Future of Budget 2013 - 2014 Live Overview | Finance Minister Chidambaram Budget Highlights and Pointers | Advantages and Disadvantages of Budget 2013-14 | Good and Bad NEWS

Posted by Music Top SIte Kamis, 28 Februari 2013 0 komentar
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
 
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