Indian Union Budget 2013-14 Highlights, Indian General Budget 2013

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Union Budget 2013

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Expectations

Industry

Inflation budget to drive flows in market.
Peeyoosh Chadda (Edelweiss AMC)
Expect rollout of long-term infra debt fund this budget
PM seeks GST integration in budget
Govt sources
Pre-budget picks: 3 stocks (Rashtriya Chemicals and Fertilisers, Jain Irrigation and Bharat Electronics) that can give you good upside
Rajesh Jain (Independent Market Strategist)
RBI action to move mkts, budget won't alter mood
Religare
Govt may hike tax exemption limit
Inflation impact
See Nifty at 7000; L&T, RIL to lead rally in 2012
Amar Ambani, IIFL

Citizen's

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There should be a reduction in interest rate for education loan...

Divakar

Debate

Who should choose the career of a child. Parents or children themselves?

Agree: 80.83%

Disagree: 19.17%

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Highlights of Union Budget 2013

The budget should stress on initiating measures to control price rises, cut down fiscal deficit and control inflation
Revenue receipt from 3G auction would definitely help to reduce the fiscal deficit, but this being a one time option for improving fiscal deficit, the government should work towards attainment of sustainable fiscal improvement and aim to narrow Government?s fiscal deficit to 4.8 per cent of GDP in 2013-14.

Articles

Chidambaram to decode Budget 2013 for..

Views : 192

Comments : 0

India's Finance Minister P. Chidamabaram will Monday connect to masses through 'Google+..

CJ : Krishna Y.

Union Budget disappoints minorities;..

Views : 136

Comments : 0

The Finance Minister P. Chidambaram might be saying that he cannot satisfy all sections of the..

CJ : Syed Zahid Ahmad

General Budget 2013: Who said what?

Views : 99

Comments : 0

The general budget for the fiscal year 2013-2014 was presented in the parliament on February..

CJ : Shiv Prakash

'Not budget of a country but of..

Views : 48

Comments : 0

After the Finance Minister P Chidambaram presented the budget on February 28, almost all..

CJ : Rajat Bhatia

Performance Metrics

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Direct & Indirect Taxes

Maintains tax exemption at Rs 2 lakh income a year
10% tax on income of Rs 2 to 5 lakh
20% on income over Rs 5 lakh up to Rs 10 lakh
30% on income More than Rs 10 lakh

CII Wishlist

Steps to remove any bottlenecks to rising investment should be taken in the forthcoming Union Budget so as to further increase our capacity for growth.
Budget should focus on improving competitiveness of Indian exporters

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