corp's profit before tax will take a hit of Rs 5000 crore rupees in 2012/13 due to budget proposals to raise duties on oil production.

New York | March 22, 2012 23:31 (IST)

Bombay Bullion Association president Prithivraj Kothari said the main demand is unhooking them from the excise net.