Finance Budget 2010 Highlights

Apr 17, 2013 at 11:25 | Source:Moneycontrol.com

This BDO India Newsletter contains highlights of the finance budgets presented by various state governments for the Year 2013-14.

Mar 05, 2013 at 12:57 | Source:Moneycontrol.com

While presenting the tax proposals in the Budget 2013-14, the Finance Minister set the context by stating that the underlying theme of his proposals is to bring clarity in tax laws, stability in tax regime, provide a non-adversarial tax administration and a fair dispute resolution mechanism.

Mar 02, 2013 at 18:20 | Source:Moneycontrol.com

It is not a flamboyant or even a populist Budget, as many would have expected, for the simple reason that early next year the country goes for the General Elections and Finance Minister P. Chidambarams chief concern seemed to be reducing fiscal deficit than curbing inflation.

Mar 02, 2013 at 15:40 | Source:Moneycontrol.com

Given the fact that elections are just round the corner and the grim macro-economic scenario, the Finance Minister has done a fairly commendable job. He has resisted the temptation to announce a populist budget.

Mar 01, 2013 at 18:08 | Source:Moneycontrol.com

The expectation that the Finance Minister would give the right signals to investors in the agriculture, warehousing and cold chain infrastructure space through an integrated package of measures to be announced in the Budget has been largely belied.

Mar 01, 2013 at 17:52 | Source:Moneycontrol.com

the Finance Minister has confined the fiscal deficit to 5.2 per cent in FY13 and as expected, this arithmetic achievement is in line with his topmost agenda of averting a country rating downgrade: IIFL

Mar 01, 2013 at 17:48 | Source:Moneycontrol.com

Union Budget FY14: The Finance minister has articulated a Fiscal Deficit (FD) target of 4.8% of GDP during FY14 with a commitment to bring down the FD, Revenue Deficit and the Effective Revenue Deficit to 3.0%, 1.5% and zero, respectively by FY17, says D&B.

Mar 01, 2013 at 17:46 | Source:Moneycontrol.com

One has to compliment the Finance Minister Mr P Chidambaram for addressing the nations priorities in his budget for 2013-14 said Mr Gagan Banga, CEO of Indiabulls Financial Services Limited. he has presented a realistic and balanced Budget , which is a good beginning.

Mar 01, 2013 at 14:05 | Source:Moneycontrol.com

This budget is clearly a response to the prevailing socio-economic circumstances in the country. The Finance Minister has put forward a peoples budget.

Mar 01, 2013 at 13:58 | Source:Moneycontrol.com

Mr. Finance Minister, through this budget, has tried to give a big push to infrastructure, incentivise savings through financial instruments and property particularly at the lower end, and focus on the inclusive growth agenda.

Mar 01, 2013 at 13:54 | Source:Moneycontrol.com

As promised, the Finance Minister has delivered a responsible budget with the objective of achieving higher all inclusive and sustainable economic growth.

Mar 01, 2013 at 12:41 | Source:Moneycontrol.com

The FM said he found Little room to give away tax revenues or raise tax rates in a constrained economy. So, no major benefits have been provided to the salaried professionals.

Feb 28, 2013 at 20:08 | Source:CNBC-TV18

The Union Budget presented by the Finance Minister P Chidamabaram did not go well with the opposition parties. In an interview to CNBC-TV18, Jay Panda of BJD says that the FM was under pressure to pull off a 'safe' Budget. He also adds that there was a desperate need of investment major highlight of Budget.

Feb 28, 2013 at 19:58 | Source:CNBC-TV18

Malvinder Mohan Singh, Chairman, Fortis Healthcare, spoke about his sectors' expectations.

Feb 28, 2013 at 19:32 | Source:Moneycontrol.com

The budget, with the limited availability of fiscal space, attempted to bring fiscal consolidation with lower fiscal deficit of 4.8% and simultaneously made higher allocations to various schemes to spur investments.

Feb 28, 2013 at 18:13 | Source:Moneycontrol.com

The budget has a high focus on social sector, while nothing new has been done specifically to spur infrastructure spending

Feb 28, 2013 at 16:53 | Source:Moneycontrol.com

Receipt Budget: The document provides an Abstract of Receipts at the very beginning followed by details of Tax Revenue, Non Tax Revenue and Capital Receipts.

Feb 28, 2013 at 16:52 | Source:Moneycontrol.com

The provisions of the Finance Bill, 2013 relating to direct taxes seek to amend the Income-tax Act, Wealth-tax Act and Finance (No.2) Act, 2004.

Feb 28, 2013 at 16:51 | Source:Moneycontrol.com

The Finance Bill, 2013: A bill to give effect to the financial proposals of the Central Government for the financial year 2013-2014.

Feb 28, 2013 at 16:12 | Source:Moneycontrol.com

If Palaniappan Chidambarams eighth budgethas not set the markets on fire, it can be easily explained: his first goal was to avoid doing damage to investor confidence, which is what his predecessor managed to do. And unlike his own 2008 budget, which set the stage for the economys long-term slide