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Budget 2013: Chidambaram nets big fish
Budgets presented in the run-up to elections, whether in the pre or post-reforms era, have tended to showcase how much the government is doing for the common man.

Union Budget 2013: Shockwaves on the Rich-ter scale, crorepatis clubbed with 10% surcharge blow
P Chidambaram decided to take a leaf out of the Warren Buffett rule book by whacking the wealthy with a rich tax, though he said it was only for the period of a year.

Union Budget 2013: Chidambaram has it covered for insurers
Insurance CEOs are excited about the proposals announced by the finance minister that make it easier to distribute policies.

Budget 2013-14: Health experts disappointed with budget

Malathy Iyer | | In 2012, Indian authorities had started discussing about ways to implement universal health access or healthcare-for-all policy.

Budget 2013: Partial relief for film industry

Bharti Dubey | | The fierce lobbying of the film industry with the North block has resulted in partial tax relief.

Union Budget 2013: Hard times wear out subsidy cushion

TNN | | However bumpy the road, fuel and fertilizer pricing reforms are here to stay.

Union Budget 2013: Some breathing space, but no spark

TNN | | There’s some breathing space and hope for the power sector. But, nothing to make imported gas affordable for generation.

Union Budget 2013: Oil hunt to get less messy, moneywise

TNN | | The oil hunt will have less scope for monetary disputes with the government moving to a new system of awarding oil/gas blocks by the degree of revenue shared by an explorer instead of the present production-sharing regime.

Union Budget 2013: Enough for every ministry to chew on: PM

TNN | | Prime Minister Manmohan Singh has said that if measures to trim the fiscal deficit work and problems with environment and forest clearances sorted out, India can get back to the 8% growth path in two to three years.

Union Budget 2013: Road scheme bounty for poll-bound states

TNN | | Finance minister P Chidambaram has said that a new version of Pradhan Mantri Grameen Sadak Yojana (PMGSY) — a popular central scheme to fund construction of rural roads — will be launched for the benefit of states like Andhra Pradesh, Haryana, Karnataka, Maharashtra, Punjab and Rajasthan.

Union Budget 2013: Banking on cash transfer, but rollout in doubt

TNN | | No one could object to “aapka paisa, aapke haath,” finance minister P Chidambaram said, confident that the UPA’s ‘direct benefit transfer’ programme — to put money for scholarships and subsidies directly into bank accounts — will be rolled out countrywide during the UPA’s current term.

Union Budget 2013: Nirbhaya fund to support women-centric plans

TNN | | A Rs 1,000 crore Nirbhaya fund to support women centric plans has also been mooted while the ministry for women and child development has been given an additional Rs 200 crore that is likely to support schemes like a one-stop crisis centre.

Union Budget 2013: 100% outlay boost for micro, small and medium enterprises

TNN | | Micro, small and medium enterprises (MSME) can avail the benefits they now enjoy for three years even after graduating to higher category.

BudgetBlogs

A Budget speech you will never hear
Gurcharan Das: India does not owe you cheap diesel, cooking gas or subsidized food. Nor does it owe you free electricity, make-work jobs, loan waivers, or even reservations.

For a radical overhaul of tax
TK Arun: It is time to think beyond legacy systems, and treating dividends as an expense is a starting point.

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