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Identity scare for investors

If it was the General Anti-Avoidance Rules (GAAR) that scared investors a year ago, a troubling line in the Finance Bill today spooked investors and sent stocks to their worst post-budget performance in four years....   | Read..
 

Between deficit devil & growth imperative

P. Chidambaram is a man of words. The Harvard-educated finance minister delivered on his promise – made before international investors during his recent roadshows in Singapore...   | Read..
 

Rich club of ‘only’ 42800

The following are excerpts from Part B (tax proposals) of P. Chidambaram’s budget speech....   | Read..
 

Direct taxes

Income tax : No change in slabs or rates of personal income tax ...   | Read..
 

Indirect taxes

Service tax : Vocational courses offered by institutes affiliated to the State Council of Vocational Training and testing activities in agriculture included in the negative list for service tax....   | Read..
 

There is an affluent class in India that consumes imported luxury goods such as high-end motor vehicles, motorcycles, yachts and similar vessels. I am sure they will not mind paying a little more. Hence, I propose to increase the duty…
P. Chidambaram
In Union budget 2013-14


 Press Releases
 

Earn less, gain more

Rajeswari Sarkar (25) is an IT professional working in Chennai. While she is not against taxes, she wants services and...   | Read..
 

My money

Dull dreams ...   | Read..
 

A few hurdles to the joyride

PwC India lists the key takeaways and disappointments for various sectors...   | Read..
 

HOW THE ABC RATE IT

The Telegraph puts five questions to students of the country’s top business schools...   | Read..
 

Industry pat for prudence

Corporate India praises Chidambaram for not going overboard and focusing more on fiscal correction. Social sector spending an...   | Read..
 

Who watches, who doesn’t

Actors, a moviemaker and an activist bust some budget myths...   | Read..
 

For polls? Poles apart

From curbing prices to boosting growth, the expectations were high from P. Chidambaram, who quotes Joseph Stiglitz and Thiruv...   | Read..
 

Plenty to cheer for in infrastructure

As a student at Wharton for the last four years, I did not possess even a tenth of the inquisitiveness about the Union Bud...   | Read..
 

Heavy reliance on govt a worry

Times are tough … surely! So much so that any non-negative is beginning to be seen as positive. By this approach, in not b...   | Read..
 

Cigarettes get the stick in revenue quest

Finance minister P. Chidambaram today proposed to increase “specific excise duty” on cigarettes to increase ...   | Read..
 

PC lends support to Bengal farm, port

Bengal found a special mention in the budget with the finance minister P. Chidambaram allocating Rs 1,000 crore for gree...   | Read..
 

Chip makers get duty relief

The electronics and semiconductor industry is set to receive a fillip with finance minister P. Chidambaram proposing inc...   | Read..
 

Eye on procedure for revenue lift

The finance minister had a difficult task of balancing the objectives of maintaining growth momentum while moving along th...   | Read..
 

Right mix of growth and equality

Year 2012 for India will be remembered as one of those years when the economy was at crossroads. ...   | Read..
 

Convention guides indirect tax tweak

Chidambaram, before announcing the tax proposals, made it amply clear that clarity in tax laws, a stable tax regime, a non-co...   | Read..
 

Ambitious spectrum sale goal

The government, which will miss its revenue collection target from spectrum sale and one-time telecom fees by two-thirds...   | Read..
 

Commodity tax a turn-off

The budget had bad news for commodity exchanges and players in that segment with finance minister P. Chidambaram introdu...   | Read..
 

Reality check on realty

The benefit of an additional interest deduction of Rs 1 lakh on home loans of up to Rs 25 lakh for first-time home buyer...   | Read..
 

Fuel subsidy slashed 32%

The kitchen budget is likely to take a hit with the price of domestic LPG cylinder and diesel poised for a hike followin...   | Read..
 

Exercise both reformist & populist

The backdrop to the budget was that of a global economic slowdown, efforts by all central bankers to provide monetary stim...   | Read..
 

Royal snub to royalty

Finance minister P. Chidambaram today announced a hike in the rate of tax on royalty to 25 per cent from 10 per cent, a ...   | Read..
 

Fillip to manufacturing

Finance minister P. Chidambaram today unveiled a scheme to boost the struggling manufacturing sector in the country by i...   | Read..
 

Divestment dreams

The government has set an ambitious and highest-ever divestment target of Rs 55,814 crore during fiscal 2013-14, which i...   | Read..
 

Shell out more to own a Harley

The latest Porsche car or Harley Davidson bike are set to get costlier with finance minister P. Chidambaram today hiking...   | Read..
 

How to read the stock tables

The Telegraph stock quotations are presented in an easy-to-read, sector-wise format that helps peer group comparison. ...   | Read..
 

Policy bouquet to pave way for inclusive growth

The Lok Sabha elections are due in 2014 and the dilemma for finance minister P. Chidambaram would have been whether to int...   | Read..
 

Private equity expected more from FM

Private equity and venture capital investments have been a part of India’s growth story and have witnessed a plethor...   | Read..
 

Sector Snapshot

PPP route to boost coal production...   | Read..
 

Industry Speak

Chanda Kochhar...   | Read..
 

Job done with passion and confidence

At this moment in time, the country is going through an economic challenge that is comparable to three earlier occasions i...   | Read..
 

Balancing growth & populist pressures

The Union budget was presented on the back of high expectations. It was expected to be populist; at the same time, it was ...   | Read..
 

FM sends out the right signals across sectors

Given the current state of the economy where economic growth has fallen to a decadal low, the finance minister has done a ...   | Read..
 
 
 
 
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