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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.

Union Budget 2013: It's totally disappointing, Naveen says

TNN | | Chief minister Naveen Patnaik on Thursday described the Union Budget 2013-14 as 'totally disappointing' and said it contains no significant policy to revive growth in the economy, tackle inflation and ensure food security for the poor.

Union Budget 2013: No smoke without ire: Govt hikes duty on cigarettes

TNN | | P Chidambaram has proposed to increase specific excise duty on cigarettes by 18%. A similar increase has been proposed for cigars, cheroots and cigarillos. Analysts say manufacturers are likely to pass on a bulk of the additional cost to consumers.

Union Budget 2013: FM warmth for startup incubators

TNN | | The finance minister’s proposal to establish a Rs 200-crore fund to take forward certain science and technology innovations that benefit the common man will also help startups.

Union Budget 2013: More greens to contain red rage

TNN | | Twenty districts of Odisha, many of which are Maoist-affected, stand to gain from the increased allocation of money for the centrally-sponsored Backward Regions Grant Fund (BRGF).

Union Budget 2013: FM lays out rural road map for polls

TNN | | A new version of the 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: Times guide for indirect tax

TNN | | Proposal: Customs duty free allowance threshold in respect of jewellery for an Indian passenger residing abroad for over a year or a person who is transferring his residence to India has been revised from Rs 10,000 to Rs 50,000 for men and from Rs 20,000 to Rs 1,00,000 for women.

Union Budget 2013: Still some weak links in food chain

TNN | | It looks like the UPA is not banking too much on the National Food Security Bill to shore up its political fortunes in the next general election.

Union Budget 2013: Service tax relief for vocational courses

TNN | | Service tax exemption for vocational education courses received applause from Odisha, with the relief set to promote skill development programmes in the state.

Union Budget 2013: Middle class not impressed

TNN | | The Union budget failed to impress the middle class. Some housewives said they had expected relief from rise in prices of essential commodities, but in vain.

Union Budget 2013: Cash me if you can, it’s not direct to home yet

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

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