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    Budget 2013 14

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    • Finance Bill to be tabled on Tuesday with 12 amendments

      After a logjam of five days, Parliament will finally be functioning tomorrow as the Finance Bill 2013 is likely to be tabled tomorrow with close to 12 amendments, reports CNBC-TV18‘s Aakansha Sethi.

    • Chidambaram expects growth rate to move up to 7% in 2 years

      Seeking to dispel fears over the state of economy, Finance Minister P Chidambaram today said the country will return to high growth of 7 per cent in two years and promised adequate public spending to stimulate it.

    • India needs good rating from international agencies: Shome

      India needs good rating from global credit rating agencies to help bolster foreign capital flows into the country, Union Finance Ministry advisor Parthasarathi Shome said today.

    • Rs 40Kcr divestment target stretched but achievable: ICICI

      ICICI Bank head Chanda Kochhar sees no visible signs of investment cycle picking up in the near-future.

    • 'Optimistic about Indian exports touching $300bn in FY13'

      Commerce and Industry Minister Anand Sharma today said he is optimistic about India touching the USD 300 billion-mark in exports this fiscal although it remains a challenge.

    • Budget-making not one-stop exercise: FM to India Inc

      Finance Minister P Chidambaram on Monday had a post Budget meeting with representatives of industry associations.

    • Union Budget 2013 - 14: Time to realign your finances

      It has neither given you much nor has it taken things away from you – that is probably a better way to put Budget 2013-14.

    • Union Budget 2013 - 14: Adherence to fiscal consolidation, says ICICI Economist

      The Finance Minister has broadly delivered on his commitment of a budget that adheres to a path of fiscal consolidation while simultaneously attempting to support medium term growth pillars as were emphasised in the Economic Survey, with focus on agriculture, social development, infrastructure and investments.

    • Budget Analysis: Foreign land's TRC credibility can't be questioned says BMR

      Mukesh Butani of BMR Advisors believes the Finance Ministry‘s clarification on the tax residency certificates (TRC) have helped drive away investors' fears.

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

      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 fiscal and current account deficits and the dwindling savings and investment rates. And in my opinion, the Budget has effectively addressed all these issues.

    • EY's Budget 2013-14 Analysis

      On 28 February 2013, the Honorable Finance Minister of India presented in the Parliament the country's Union Budget for 2013-14, containing proposals on direct and indirect taxes, and key policy initiatives.

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

      In the Union Budget 2013 Finance Minister - P Chidambaram presented a budget that appears "working" and has nothing exceptional to offer to fuel growth. While there are many things that could have been done, focus on infrastructure certainly is a positive step that could result in growth for allied sectors.

    • Confusion on TRC could have been avoided: Khaitan & Co

      The finance minister‘s aim should be to remove uncertainties relating to investment climate rather than creating further confusions, says Daksha Baxi of Khaitan & Co

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

      A challenging macro-economic situation, brought on both by domestic and global conditions. In this environment, the FM seems to have done a commendable job in sticking to some very public commitments made, in the past few months, regarding the level of the budget deficit.

    • Budget Analysis: FM's Budget 2013 speech far from ground reality, says KPMG

      Finance Minister spoke of many administrative and economy reforms in his Budget 2013-14 speech, but they seems to be far from ground reality, believes Bhavna Doshi of KPMG.

    • Budget 2013 India: Risk of slippage in FY14 fiscal deficit remains, says CLSA

      P Chidambaram could have tried his best to arrest the widening fiscal deficit in the Budget, but the risk of slippage in 2013-14 fiscal deficit still continues, believes Rajeev Malik of CLSA.

    • Budget 2013: Panel to monitor business cost is welcome, says DHL Express

      The decision by the government to establish a panel to monitor the costs of doing business in India is a welcome move. Logistics companies will hope that this would lead to bold initiatives to reduce transaction costs of trading across India‘s international as well as state domestic borders

    • Budget Reactions: Economists believe FY13 GDP will be close to 5.5%

      Economist and financial experts believe that Gross Domestic Product in 2012-13 will be close to 5.5%, despite Oct-Dec GDP coming much below market expectations.

    • Budget 2013: Need to open up our financial market, says Malvinder Singh

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

    • Union Budget 2013 - 14: Promising Economic Growth

      The budget has tried to reduce the spending of the investors while not having too much of an impact on their investments. Although the markets have reacted negatively to some of the revenue enhancing measures that have been announced we are of the view that the UPA government has presented a responsible and prudent budget.

    • Budget 2013 Live: Introducing Direct Tax Code Bill is good, says JSW Steel

      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.

    • Budget Analysis: Budget impact on your fixed income investments

      The one big day of the year, which almost all of the taxpayers and investors await, is today. It is the Budget Day. Read this space to know what Budget has stored for the fixed income investments.

    • Budget Analysis: Attaining fiscal deficit target of 4.8% is a challenge

      It was up to the finance minister to appease the trinity of Growth-Fiscal Deficit and Current Account deficit. In trying to do so, the finance minister has put a slightly challenging fiscal deficit target of 4.8% for FY14, reckons Lakshmi Iyer

    • Budget Analysis: Budget impact on you and your investments

      There was nothing exceptional in this budget. There are many announcements some of which will have a positive impact on our wallets and some that will really take out money out of our wallet, reckons Amar Pandit

    • Budget Analysis: Emphasis on infra spend is limited, says Essar Ports

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

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