BUDGET DOCUMENTS
Key to Budget Documents
Budget Highlights (Key Features)
Budget Speech
Budget at a Glance
Annual Financial Statement
Finance Bill
Memorandum
Receipt Budget
Expenditure Budget
Customs & Central Excise
The Macro Economic Framework Statement
The Medium Term Fiscal Policy Statement
The Fiscal Policy Strategy Statement
Statement of Revenue Foregone
Implementation of Budget Announcements
 
 DETAILED BUDGET HIGHLIGHTS
Budget Highlights
Budget 2013-14: Bigger, but balanced
 
 SECTORS
Rs37,330 cr for health and family welfare
Union Budget 2013-14: SUVs to cost more; 100 % import duty on luxury vehicles
Total withdrawal of excise duty proposed for hand-made carpets and textile floor coverings
Eligibility conditions proposed to be relaxed on LIC policies for disabled, others
Private FM radio services to be expanded to 294 cities
Allocation for agriculture up by 22 % to Rs27,049 cr
Public sector banks to get Rs14,000 cr to meet Basel III norms
Concessions in customs duty on leather
Union Budget 2013 -14: Duty on mobile phones raised; incentives for semiconductors, electronics
Union Budget 2013 -14: Post offices to be part of core banking
Union Budget 2013 -14: Bank run ‘by women, for women’ to be set up by October
Union Budget 2013-14: norms eased for FIIs in currency derivatives
Union Budget 2013-14: provides easier financing for road project
 
 
 REACTIONS
Budget supports foreign investment: RBI
An exercise in cautious disappointment
A definite timeline for GST, DTC implementation was warranted
A Neutral budget!
Negative bias for oil and gas industry
Raising royalty tax may deter global MNCs
Good on intent
Realistic, encouraging and growth-oriented
A Responsible budget
Commodities transactions tax is like selective imposition of STT on shares
Responsible and realistic budget
Wind Industry gets a breather through GBI
SIAM welcomes the Budget
Budget does not provide desired impetus for domestic electrical industry: IEEMA
No incentives for telecom sector: COAI
 
 COMMENT
India's sovereign rating unaffected by budget announcement: S&P
Lacks a cohesive grand plan
Neutral for consumer business companies
No technology-specific inccentives
Budget keeps fiscal targets; delivery, growth key: Fitch
Budget will compel MoD torationalise Procurements
Multiple pragmatic initiatives
Government missed incentivising telecom: Deloitte, Haskins and Sells
Chidambaram on budget eve
 
 SPECIAL REPORTS
Budget drives down Sensex, Nifty to three-month lows
Thrust on institutions of excellence, education
Seven new cities planned on Delhi-Mumbai Industrial Corridor
Reduced tax rate proposed on investment in long term infrastructure bonds
Extension of benefit under section 80-D of IT Act proposed to similar schemes of central, state governments
FM moots scheme to encourage filing of IT returns by registered assessees
Union Budget 2013-14: Highlights of indirect tax proposals
Union Budget 2013-14: Direct and indirect tax proposals to yield Rs18,000 crore
Modified GAAR to come into effect from 2016
Work on DTC in progress: Chidambaram
Union Budget 2013-14: Incentives for household sector savings
Union Budget 2013-14: Chidambaram seeks to widen stock market investments
Fiscal deficit for 2012-13 estimated at 5.2 per cent: Chidambaram
Union budget 2013-14: Budgetary allocation for rural schemes up 46 %
Union Budget 2013-14: No revision in I-T slabs; 10% surcharge on super rich
Union Budget 2013 - 14: India to become business, investment-friendly: Chidambaram
Union Budget 2013-14: Rs1000 cr for women's safety
Union Budget 2013-14: government to float Rs50,000 crore tax-free bonds
Tax-saving equity scheme to have wider reach
 
 
 
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