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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.

Health budget: Juggling numbers to mislead the public

| After wringing its hands over how rising healthcare costs was pushing 39 million into poverty and promising to stop this from happening, the government has increased allocation this year by just Rs 2,840 crore which is less than the amount that was not released last year out of the total allocated amount.

A bold and responsible budget

| It is a bold and responsible budget. The responsible bit is evident enough: the fiscal deficit has been reined in, both for the current year and for the next year, at 5.2% and 4.8% of GDP respectively.

A tax and spend budget

| Pyaralal Raghavan: The finance minister Chidambaram who is widely acclaimed for his acumen and hands on approach to governance seems to finally slipping up.

How to create new Haji Mastans with Budget 2013

| The FM should mind the law of unintended consequences when levying new taxes.

Decent performance by Pawan Kumar Bansal

| Investment is being taken up in a number of key areas, to upgrade safety, lay new lines, double and extend existing lines, electrify new lines.

Our tax system should go the ASEAN way

| SA Aiyar: To meet a budget crunch, taxes on income, capital gains and dividends have gone up in the US, and may rise further.

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.

Tax illiteracy is no solution for budget deficits

| SA Aiyar: Chidambaram's tax officials are so desperate to collect revenue (to reduce the fiscal deficit) that they are issuing tax demands that defy logic. This can only discourage investment.

Poor no more

| Jug Suraiya: To fill its empty coffers, the sarkar might declare us all 'rich'.

BudgetBlogs

Health budget: Juggling numbers to mislead the public
After wringing its hands over how rising healthcare costs was pushing 39 million into poverty and promising to stop this from happening, the government has increased allocation this year by just Rs 2,840 crore which is less than the amount that was not released last year out of the total allocated amount.

A bold and responsible budget
It is a bold and responsible budget. The responsible bit is evident enough: the fiscal deficit has been reined in, both for the current year and for the next year, at 5.2% and 4.8% of GDP respectively.

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