You are here:HomeNewsUnion Budget

Union Budget

  • Budget 2013: Proposed CTT to hit MCX volumes

    Budget 2013: Proposed CTT to hit MCX volumes

    The government on Thursday proposed imposing a transaction tax on futures contracts of non-agricultural commodities like gold, silver and base metals -- a move that could pull down the turnover of commodity exchanges, and mainly that of market leader Multi Commodity Exchange (MCX).

  • Work on DTC in progress, Bill in Budget session: FM

    Work on DTC in progress, Bill in Budget session: FM

    He said the standing committee on finance has submitted its report on the Bill and the government attaches great weight to its recommendations.

  • Union Budget 2013: Tax sops in RGESS extended to 3 years, says Chidambaram

    Union Budget 2013: Tax sops in RGESS extended to 3 years, says Chidambaram

    Finance Minister P Chidambaram today proposed liberalising the Rajiv Gandhi Equity Savings Scheme to enable first time investors to park funds in MFs and listed shares and extended tax benefits to three successive years.

  • Budget 2013: Gold traders shy away from new deals as rupee weakens

    Budget 2013: Gold traders shy away from new deals as rupee weakens

    Gold importers in India shied away from placing new deals as the weaker rupee post the Budget kept the downside in prices limited, though importers breathed a sigh of relief as the Finance Minister maintained a status quo on import duties.

  • Budget 2013: Electronic chip plants to get incentives

    Budget 2013: Electronic chip plants to get incentives

    In a move to boost manufacturing of high tech electronic products in India, government on Thursday announced zero customs duty on equipment required for setting up semiconductor (electronic chips) plant in the country would be free from customs duty.

  • Budget 2013: Super-rich to pay more

    Budget 2013: Super-rich to pay more

    "I believe there is a little bit of the spirit of Mr Azim Premji in every affluent tax payer," Mr Chidambaram said, referring to the chairman of Wipro, one of the richest men in the country and also known for his philanthropy.

  • Budget 2013: Farm credit enhanced by Rs 1.25 lakh crore for FY'14

    Budget 2013: Farm credit enhanced by Rs 1.25 lakh crore for FY'14

    Finance Minister P Chidambaram on Thursday announced a sharp increase of Rs 1.25 lakh crore in agriculture credit target to Rs 7 lakh crore for next fiscal year and allocated additional Rs 10,000 crore in subsidy for implementing the Food Security Bill.

  • Fiscal deficit for 2012-13 estimated at 5.2%: Chidambaram

    Fiscal deficit for 2012-13 estimated at 5.2%: Chidambaram

    The fiscal deficit for the current financial year has been contained at 5.2 per cent of GDP, lower than 5.3 per cent as was targeted, Finance Minister P Chidambaram said today.

  • Budget 2013: Government keeps gold import duty unchanged

    Budget 2013: Government keeps gold import duty unchanged

    The government held its gold import duty unchanged in Thursday's budget, defying industry expectations that the world's biggest bullion buyer would increase rates to curb demand and rein in a record current account deficit (CAD).

  • Budget lays roadmap for investment, says Prime Minister

    Budget lays roadmap for investment, says Prime Minister

    Hailing the Budget, Prime Minister Manmohan Singh said it would reverse the pessimistic mood and lay the roadmap for investments as he expressed confidence of returning to eight per cent growth within three years.

  • Budget 2013: Singling out SUVs destroys level field, says Anand Mahindra

    Budget 2013: Singling out SUVs destroys level field, says Anand Mahindra

    A surprise hike in tax on SUVs in India risked hurting one of the only bright spots in the country's automotive market, sending industry shares falling on Thursday after a Budget that offered little help for the struggling industry.

  • Govt to construct power transmission link from Srinagar to Leh

    Govt to construct power transmission link from Srinagar to Leh

    The government today approved construction of a power transmission link between Srinagar and Leh at an investment of Rs 1,840 crore.

  • Chidambaram attempts balancing act, unimpressed markets tank

    Chidambaram attempts balancing act, unimpressed markets tank

    Total budget expenditure will rise by an unexpectedly high 16 percent in the fiscal year that begins on April 1 to Rs 16.65 trillion, but, Mr Chidambaram said, fiscal deficit for the current year will fall to 5.2 percent of gross domestic product, besting a revised target of 5.3 percent.

  • Budget 2013: Bank shares fall on Budget disappointment

    Budget 2013: Bank shares fall on Budget disappointment

    Shares in public sector banks fell on concerns about liquidity in the banking system after the government set its target for gross market borrowing at Rs 6.29 trillion in 2013/14, above estimates of less than Rs 6 trillion.

  • Budget 2013: Chidambaram unveils measures to lure people away from gold

    Budget 2013: Chidambaram unveils measures to lure people away from gold

    Finance Minister P Chidambaram on Thursday announced measures to encourage people to make productive investments in financial markets and housing, instead of just putting their money in gold.

  • Budget 2013: India's first all-women bank by October, says Chidambaram

    Budget 2013: India's first all-women bank by October, says Chidambaram

    The country is all set to get an all-women bank by this year with the government announcing an initial capital of Rs 1,000 crore for the purpose. Announcing the Budget proposals for 2013-14, Finance Minister P Chidambaram said the bank is likely to be set by October this year.

  • Budget 2013: How it impacts you

    Budget 2013: How it impacts you

    Walking a tight rope ahead of 2014 elections, Finance Minister P Chidambaram today offered minor sops to income-tax payers while slapping a 10 per cent surcharge on the 'super-rich'. Here are five points telling how the Budget will impact you:

  • Budget 2013: Tax credit of Rs 2,000 for persons with income up to Rs 5 lakh

    Budget 2013: Tax credit of Rs 2,000 for persons with income up to Rs 5 lakh

    Giving small relief to tax payers, Finance Minister P Chidambaram today announced a tax credit of Rs 2,000 for persons with income up to Rs 5 lakh.

  • Budget 2013: Rs 14,000 crore to be infused in public banks next fiscal year

    Budget 2013: Rs 14,000 crore to be infused in public banks next fiscal year

    The government today said it will infuse Rs 14,000 crore in public sector banks next fiscal year to ensure that they meet the global capital adequacy norms.

  • Union Budget 2013: What experts say

    Union Budget 2013: What experts say

    India must make tough spending choices, Finance Minister P. Chidambaram said on Thursday, even as he unveiled a bigger-than-expected outlay for the coming fiscal year in one of the most highly anticipated Indian budgets of recent years. Here is what experts said.

Social Sharing

Advertisement

Advertisement

  • BSE
  • NSE
Company Price (Rs.) CHG %
APOLLOTYRE 173.00 7.49%
CROMPGREAV 188.85 6.57%
ARVIND 192.00 6.19%
IRB 117.10 6.07%
More from Top Gainers »
Don't Miss

Advertisement

Market Data provided by © Accord Fintech.
© Copyright NDTV Convergence Limited 2014. All rights reserved.