UNION BUDGET 2013 2014

Union Budgets over the years

Finance Minister Pranab Mukherjee had on February 28, 2011, proposed aggressive cuts in the fiscal deficit and a small increase in overall government spending for the fiscal year beginning April 1.

Budget 2014-15: Government of FDI, by FDI and for FDI, says Mamata

"The budget is visionless, missionless and actionless from the angle of the common people. It is not going to stimulate growth and development of the poor," Banerjee said in a Facebook post.

Tax concessions for life insurance sector likely in Budget 2013

Life insurance policyholders can look forward to more tax concessions in Budget 2013 as the finance ministry is considering a proposal to do away with service tax on first premium and create separate exemption limit for pension schemes.

Finance ministers and budgets

Finance ministers and budgets

Railway Ministers over the years

Railway Ministers over the years

The Budget war: How Chidambaram and Pranab added to economy's woes

The UPA's 10 budgets have been presented by two finance ministers, P. Chidambaram and Pranab Mukherjee. Despite being from the same political party, Chidambaram and Mukherjee have tried to undo each other's work, adding to the economy's problems.

Chidambaram stands his ground on service tax

Finance minister P. Chidamabram has ruled out rollback of the budgetary proposal that aims to empower taxmen to arrest those guilty of not paying service tax exceeding Rs 50 lakh arguing that it is a step not against the consumer but the tax evader.

Budget 2013/14 assumes the economy will perform better

Budget 2013/14 assumes the economy will perform better than in the previous year and tax administration will be much more efficient.

Budget 2013: Why India needs a bank for women

A bank exclusively for women, as announced in the Budget, is a good idea. The government hopes to launch the bank in October with an initial capital of Rs 1,000 crore. But how effective the bank is will depend on the business model it adopts and how it innovates to best cater to women's needs.

Budget 2013:'Provide an impetus to the non-life insurance industry'

Joydeep Roy, CEO and whole-time Director, L&T Insurance, says non-life insurance penetration as well as per capita insurance premium is very low and the industry has a very high potential to grow.

Post-Budget 2013: Chidambaram stands by decision to hike duty on SUVs

The finance minister in his post-Budget meeting with industry captains also assured them of more decisions, mainly on indirect taxes, to be announced during the course of debate on the Budget and Finance Bill in Parliament.

Chidambaram's budget credit positive for rating: Moody's

Giving thumbs up to the Union Budget 2013,  the global rating agency applauds Finance Minister P Chidambaram's Budget saying that it pursues realistic fiscal consolidation path and is 'credit positive'.

More power for taxmen faces stiff opposition

A sensible budget within tight constraints

Budget aims at plugging tax leakages in property tax

Budget to give fillip to campus entrepreneurs

Raising the skill quotient

Good chance for Fab to come

Women's bank welcome: SEWA Bank MD

In Budget 2013, Finance Minister P Chidambaram has announced the setting up of "India's first Women's Bank as a public sector bank".

Chidambaram 'Hangout' with common man on Budget today

The finance minister will participate in a 'Google+ Hangout', answering questions about the Budget and the state of the economy to the masses at 8 pm tonight.

Budget 2013: Bank KYC will make buying insurance simpler

Finance Minister P Chidambaram also announced that insurance companies would be allowed to open branches in Tier-II and below cities without the prior approval of the Insurance Regulatory and Development Authority of India.