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 17:09 | Source: Moneycontrol.com
Measures for further expanding and deepening financial markets and facilitating foreign participation have also been announced. The budget is one part of overall economic policymaking and the budget presented today is a certainly a step forward in the series of initiatives announced by the government in recent months.
Mar 02, 2013 at 17:05 | Source: Moneycontrol.com
The Union Budget 2013-14 embodies strong features of promoting investment and putting the economy on the high growth path leading to inclusive and sustainable development.
Mar 02, 2013 at 17:01 | Source: Moneycontrol.com
This years budget is a workman-like balancing act and the government has done a decent job given the challenges in the economy. On the positive side we are happy to see the delivery on the fiscal promise-estimate at 5.2% FY13 & 4.8% FY14 but lack of further visibility on policy initiatives for the coming months is a disappointment.
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 02, 2013 at 14:04 | Source: Moneycontrol.com
FM's effort to fit everything somewhat scrappily into an omnibus policy has resulted in the lack of a cohesive grand plan to put the economy back on track.
Mar 02, 2013 at 13:48 | Source: Moneycontrol.com
The Union Budget 2013-14 is along predictable lines and is in sync with the Governments mantra to achieve growth leading to inclusive and sustainable development.
Mar 01, 2013 at 19:13 | Source: Moneycontrol.com
Insurance companies are now empowered to open branches in tier II cities without prior IRDA approval which is a good move and would facilitate penetration without much lag, except that there needs to be more clarity on the definition of Tier II markets.
Mar 01, 2013 at 19:00 | Source: Moneycontrol.com
The Union Budget 2013-14 presented today is a very realistic and balanced budget.