Page 470 - Budget 2026 News
Rs 5,000 cr for agri storage
Panchayats can borrow at 6.5% to build storage facilities
 "Commodities transaction tax will ruin the market: Shreekant Javalgekar")
Chidambaram goes after smokers-again
TOBACCO: 18% excise duty increase to impact organised players like ITC and VST
 "Chidambaram goes after smokers-again")
A lot to please textiles sector
TEXTILES: Zero excise on branded garments particularly welcome
 "A lot to please textiles sector")
Budget to have "very positive" impact on economy: Montek
On the whole, the budget touches and deals with critical issues of macro imbalance
 "Budget to have \"very positive\" impact on economy: Montek")
Budget proposals to boost investments: Sharma
All recommendations made by the Textile Ministry has been accepted in the Budget
 "Budget proposals to boost investments: Sharma")
UIDAI plan spending doubled to Rs 2,620 cr in 2013-14
The authority's revised estimates of Plan expenditure in current fiscal stands at Rs 1,350 cr compared to the budget estimates of Rs 1,758 cr
 "UIDAI plan spending doubled to Rs 2,620 cr in 2013-14")
Banks can act as insurance brokers, KYC norms simplified
Insurance companies will be allowed to open branches in Tier II cities and below without prior approval of IRDA
 "Banks can act as insurance brokers, KYC norms simplified")
Double taxation issue haunts the streets again
The government's proposal to introduce a clause in the section 90 (4), the section which talks of the tax treaty, sent the market plummeting
 "Double taxation issue haunts the streets again")
A practical Budget, but revenue projections seem optimistic
Widening the tax base and curtailing non-plan expenditure would have added more credibility to the fiscal deficit forecasts
 "A practical Budget, but revenue projections seem optimistic")
Work on Rs 7,500 cr port proj in TN to start next fiscal: Vasan
The announcement for the PPP mode project was made by Chidambaram in his Budget speech
 "Work on Rs 7,500 cr port proj in TN to start next fiscal: Vasan")
FM does delicate balancing act on Budget
Responds to both political requirements of a pre-election-year Budget and economic compulsions
 "FM does delicate balancing act on Budget")
Markets were expecting too much from Budget: R Venkataraman
In conversation with MD & CEO, IIFL
Additional Rs 1 lakh interest deduction for first home buyers
Offering sops to push housing demand, Finance Minister P Chidambaram today allowed an additional interest deduction of Rs 1 lakh to first home buyers for loan up to Rs 25 lakh and announced Rs 2,000 c
 "Additional Rs 1 lakh interest deduction for first home buyers")
Higher tax on rich is a step in right direction: Reliance Capital
Chat with Sunil Singhania, Head of Equity at Reliance Capital
Marginal cut in fertiliser subsidy; industry criticises move
Finance Minister P Chidambaram today proposed a small cut in subsidy on crop nutrients compared to the revised estimate of Rs 65,974 crore in 2012-13 fiscal.
Budget fell short of expectations: Navneet Munot
Executive Director & CIO, SBI Mutual Fund talks to Jinsy Mathew from the Smart Investor Team
Budget 2013: Highlights
Chidambaram allocates Rs 80,200 crore for rural development
 "Budget 2013: Highlights")
Next market trigger will be RBI policy: UBS India
Chat with Aashish Kamat, Managing Director and Group CEO, UBS India
FM has been trying to balance expenditure, sources of income: Pankaj Pandey
The retail head at Equity research, ICICI Securities gave a thumbs up to the Budget today, but revealed some reservations too
 "FM has been trying to balance expenditure, sources of income: Pankaj Pandey")