FM has already stolen his own thunder by announcing a slew of measures outside the budget. The announcements resulted in the Sensex reaching its all-time high in 2013, after which it has only been consolidating.
Inflation Indexed Bonds/Inflation Indexed National Security Certificates will be launched to ensure that small investors can hedge against inflation.
TRC issue remains a niggling factor since it comes a year after former finance minister Pranab Mukherjee proposed to introduce general anti avoidance rule (GAAR).
Market clearly views all they have heard so far of Chidu's speech as mere tinkering.
As an investor your money life will undergo certain changes, after the proposals in today's Union Budget. To know more, read on.
Admitting that the government could have done more, Chidambaram said measures can only be taken once the wheels have turned.
While the markets may look forward to the Budget proposals with bated breath, HDFC Securities says markets will be driven more by changes in global risk appetite and liquidity conditions than anything else
The Railway Budget just added to the worries of the investors who were already jittery due to the unfolding global eco-political situation.
The ministry is likely to propose a plan outlay of $12.5 billion for FY14, which would be the highest railways have ever been allotted.
The ad claims it is a five-year fixed deposit offering jaw-dropping high double-digit yields. But hold, before you fall for this big number, take a calculator and do the math yourself. You will be amazed to find out how deceptive the ad is.
HNIs and corporates should be encouraged to invest in Category 1 AIF to seek a deduction against capital gains re-invested in AIFs, says Sunil K Goyal, YourNest Angel Fund. <br /><br />
We contribute so much to the GDP but it is never accounted for, laments a homemaker
If the lock-in period of FDs, or fixed deposits, is brought down to three years at par with ELSS, it will encourage investors to opt for this saving tool.
There's another section in the Indian Income Tax Act, called Section 80 GG, which comes to your rescue.
Fixing twin deficits top priority; FM unlikely to give negative shocks, says Marico boss<br /><br /> <br /><br />
Take a print out of this list and keep for reference even as you make your investments this tax season.
Simply put, these tax regimes show how your financial instrument is taxed at different stages. The letter 'E' denotes exempt and the letter 'T' for tax. The three letters simply show the three different stages of investments.
Even while investors are expecting the markets to peak in the run-up to the budget, a few analysts are not expecting any improvement in the market post the budget since the current rally is more due to global than domestic factors
You can claim tax deduction only for full time courses, at any college, school, university or educational institution in India but not for private tuition fees you pay for your child's education.
Ministers and sarkari economists have a warped sense about gold. In India, gold forms a useful social function both as social security and collateral for loans
Shorn of spin, and with clear explanations on every single point, there's no doubt as to who the winner of the Union Budget was - CNBC TV18.
Gloom is largely limited to high-end and luxury goods like expensive mobiles, SUVs, and yachts. On the whole, the FM seems to have achieved the unenviable task of delivering growth, reining inflation and mopping up resource.
Just 42,800 of India's 1.2 billion people will be affected by the extra take on pay above Rs 1 crore, according to the finance minister.
The turn around plan included Rs 30,000 crore equity infusion over a nine-year period starting 2012-13.
No roadmap, not even a mention of reducing taxes on jet fuel in the Budget means nothing much will change for the domestic aviation industry in the new fiscal.
As of now, small cars are taxed at 12 percent excise duty whereas large cars- and that includes SUVs-are charged 27 percent duty. With today's Budget announcement, there is confusion over which cars will not attract higher duty.
Industry bodies Federation of Indian Chambers of Commerce and Industry and the Confederation of Indian Industries tell Firstpost what their wishlist for the budget is.
The Rail budget itself has been criticised as being extremely pedestrian and sorely lacking ambition. But what Bansal lacked in measures, he made up for in poetry. Or so it seemed in any case.
A quick look at the fortunes of the Railway Ministers for the past 25 years show that barring Mamata Banerjee and Nitish Kumar, the political career of the others has not been all that rosy after their stint was over.
For those of you who love trains but don't find much sense in listening to the Railway Minister's news and numbers speech today, here are five books about trains, railways and all its experiences that you should read.