12:44 PM – No revision in tax slabs, Tax credit of Rs 2000 for income upto Rs 5 lakh
12:42 PM – FM: Increase in import duty on high end motor vehicles from 75% to 100%; and on motor cycles from 60% to 75%
12:41 PM – Service tax to be levied on all air conditioned restaurants
12:40 PM – Budget 2013: Excise duty raised by18% for cigarettes
12:39 PM – FM: Mobiles phones enjoy a concessional excise duty of 1%, that will not change. For phones priced at more than Rs 2000, I propose to increase duty to 6%
12:38 PM – Excise duty on SUVs raised from 27% to 30%. Will not apply to SUVs registered as taxis
12:38 PM – Budget 2013: Exempts imported ships and vessels from dut
12:38 PM – Budget 2013: Duty cut on leather, leather good machines
12:36 PM – Budget 2013: Higher customs duty on set top boxes
12:36 PM – Budget 2013: To levy 2% customs, CVD on coal imports
12:35 PM – Investor with stake of 10 per cent or less will be treated as FII; any stake more than 10 per cent will be treated as FDI
12:35 PM – Rashtriya Swasthya Bima Yojana benefit will be extended to rickshaw pullers, auto and taxi drivers and sanitation worker
12:35 PM – Budget 2013: Customs duty unchanged for non agri products
12:34 PM – Budget 2013: Extend tax benefit to electrical vehicles
12:34 PM – Budget 2013: No change in peak basic customs duty
12:34 PM – Budget 2013: Modified GAAR to come into effect from Apr, 1 2016
12:34 PM – Budget 2013: Direct Tax Code remains work in progress
12:31 PM – FM: To levy CTT on non agri futures at 0.01%
12:31 PM – FM: To levy CTT on non agri futures at 0.01%
12:30 PM – Budget 2013: Agri commodity futures exempt from CTT
12:30 PM – STT rates cut on equity futures to 0.01% from 0.017%
12:29 PM – Immovable Property transaction: TDS of 1% to be levied on transactions above Rs 50 lakh
12:27 PM – FM extends tax cut benefit to rupee infrastructure funds
12:25 PM – Budget 2013: Imposes 5-10% surcharge on local companies income above Rs 10 crore
12:25 PM – Budget 2013: Education cess to continue
12:25 PM – Budget 2013: Raised surcharge for only one financial year
12:22 PM – Surcharge of 10% on Rs 1 crore plus income earners
12:22 PM – Budget 2013: No plans to revise direct tax rates
12:22 PM – Surcharge of 10% on Rs 1 crore plus income earners
12:19 PM – FM: No revision in the tax slabs
12:19 PM – FM: Financial Sector Legislative Reforms Commission (FSLRC) to submit its report next month
12:18 PM – Budget 2013: FY14 revenue deficit at 3.3%
12:17 PM – FM: Assure that the DBT will be rolled out during the term of the UPA Govt
12:19 PM – FM: No revision in the tax slabs
12:19 PM – FM: Financial Sector Legislative Reforms Commission (FSLRC) to submit its report next month
12:18 PM – Budget 2013: FY14 revenue deficit at 3.3%
12:17 PM – FM: Assure that the DBT will be rolled out during the term of the UPA Govt
12:17 PM – Budget 2013: FY14 fiscal deficit at 4.8%
12:16 PM – Budget 2013: Plan expenditure for FY14 at 5.55 lakh crores
12:16 PM – FM: Fiscal deficit for current fiscal estimated at 5.2%
12:15 PM – FM: To allocate Rs 1000 crore to extend skills of youth
12:14 PM – Budget 2013: To allocate 532 crores for core banking at post offices
12:13 PM – FM: Nirbhaya Fund with a corpus of Rs 1000 cr to be set up for girl child welfare
12:13 PM – FM: To transfer Rs 5.87 lakh crore to states and Union Territories
12:11 PM – Budget 2013: FII can hedge forex exposure through ETFs
12:11 PM – FM: Simplified norms planned for foreign portfolio investors
12:10 PM – FM: To auction 839 licenses for FM network to cover all India
12:09 PM – FM: To expand private FM radio to 294 cities
12:09 PM – FM: Govt to set up National Institute of Sports Coaches
12:08 PM – Budget 2013: Increased allocation in defence to Rs 2.03 lakh crore in FY 14
12:07 PM – FM: Govt to construct power transmission system from Srinagar to Leh at the cost of Rs 1,840 crore, Rs 226 crore provided in current Budget
12:06 PM – Budget 2013: Allocation in defence increased
12:03 PM – FM: Pension funds will be allowed to invest in ETFs
12:03 PM – Budget 2013: Stock exchange to introduce dedicated debt segment
12:01 PM – Budget 2013: SEBI to simplify KYC norms governing foreign investors
12:01 PM – FM: A company investing Rs 100 crore or more in plant and machinery in April 1, 2013 to March 31, 2015 will be allowed 15 per cent investment deduction allowance apart from depreciation
12:00 PM – Budget 2013: To streamline FII registration via designated brokers
11:59 AM – FM: I believe that India’s capital market is the world’s best regulated market
11:57 AM – Budget 2013: To allocate Rs 2000 crore for Urban Housing fund
11:56 AM – FM: Propose to provide Rs 600 cr to rural housing fund in 2013-14
11:55 AM – Budget 2013: Woman’s bank license to be in place by Oct, 2013
11:55 AM – Budget 2013: All PSU banks branches to have ATMs by March, 2014
11:54 AM – India’s first women’s Public sector bank to be set up
11:52 AM – FM: To allocate Rs 14,000 crore for capital infusion for public sector banks
11:51 AM – Rajiv Gandhi Equity Scheme limit hiked
11:51 AM – Budget 2013: Textile Upgradation Fund seen at 1.51 lakh crore in the 12th Plan
11:51 AM – Indian Institute of Biotechnology will be set up at Ranchi
11:50 AM – Budget 2013: To allocate 2400 crore for textile tech upgradation
11:50 AM – FM: Term loans at a concessional rate of 6% for handloom sector
11:49 AM – FM proposes zero customs duty for electrical plants and machinery
11:48 AM – Budget 2013: To double SIDBI’s refinance capacity to Rs 10000 crores
11:46 AM – Budget 2013: Coal imports to raise to 185 mn tones in 2016-17
11:45 AM – Budget 2013: To provide more finance to industrial corridors
11:45 AM – Budget 2013: To launch two new industrial cities in Gujarat and Maharashtra
11:45 AM – Budget 2013: Home loans under Rs 20 lakh to get additional 1 lakh deduction
11:42 AM – Preparatory work started for Bengalooru-Mumbai Industrial Corridor
11:42 AM – Gold – RGESS will be liberalised & the investor will be allowed to invest in mutual funds.
11:40 AM – Budget 2013: Rajiv Gandhi Equity scheme to be liberalized
11:35 AM – Budget 2013: Targets Rs 1 trillion in infrastructure in the 12th plan
11:35 AM – Budget 2013: Targets Rs 1 trillion in infrastructure in the 12th plan
11:33 AM – FM: To allocate additional Rs 10,000 crore for Food Security Bill
11:33 AM – FM: To allocate Rs 307 crore for National Livestock Mission
11:32 AM – FM: Rs 10,000 cr additional funds set aside for Food Security
11:32 AM – Budget 2013: Rs 9954 crore allocated for Rashtriya Krishi Vikas in FY 14
11:31 AM – Budget 2013: FY 14 farm credit target at Rs 7 lakh crore
11:30 AM – Budget 2013: Rs 250 crore allocated for Food security mission
11:30 AM – Budget 2013: Rs 1000 core allocated for Green revolution in East India
11:29 AM – FM: Rs 5387 crore allocated for water savings plans
11:28 AM – FM: A farmer who repays his loan will get credit at 4%
11:27 AM – Budget 2013: Outlay under JNURM doubles
11:27 AM – FM: To allocate Rs 27,049 cr for Agri Ministry
11:26 AM – Budget 2013: To purchase 10000 buses under JNURM
11:26 AM – Budget 2013: Rs 14873 crore allocated to JNURM
11:25 AM – FM: JNNURM being continued in 12th Plan
11:25 AM – Budget 2013: Allocation of Rs 37330 crore for healthcare
11:23 AM – Budget 2013: Rs 1400 crore for water purification plants
11:23 AM – Budget 2013: To allocate Rs 15260 crore for water, sanitation
11:22 AM – Budget 2013: To allocate Rs 17700 core for child and women welfare
11:21 AM – FM: To allocate Rs 13215 crore for mid day meal scheme
11:20 AM – Budget 2013: To allocate Rs 65867 crore to education ministry, up 17%
11:19 AM – FM: To allocate Rs 1106 crore for alternative medicine industry
11:18 AM – FM: Propose to allocate rs 65,867 crore to HRD ministry
11:18 AM – FM: To provide more than Rs 4200 crore for medical studies
11:17 AM – FM: To increase allocation for health, family welfare
11:17 AM – FM: FY14 expenditure seen at Rs 16.65 lakh crore
11:17 AM – FM: FY14 plan expenditure to be 30% higher
11:16 AM – Budget 2013: To allocate more than Rs 25000 core for tribal welfare
11:15 AM – FM: To allocate more than Rs 25,000 cr for tribal welfare
11:15 AM – FM: To allocate Rs 41,536 cr for SC, ST
11:14 AM – Budget 2013: FY 14 Total expenditure at Rs 16.65 lakh crores Budget 2013
11:14 AM – FM: Plan expenditure seen at Rs 5.53 lakh crore
11:13 AM – FM: My worry is current account deficit
11:12 AM – FM: Have provided sufficient funds to each Ministry
11:11 AM – Budget 2013: Government cut expenditure to reign in fiscal deficit
11:11 AM – FM: We have retrieved some economic space
11:10 AM – Budget 2013: Foreign investment is an imperative to cut current account deficit
11:10 AM – FM: I have no choice but to rationalise expenditure
11:07 AM – FM: Economy has slowed down after 2010
11:07 AM – FM: High growth not beyond our capacity
11:06 AM – FM: Only China, Indonesia ahead of India
11:06 AM – Budget 2013: Goal remains higher growth leading to inclusive change
11:05 AM – FM: Growth rate under UPA was highest
12:42 PM – FM: Increase in import duty on high end motor vehicles from 75% to 100%; and on motor cycles from 60% to 75%
12:41 PM – Service tax to be levied on all air conditioned restaurants
12:40 PM – Budget 2013: Excise duty raised by18% for cigarettes
12:39 PM – FM: Mobiles phones enjoy a concessional excise duty of 1%, that will not change. For phones priced at more than Rs 2000, I propose to increase duty to 6%
12:38 PM – Excise duty on SUVs raised from 27% to 30%. Will not apply to SUVs registered as taxis
12:38 PM – Budget 2013: Exempts imported ships and vessels from dut
12:38 PM – Budget 2013: Duty cut on leather, leather good machines
12:36 PM – Budget 2013: Higher customs duty on set top boxes
12:36 PM – Budget 2013: To levy 2% customs, CVD on coal imports
12:35 PM – Investor with stake of 10 per cent or less will be treated as FII; any stake more than 10 per cent will be treated as FDI
12:35 PM – Rashtriya Swasthya Bima Yojana benefit will be extended to rickshaw pullers, auto and taxi drivers and sanitation worker
12:35 PM – Budget 2013: Customs duty unchanged for non agri products
12:34 PM – Budget 2013: Extend tax benefit to electrical vehicles
12:34 PM – Budget 2013: No change in peak basic customs duty
12:34 PM – Budget 2013: Modified GAAR to come into effect from Apr, 1 2016
12:34 PM – Budget 2013: Direct Tax Code remains work in progress
12:31 PM – FM: To levy CTT on non agri futures at 0.01%
12:31 PM – FM: To levy CTT on non agri futures at 0.01%
12:30 PM – Budget 2013: Agri commodity futures exempt from CTT
12:30 PM – STT rates cut on equity futures to 0.01% from 0.017%
12:29 PM – Immovable Property transaction: TDS of 1% to be levied on transactions above Rs 50 lakh
12:27 PM – FM extends tax cut benefit to rupee infrastructure funds
12:25 PM – Budget 2013: Imposes 5-10% surcharge on local companies income above Rs 10 crore
12:25 PM – Budget 2013: Education cess to continue
12:25 PM – Budget 2013: Raised surcharge for only one financial year
12:22 PM – Surcharge of 10% on Rs 1 crore plus income earners
12:22 PM – Budget 2013: No plans to revise direct tax rates
12:22 PM – Surcharge of 10% on Rs 1 crore plus income earners
12:19 PM – FM: No revision in the tax slabs
12:19 PM – FM: Financial Sector Legislative Reforms Commission (FSLRC) to submit its report next month
12:18 PM – Budget 2013: FY14 revenue deficit at 3.3%
12:17 PM – FM: Assure that the DBT will be rolled out during the term of the UPA Govt
12:19 PM – FM: No revision in the tax slabs
12:19 PM – FM: Financial Sector Legislative Reforms Commission (FSLRC) to submit its report next month
12:18 PM – Budget 2013: FY14 revenue deficit at 3.3%
12:17 PM – FM: Assure that the DBT will be rolled out during the term of the UPA Govt
12:17 PM – Budget 2013: FY14 fiscal deficit at 4.8%
12:16 PM – Budget 2013: Plan expenditure for FY14 at 5.55 lakh crores
12:16 PM – FM: Fiscal deficit for current fiscal estimated at 5.2%
12:15 PM – FM: To allocate Rs 1000 crore to extend skills of youth
12:14 PM – Budget 2013: To allocate 532 crores for core banking at post offices
12:13 PM – FM: Nirbhaya Fund with a corpus of Rs 1000 cr to be set up for girl child welfare
12:13 PM – FM: To transfer Rs 5.87 lakh crore to states and Union Territories
12:11 PM – Budget 2013: FII can hedge forex exposure through ETFs
12:11 PM – FM: Simplified norms planned for foreign portfolio investors
12:10 PM – FM: To auction 839 licenses for FM network to cover all India
12:09 PM – FM: To expand private FM radio to 294 cities
12:09 PM – FM: Govt to set up National Institute of Sports Coaches
12:08 PM – Budget 2013: Increased allocation in defence to Rs 2.03 lakh crore in FY 14
12:07 PM – FM: Govt to construct power transmission system from Srinagar to Leh at the cost of Rs 1,840 crore, Rs 226 crore provided in current Budget
12:06 PM – Budget 2013: Allocation in defence increased
12:03 PM – FM: Pension funds will be allowed to invest in ETFs
12:03 PM – Budget 2013: Stock exchange to introduce dedicated debt segment
12:01 PM – Budget 2013: SEBI to simplify KYC norms governing foreign investors
12:01 PM – FM: A company investing Rs 100 crore or more in plant and machinery in April 1, 2013 to March 31, 2015 will be allowed 15 per cent investment deduction allowance apart from depreciation
12:00 PM – Budget 2013: To streamline FII registration via designated brokers
11:59 AM – FM: I believe that India’s capital market is the world’s best regulated market
11:57 AM – Budget 2013: To allocate Rs 2000 crore for Urban Housing fund
11:56 AM – FM: Propose to provide Rs 600 cr to rural housing fund in 2013-14
11:55 AM – Budget 2013: Woman’s bank license to be in place by Oct, 2013
11:55 AM – Budget 2013: All PSU banks branches to have ATMs by March, 2014
11:54 AM – India’s first women’s Public sector bank to be set up
11:52 AM – FM: To allocate Rs 14,000 crore for capital infusion for public sector banks
11:51 AM – Rajiv Gandhi Equity Scheme limit hiked
11:51 AM – Budget 2013: Textile Upgradation Fund seen at 1.51 lakh crore in the 12th Plan
11:51 AM – Indian Institute of Biotechnology will be set up at Ranchi
11:50 AM – Budget 2013: To allocate 2400 crore for textile tech upgradation
11:50 AM – FM: Term loans at a concessional rate of 6% for handloom sector
11:49 AM – FM proposes zero customs duty for electrical plants and machinery
11:48 AM – Budget 2013: To double SIDBI’s refinance capacity to Rs 10000 crores
11:46 AM – Budget 2013: Coal imports to raise to 185 mn tones in 2016-17
11:45 AM – Budget 2013: To provide more finance to industrial corridors
11:45 AM – Budget 2013: To launch two new industrial cities in Gujarat and Maharashtra
11:45 AM – Budget 2013: Home loans under Rs 20 lakh to get additional 1 lakh deduction
11:42 AM – Preparatory work started for Bengalooru-Mumbai Industrial Corridor
11:42 AM – Gold – RGESS will be liberalised & the investor will be allowed to invest in mutual funds.
11:40 AM – Budget 2013: Rajiv Gandhi Equity scheme to be liberalized
11:35 AM – Budget 2013: Targets Rs 1 trillion in infrastructure in the 12th plan
11:35 AM – Budget 2013: Targets Rs 1 trillion in infrastructure in the 12th plan
11:33 AM – FM: To allocate additional Rs 10,000 crore for Food Security Bill
11:33 AM – FM: To allocate Rs 307 crore for National Livestock Mission
11:32 AM – FM: Rs 10,000 cr additional funds set aside for Food Security
11:32 AM – Budget 2013: Rs 9954 crore allocated for Rashtriya Krishi Vikas in FY 14
11:31 AM – Budget 2013: FY 14 farm credit target at Rs 7 lakh crore
11:30 AM – Budget 2013: Rs 250 crore allocated for Food security mission
11:30 AM – Budget 2013: Rs 1000 core allocated for Green revolution in East India
11:29 AM – FM: Rs 5387 crore allocated for water savings plans
11:28 AM – FM: A farmer who repays his loan will get credit at 4%
11:27 AM – Budget 2013: Outlay under JNURM doubles
11:27 AM – FM: To allocate Rs 27,049 cr for Agri Ministry
11:26 AM – Budget 2013: To purchase 10000 buses under JNURM
11:26 AM – Budget 2013: Rs 14873 crore allocated to JNURM
11:25 AM – FM: JNNURM being continued in 12th Plan
11:25 AM – Budget 2013: Allocation of Rs 37330 crore for healthcare
11:23 AM – Budget 2013: Rs 1400 crore for water purification plants
11:23 AM – Budget 2013: To allocate Rs 15260 crore for water, sanitation
11:22 AM – Budget 2013: To allocate Rs 17700 core for child and women welfare
11:21 AM – FM: To allocate Rs 13215 crore for mid day meal scheme
11:20 AM – Budget 2013: To allocate Rs 65867 crore to education ministry, up 17%
11:19 AM – FM: To allocate Rs 1106 crore for alternative medicine industry
11:18 AM – FM: Propose to allocate rs 65,867 crore to HRD ministry
11:18 AM – FM: To provide more than Rs 4200 crore for medical studies
11:17 AM – FM: To increase allocation for health, family welfare
11:17 AM – FM: FY14 expenditure seen at Rs 16.65 lakh crore
11:17 AM – FM: FY14 plan expenditure to be 30% higher
11:16 AM – Budget 2013: To allocate more than Rs 25000 core for tribal welfare
11:15 AM – FM: To allocate more than Rs 25,000 cr for tribal welfare
11:15 AM – FM: To allocate Rs 41,536 cr for SC, ST
11:14 AM – Budget 2013: FY 14 Total expenditure at Rs 16.65 lakh crores Budget 2013
11:14 AM – FM: Plan expenditure seen at Rs 5.53 lakh crore
11:13 AM – FM: My worry is current account deficit
11:12 AM – FM: Have provided sufficient funds to each Ministry
11:11 AM – Budget 2013: Government cut expenditure to reign in fiscal deficit
11:11 AM – FM: We have retrieved some economic space
11:10 AM – Budget 2013: Foreign investment is an imperative to cut current account deficit
11:10 AM – FM: I have no choice but to rationalise expenditure
11:07 AM – FM: Economy has slowed down after 2010
11:07 AM – FM: High growth not beyond our capacity
11:06 AM – FM: Only China, Indonesia ahead of India
11:06 AM – Budget 2013: Goal remains higher growth leading to inclusive change
11:05 AM – FM: Growth rate under UPA was highest
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