Union Budget 2014 15

Cong protests show why Modi must not budge on LoP issue

The Congress party showed its teeth yesterday in parliament. This is a signal to the Modi government that it has to get back into battle mode - both to fight its political and economic battles. May 16 did not signal an end of strife

Fiscal deficit almost half of full-year target in 2 months: Here's why Chidu's to be blamed

The fiscal situation seems even worse than one thought it was. In two months, the deficit is more than 45 percent of the whole year's total. Arun Jaitley have very little leeway in his budget due on 10 July

12 things to expect from Arun Jaitley's 10 July budget

The first budget of a new government tends to be built on the numbers of the previous government's budget due to paucity of time. Arun Jaitley's first budget is likely to be big on announcements and short on real changes in priorities

Good news for Jaitley: Low-hanging fruit can yield Rs 1,00,000 crore this year itself

Fiscal consolidation and making ends meet this year will call of asset sales. Luckily for Arun Jaitley, there are several low-hanging fruits available this year.

Budget 2014-15: FM's revenue numbers are pie-in-the-sky

Chidambaram's revenue estimates are over the top, with huge increases in taxes payable by individuals and the services sector.

Telangana effect: Chidu to make budget speech from LS tv studio?

It is unlikely that many new taxes or concessions will be announced, but the finance minister’s speech is expected to be largely political.