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Budget News 2013

Mar 20, 2015 at 08:23 | Source: PTI
Calculating national income with 2011-12 as the base year, the CSO revised the growth for 2013-14 to 6.9 percent. Growth rate was earlier calculated with 2004-05 as base year. Members, during the debate on General Budget, contended that high growth rate as projected was not visible on the ground.
Mar 08, 2015 at 10:45 | Source: PTI
These imports have continued to rise from 2011-12, when they totalled Rs 59,447.40 crore, to Rs 61,539.01 crore in 2012-13. They reached Rs 74,116.21 crore in 2013-14, according to the government data.
Mar 01, 2015 at 13:45 | Source: Moneycontrol.com
"It's a budget with quite a number of incentives for the real estate sector. While disappointments remain as far as Smart City initiative and rental housing are concerned, the biggest plus is the allocation for infrastructure development," says Dhruv Agarwala, CEO, PropTiger.com.
Mar 01, 2015 at 13:44 | Source: Moneycontrol.com
"Fiscal deficit of 3.9 percent was bit disappointing after fiscal prudence path that was spelt out last year. There are number of steps/projects announced to encourage investment in infrastructure/made in India," according to Sanjay Chawla, Chief Investment Officer at Baroda Pioneer Mutual Fund.
Feb 28, 2015 at 19:40 | Source: Moneycontrol.com
According to Arjun Handa, Vice-Chairman & MD of Claris Lifesciences Ltd, Budget has given a good road map of not just the next year but also for the tenure of the government, implementation of long awaited GST and bringing the corporate tax rate to 25 percent would help in rationalising taxes.
Feb 28, 2015 at 19:11 | Source: Moneycontrol.com
Thomas John Muthoot, Chairman and Managing Director, Muthoot Fincorp is of the view that all three gold related announcements made by FM in today's budget are towards bringing out the locker gold into the formal system and facilitate transparency in the recycling sector and also reduce the dependency on imports.
Feb 28, 2015 at 19:06 | Source: Moneycontrol.com
Areas of concern include increase in service tax, no focus on coastal shipping as well as increase in clean energy cess on coal from Rs 100 to Rs 200 per tonne, says Alok Sanghi, Directorof Sanghi Industries.
Feb 28, 2015 at 19:05 | Source: Moneycontrol.com
According to Ritesh Jain, CIO, TATA Asset Management, The government chose to spell out its thought process for the next 4 years through the Union Budget 2015-16.
Feb 28, 2015 at 19:00 | Source: Moneycontrol.com
Just as the RBI has been 'bullet proofing' the external balance sheet we were hoping that the FM would take steps to do that for the governments balance sheet. In that context the budget was disappointing because it assumes a questionable growth rate, says Arvind Sethi, MD & CEO, TATA Asset Management.
Feb 28, 2015 at 18:24 | Source: Moneycontrol.com
Vivek Gambhir, Managing Director, Godrej Consumer Products Limited, says Finance Minister Arun Jaitley has walked the tightrope between fiscal prudence and much-needed reforms to kickstart the economy
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