Union Finance Minister P. Chidambaram addressing the Post-Budget Press Conference, in New Delhi on Thursday. Photo: Shanker Chakravarty

The Hindu Union Finance Minister P. Chidambaram addressing the Post-Budget Press Conference, in New Delhi on Thursday. Photo: Shanker Chakravarty

Chidambaram walks tight rope; levies tax on super-rich

Finance Minister keeps the basic slabs and income tax rates unchanged » 13 comments

Related: As CAD widens, govt hints at more steps to bridge gap
Opinion: Short-term gloom, long-term doom
Opinion: An opportunity missed

Plan for women’s bank gets the thumbs-up

A women’s bank has been one of Finance Minister P. Chidambaram’s more popular suggestions in the Union budget for 2013-14, but the only worry is that it shouldn’t create more bureaucratic hassles for women or end up as another public sector undertaking. » 1 comment

Chidambaram brings great credibility to the market with his ‘Budget in Motion’

It lends great credibilityto market »

Farm sector not addressed holistically

There has not been any big imposts or levies that could be called burdensome or pain on any one specific segment. »

Plan Expenditure 29.4% more than revised estimate

Faced with huge fiscal deficit, I had to rationalise expenditure, says Chidambaram »

Related: Blame it on Premji’s spirit
Related: Budget 2013-14: Middle class will pay more

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March 1, 2013

Welcome focus on fiscal consolidation: Adi Godrej

It is important for us to stay on the path of fiscal consolidation to reap the benefits of better growth prospects. »

Planning Commission member Abhijit Sen. Photo: Nagara Gopal

March 1, 2013

Not a giveaway budget, says Abhijit Sen

Business environment must become more efficient: Arun Maira »

NEW DELHI, March 1, 2013

A pre-poll lollipop, say trade unions

No fund has been allocated for the welfare of people living below the poverty line »

As much as 97 per cent of all telephone connections in the country are cellular. File Photo: Bhagya Prakash K.

March 1, 2013

Budget 2013-14: Middle class will pay more

AT first glance, the budget may appear harmless to the middle-class. In fact, it might even appear friendly what with all those improvements in housing loan deductions and stock market investments... »

The Chief Minister said the budget paid lip service to the cause of the common people, but did little to correct deeper structural issues. File photo

CHENNAI, March 1, 2013

‘Budget full of rhetoric, without tangible steps’

Anti-State mentality to the fore, says Jayalalithaa »

MUMBAI, March 1, 2013

CTT for non-agri commodities discriminatory: MCX

The government has introduced the Commodities Transaction Tax (CTT) at 0.1 per cent on non-agriculture futures contracts in a bid to widen its tax base, while the Securities Transaction Tax (STT)... »

Thiruvananthapuram, March 1, 2013

It's a mixed bag for the State

Mani may find additional tax revenue quite handy »

Finance Minister K.M. Mani, former Finance Minister T.M Thomas Issac, KPCC president Ramesh Chennithala entralled the audience with some clever wordplay at a discussion on the Union Budget organised by the Congress in Thiruvananthapuram on Thursday. Photo:S. Mahinsha

Thiruvananthapuram, March 1, 2013

Mani’s Budget tack has political Kerala talking

Minister concerned about inflation; Thomas Isaac in agreement with him »

SIVAGANGA, March 1, 2013

Budget 2013-14: Hope, scepticism on Chidambaram’s turf

A power cut — and general skepticism — in the constituency of Finance Minister P. Chidambaram meant his budget speech on Thursday went largely unnoticed amongst his electorate. But as the details... »