




Ashok Wadhwa of Ambit Capital believes use of the term, 'beneficial ownership' is worrying investors and its context is now key to interpreting what the Finance Ministry intends to do. He also added that Chidambaram's intent seems to continue honouring the Mauritius route.
The appointment of new road regulator is a welcome move, Isaac George, Dir-Fin & CEO-Transportation, GVK Power told CNBC-TV18 cheering Budget 2013.
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 Murthy, Chairman Emeritus of Infosys lauds the minister's effort in this direction stating that in a country where poverty is rampant, this kind of a tax will be peanuts for those who earn more.
Reiterating Prime Minister, Manmohan Singh‘s view on the Union Budget announced today, Commerce Minister, Anand Sharma said that the Budget is one made under a challenging economic backdrop.
Parthasarathi Shome, advisor to the Finance Minister, explains on CNBC-TV18 why the tax residency certificate issue should not spark off fears for foreign institutional investors again.
Sanjay Singh, associate director at Standard Chartered Securities India Ltd, tells CNBC-TV18 that ITC could see earning fall by 1.5% in the coming year due to the 18% hike in excise duty.
Finance Minister P Chidambaram tried to downplay the final Budget of UPA's current term in his media interaction, saying that Budget was simply one event in a series of actions.
In his Budget speech, Finance Minister P Chidambaram today said announced his intention to widen the tax base. Ashwani Kumar, Law Minister believes the FM has laid a strong edifice and a foundation for consolidating the Indian for the future.
In an interview to CNBC-TV18 Montek Singh Ahluwalia, deputy chairman of Planning Commission shared his reading for the Union Budget 2013.
Former Finance Minister and senior leader of BJP Yashwant Sinha feels, the Budget announced by P Chidambaram was insipid.
Rana Kapoor, Founder & CEO, Yes Bank shares his view on the Union Budget 2013.
Vibhav Kapoor, Director, IL&FS stands in full support to the Union Budget 2013-14 presented by Union Finance Minister P Chidambaram in the Lok Sabha today. He told CNBC-TV18 that the finance minister had a very difficult job to do because there was no money available. With the limited options he has done a decent job.
Expectations were high from Budget 2013, but unluckily Finance Minister P Chidambaram failed to deliver.
Vallabh Bhanshali, Chairman, Enam Securities Pvt Ltd says the FM has done more good than bad. One is boost to investment climate and two, initiatives like the two new corridors.
Budget 2013 Analysis: Private companies in liquidation as directors liability increased.
To encourage investment in the infrastructure sector, some financial institutions have been allowed to raise about Rs 50,000 crore from tax-free bonds in 2013-14.
P Chidambaram came out with slew of measures to boost economy in hits Union Budget Speech for 2013-14.
The Finance Minister - P Chidambaram proposed to set up a state-owned bank exclusively for women. The proposed bank will mostly do business with women and also, it will be run by women. By October, 2013; the licence would be issued by October, 2013.
With the Union Budget just a couple of hours away, expectations are running sky high from what finance minister P Chidambaram might announce to boost the sagging economy.
With the Union Budget just a couple of hours away, expectations are running sky high from what finance minister P Chidambaram might announce to boost the sagging economy.