Live Budget News

Budget 2013: Budget expenditure may exceed limits: GEPL Capital  

01 Mar 2013, 5.39 pm  |  Source: Moneycontrol.com

GEPL Capital has come out with its post Budget analysis for 2013-14. According to the research firm, budgeted expenditures for FY2014 may get exceeded...

Union Budget 2013 - 14: An earnest effort to restore confidence: BoB CMD  

01 Mar 2013, 5.33 pm  |  Source: Moneycontrol.com

The four major macro concerns that have been weighing on the confidence of investors and rating agencies for the last several months are India's high ...

Budget 2013-14: Sectors which got affected  

01 Mar 2013, 5.26 pm  |  Source: Moneycontrol.com

Budget 2013-14: Sectors which got affected...

Budget Reactions: High-end autos cost more; export-duties cut: Khaitan & Co  

01 Mar 2013, 5.25 pm  |  Source: Moneycontrol.com

The Budget presented today seems to be favouring the common man as there were no dramatic changes in tax rates. ...

Budget 2013: FM uses Budget to heighten welfare focus: CARE Research  

01 Mar 2013, 5.20 pm  |  Source: Moneycontrol.com

The Indian economy is going through challenging times with GDP growth slowing down to 5% in FY13. Industrial activity has also come down sharply and w...

Budget 2013: No change in slabs, rate for personal tax: Mangal Keshav  

01 Mar 2013, 5.13 pm  |  Source: Moneycontrol.com

Mangal Keshav has come out with its report on highlights of Union Budget 2013-14....

Union Budget 2013 - 14: FM chants growth mantra as global mkts worry: Karvy  

01 Mar 2013, 5.12 pm  |  Source: Moneycontrol.com

Karvy Stock Broking has come out with its report on Union Budget 2013-14....

Budget Analysis: Chidambaram credible, but not Budget: Mohandas Pai  

01 Mar 2013, 5.04 pm  |  Source: CNBC-TV18

TV Mohandas Pai, chairman, Manipal Global Education, shared his view about the Budget. ...

Union Budget 2013 - 14: Laudable job in sticking to public commitments  

01 Mar 2013, 5.04 pm  |  Source: Moneycontrol.com

A challenging macro-economic situation, brought on both by domestic and global conditions. In this environment, the FM seems to have done a commendabl...

Budget Reactions: FM walks thin line to calm FIIs, lure retail eye: PwC  

01 Mar 2013, 4.49 pm  |  Source: Moneycontrol.com

The FM has walked the tight rope, attempting to reassure the foreign investor by making the process of investment more transparent and uncomplicated a...

Union Budget 2013 - 14: Focus on infrastructure is a positive: FINO CFO  

01 Mar 2013, 4.48 pm  |  Source: Moneycontrol.com

In the Union Budget 2013 Finance Minister - P Chidambaram presented a budget that appears "working" and has nothing exceptional to offer to fuel growt...

Budget Reactions: Govt eye on revenue offers no tax benefits: Sushil Finance  

01 Mar 2013, 3.45 pm  |  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 th...

Budget 2013: Now shell out more for mobile phones above Rs 2,000   

01 Mar 2013, 3.43 pm  |  Source: PTI

People aspiring to buy expensive smartphones like iPhones, Galaxy SIII or even mid-level Nokia Asha will have to shell out more now as the Budget for ...

Budget 2013: India Inc lauds FM's efforts to fix fisc  

01 Mar 2013, 3.43 pm  |  Source: PTI

India Inc broadly welcomed the absence of any harsh moves in the Budget presented by finance minister P Chidambaram today and termed it as "balanced" ...

Budget Reactions: Super-rich tax good move; laud FM's effort: Narayana Murthy   

01 Mar 2013, 3.43 pm  |  Source: CNBC-TV18

Finance Minister, P Chidambaram proposed to impose a 10 percent surcharge on people with income of more than Rs 1 crore in his Budget speech. Narayana...

Budget Reactions: Need GDP of 6.5-7% to boost fisc deficit target: Naina Lal   

01 Mar 2013, 3.43 pm  |  Source: CNBC-TV18

Naina Lal Kidwai, President of FICCI told CNBC-TV18, the Budget has covered as much as it could in terms of reviving the investment cycle. ...

Budget Reactions: Budget disappoints home seekers, realty industry: Summer  

01 Mar 2013, 3.43 pm  |  Source: Moneycontrol.com

It is a very disappointing Budget especially, for the home seekers and realty industry. One per cent of TDS on property of above Rs 50 lakh will disco...

Budget Reactions: Market will move on from boring Budget, says Samir Arora   

01 Mar 2013, 3.42 pm  |  Source: CNBC-TV18

Expectations were high from Budget 2013, but unluckily Finance Minister P Chidambaram failed to deliver. ...

Budget Analysis: Nothing new for Mutual Fund investors  

01 Mar 2013, 3.30 pm  |  Source: Moneycontrol.com

Mutual Fund industry was anticipating a Budget that would be just right. But it proved to be too cold! From an investor in Mutual Funds, there was not...

Live Market Updates: Sensex jumps 100 after FinMin clarifies on TRC; realty down  

01 Mar 2013, 3.28 pm  |  Source: Moneycontrol.com

Key equity benchmarks recover after the finance ministry clarified on finance minister P Chidambaram's tax residency certificates announcement, which ...

FM tax rules stump FIIs; investors seek clarity: Experts   

01 Mar 2013, 3.20 pm  |  Source: CNBC-TV18

Ashok Wadhwa of Ambit Capital believes use of the term, 'beneficial ownership' is worrying investors and its context is now key to interpreting what t...

Highlights of Union Budget 2013-14   

01 Mar 2013, 3.15 pm  |  Source: Moneycontrol.com

The Union finance minister today presented the Budget for the year 2013-14. Some of the key points that were highlighted by Chidambaram in the Budget ...

Where have all the men gone? Women, a bank and the FM  

01 Mar 2013, 3.09 pm  |  Source: Moneycontrol.com

The Budget speech of the FM for many parts sounded like a speech written by a women's liberation activist or a charming gentleman who knows how to ple...

The Twitterati gloss over Chidambaram`s Budget  

01 Mar 2013, 3.09 pm  |  Source: Moneycontrol.com

The Twitterati gloss over Chidambaram`s Budget...

S&P: Budget 2013 will not impact India's sovereign ratings  

01 Mar 2013, 3.01 pm  |  Source: Reuters

Standard & Poor's said on Thursday India's budget for the 2013/14 fiscal year would have no impact on the country's sovereign credit ratings, warning ...

Budget 2013: Budget paves way for lowering twin deficits: RBI  

01 Mar 2013, 3.01 pm  |  Source: PTI

The Reserve Bank today welcomed the General Budget, saying it has laid the foundation for lowering fiscal and current account deficits, apart from sup...

Budget Reactions: Income Tax little effect on salaried, rich :PwC India  

01 Mar 2013, 2.34 pm  |  Source: Moneycontrol.com

Granting of Rs 2000 tax rebate to those earning less than 5 lakhs hardly means anything keeping in view the current inflationary environment. ...

Budget Reactions: Women empowerment has multiple economic effect: PwC India  

01 Mar 2013, 2.28 pm  |  Source: Moneycontrol.com

It is true that the financial empowerment of women has multiplier effect on the well-being of families and therefore, of the economy....

Budget Reactions: Focus on housing, FDI & taxes positive: PwC India  

01 Mar 2013, 2.17 pm  |  Source: Moneycontrol.com

Budget 2013 looks positive for the housing sector, especially for first time owners. Infrastructure companies will also benefit. ...

Budget Reactions: Higher education allocation, focus on skill positive: PwC  

01 Mar 2013, 2.10 pm  |  Source: Moneycontrol.com

Increased allocations for RTE - SSA and for RMSA reiterate the government’s commitment towards strengthening school education. ...