Page 471 - Budget 2026 News

Defence gets Rs 2,03,672 cr in Budget

The allocation is up by Rs 25,169 crore from last year's revised estimate of Rs 1,78,503 crore

Doing business in India must be easy and beneficial: FM

The Indian economy has grown at a low rate of 5.4% in the first half the current fiscal

MCA to get higher allocation at Rs 255.28 crore for next fiscal

According to the Budget proposals, the government has earmarked Rs 255.28 crore in the next fiscal (2013-14) compared to Rs 229.22 crore in the revised estimates for this fiscal.

'Finance Minister tried to fit in too many things'

Abheek Barua, Chief Economist, HDFC Bank, speaks to Puneet Wadhwa, Investment Editor

Budget looks to attract more investors to stock market

The government today unveiled a slew of measures to attract more investors to the stock market and making it easier for foreign entities to make investments

FIIs allowed to trade in exchange-traded currency derivatives

Move will allow them to cover currency risk; will also improve liquidity in India's currency exchanges

FM gives 9,000 cr CST compensation to make way for GST

However, he refrains from giving a deadline for GST rollout and put the ball in the states' court to take next step towards the reform

FIIs allowed to trade in exchange-traded currency derivatives

The move will allow them to cover currency risk, and will improve liquidity in India's currency exchanges

Hotels and restaurant owners want service tax rolled back

Hotels and restaurant owners today asked Finance Minister P Chidambaram to rollback the service tax proposed on all air-conditioned restaurants.

Small stainless steel cos to pay Rs 10k additional excise duty

The additional burden comes with Chidambaram proposing hike in excise duty on "Patta Patti" to Rs 40,000 per month from Rs 30,000 earlier in the Budget for 2013-14

Budget disappoints aviation, hospitality industry experts

'the contentious issues like sales tax on aviation turbine fuel has not been addressed

Govt proposes final withholding tax on profits of unlisted cos

Some unlisted companies avoided dividend distribution tax by arrangements involving buyback of shares

Now shell out more for mobile phones above Rs 2,000

The proposed 6% duty hike would increase prices of handsets in range of Rs 120 to Rs 3,000 (for a device costing Rs 50,000)

Government plans India's first women's bank

MFIs fear competition for women SHG lending to intensify

Budget: Overseas Ministry gets Rs 115 cr

Out of the total allocation, Rs 65.58 crore has been given to the ministry for general expenditure

Govt borrowing plan for FY14 exceeds Street expectation

But rate cut hope still alive as RBI deputy governor Patel lauds twin deficit contain efforts

'Budget was largely on expected lines'

Business Standard correspondent Jinsy Mathew speaks to Pankaj Pandey, Head, Retail Equity Research, ICICI Securities

Higher tax on royalties, technical fees to hit MNCs

MNCs not covered by tax treaties will have to shell out more on royalties

'We should look at what Chidambaram's Budget speech did not say'

Business Standard Chairman T N Ninan and Managing Editor A K Bhattacharya analyse some salient points of Budget 2013

Veerappa Moily welcome hike in custom duty on raw silk to 15%

In his statement, Moily has stated that in the recent past the sericulture industry had faced serious hardships