'Tax dept to send notices to 35,000 assesses next week' Finance Minister P Chidambaram on Saturday said the revenue department will send tax notices to 35,000 assesses next week, beefing up efforts to reach the collection target for the fiscal. ...  
03:46 AM, Mar 03, 2013

Bank for women mere 'tokenism': Justice JS Verma Former Chief Justice of India JS Verma, who headed a panel that examined laws on crimes against women, on Saturday said in the absence of meaningful social change, measures like the proposed special bank for women were merely tokenism in quest for securing gender justice in the country. ...  
05:51 PM, Mar 02, 2013

GST will happen, is in India's interest: Montek Deputy chairman of the Planning Commission Montek Singh Ahluwalia said he is hopeful that the much delayed Goods and Services Tax (GST) will be implemented across the country no later than next year while speaking to Karan Thapar on Devil's Advocate. ...  
10:27 AM, Mar 02, 2013

Don't buy so much gold: P Chidambaram Finance Minister P Chidambaram appealed to people not to buy so much gold as a way of reducing hefty imports, speaking on television a day after his 2013/14 budget surprised traders by keeping gold import duty unchanged at 6 per cent. ...  
05:17 AM, Mar 02, 2013

FM seeks to reassure after tax proposal sparks alarm Finance Minister P Chidambaram sought to ease concerns it was targeting double taxation treaties on Friday, saying a proposal that sparked alarm among foreign investors was clumsily worded. ...  
04:10 AM, Mar 02, 2013

UPA will fight elections on plank of high growth: PC Finance Minister P Chidambaram on Friday said that the UPA will face 2014 General Elections on the plank of high growth and low inflation. Speaking to Shereen Bhan of CNBC TV18 in an exclusive interview, Chidambaram said that there isn't and never was a danger of rating downgrade for India. ...  
06:49 PM, Mar 01, 2013

In the present context, this could be the best possible Budget: Ashutosh Is the Budget 2013-14 drafted, keeping the 2014 general elections in mind? IBN7's Managing Editor Ashutosh shared his perspective in an interaction with IBNLive readers. ...  
06:17 PM, Mar 01, 2013

A pragmatic Budget given the tough economic realities: Meera Sanyal on Budget 2013 Is the Income Tax surcharge on the super-rich the right way? Meera Sanyal, Country Executive India, Royal Bank of Scotland Group (RBS Group), joined IBNLive readers for an interaction on the issue. ...  
06:10 PM, Mar 01, 2013

Budget can only indirectly influence the road to recovery: Sanjay Banerji Is the Union Budget 2013-14 the right thing for India? Professor of Finance at Nottingham University Business School Sanjay Banerji shared his perspective in an interaction with IBNLive readers. ...  
05:49 PM, Mar 01, 2013

Snapshot: P Chidambaram with his grand daughter Union Finance Minister P Chidambaram is wished luck by his grand daughter Aditi Nalini. ...  
02:23 PM, Mar 01, 2013

Does Nitish's praise of Budget hint at realignment?
by IBN7
Bihar Chief Minister Nitish Kumar, whose party JD(U) is an ally of the BJP, on Thursday lavished praise on Finance Minister P Chidambaram for Union Budget. Nitish Kumar's praising Chidambaram indicated that political permutations and combinations may soon change as his stand on the Union Budget is contradictory to the BJP's which criticised it for being nothing more than verbose. ...  
12:56 PM, Mar 01, 2013

Vivek Sengupta

Fresh air |

Make no mistake: Regardless of what pundits tell you, this is an election Budget prepared skillfully not just with a view to the upcoming Lok ...
11:28 AM, Mar 01, 2013

Markets give a thumbs down to Budget 2013-14

Investors sentiments were spooked because rules were tighten in the Budget 13-14 for those based in Mauritius, seeking to avoid double taxes. Overseas investors will also have to provide the certificate that they are the final beneficiaries apart from the residency certificate. ...
10:15 AM, Mar 01, 2013

Budget 2013: End the 'chalta hai' attitude, says Narayana Murthy Finance Minister P Chidambaram presented his eighth budget on Thursday, the last before the 2014 elections. Experts have called it a balancing budget aimed at reviving growth amid an economic slowdown. Reacting to the Budget, Infosys co-founder NR Narayana Murthy has questioned the laid back attitude of successive governments. ...  
09:02 AM, Mar 01, 2013

Budget 2013 gets mixed response, India Inc calls it good, Oppn slams it Finance Minister P Chidambaram's 'safety first' Budget has got a mixed response. While some say he is salvaging a bad situation, the Opposition has called it a missed opportunity. When asked whether the Budget is an adequate response to the challenge that the Indian economy is facing, BJP leader Arun Jaitley said, "Well I don't think it's an adequate response. The Finance Minister and the UPA had pushed the economy...  
08:00 AM, Mar 01, 2013

Six-fold increase in assistance for police modernisation
by IANS
The Home Ministry's budget outlay for 2013-14 has seen a six-fold hike in allocation for police modernisation and increase in funds for organisations dealing with terror threats. ...  
05:05 AM, Mar 01, 2013

Women find importance in Chidambaram's Budget Recent crime against women reflected in UPA-II government's last Budget, with Finance Minister P Chidambaram announcing an all-women public sector bank and unveiling a slew of gender sensitive initiatives. ...  
03:05 AM, Mar 01, 2013

'Uncertainty will be resolved, spectrum will be auctioned' Finance Minister P Chidambaram on Thursday expressed confidence that the present uncertainty in the telecom sector will be resolved and spectrum will be auctioned. "For the present there is lot of uncertainty about auction but I am sure that this uncertainty will be resolved and spectrum will be auctioned. If the spectrum is auctioned we should get the money," Chidambaram said. ...  
01:24 AM, Mar 01, 2013

Govt unveils new taxes on super rich in Budget 2013 Finance Minister P Chidambaram unveiled a surge in spending on Thursday, despite expectations of an austerity budget to shore up the government's finances, imposing new taxes on the rich and large companies to fund a dash for growth ahead of an election due by 2014. The extent of the slowdown gripping Asia's third-largest economy was underlined by data released just hours after Chidambaram delivered his budget for the coming fiscal...  
09:42 PM, Feb 28, 2013

Budget and you, with Subhash Lakhotia

With over 35 years of experience in the field of personal taxation, Subhash Lakhotia answers your queries on the Budget and what it has in store for you. ...
09:10 PM, Feb 28, 2013