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Understanding some technical terms used in budget

India Infoline News Service/09:55,Apr 09, 2013

The Union Budget is the annual report of India. It is an exhaustive display of the government of India’s finances.

S&P says downgrade risk exists, keeps rating unchanged

India Infoline News Service/15:20,May 17, 2013

The global rating agency Standard & Poor's (S&P) affirmed BBB- rating for India with a negative outlook.India's long-term growth prospects, underpinned by its favorable demographic profile, and its high foreign exchange reserves support the ratings.

Budget 2013
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Budget Highlights

Highlights of the Union Budget 2013-14

Finance Minister P Chidambaram said Budget 2013 will allocate Rs 65,867 crore to the HRD ministry..

Highlights of Railway Budget 2013-14

Bansal presented the rail budget for 2013-14 in the Lok Sabha, informing the House that losses of..

Pranab Mukherjee's speech for Union Budget 2012-13

While I believe that there should be no room for complacency, nor any excuse for what happens in ..

Highlights of Union Budget 2012-13

Income Tax slabs for individuals: Rs 2 lakh-5 lakh: 10%; Rs 5-10 lakh: 20%; and above Rs 10 lakh 30%

Fund
Industry

Pre-Budget Expectation 2013: Max Life Insurance

However, we are hopeful that the budget will be a practical budget and not a populist budget, given the FM’s track record and his recent reassurances to various segments of the market that the budget would be a pro-growth and responsible.

Pre-Budget Expectation 2013: IndiaMART.com

Since a majority of businesses are Micro and unorganized they face a challenge in getting financial support from banks even though they fall under priority lending sector.

Pre-Budget Expectation 2013: YourNest Angel Fund

Measures like permitting pension funds, provident funds, charitable & religious trusts to invest a small part of their corpus in Category 1 AIF and offering special incentives such as tax deduction to investors in start-ups or Alternative Investment Funds (AIFs) will indeed help

Pre-Budget Expectations: Pearl Enterprise

Global brands in India being comparatively more expensive, at times 20-30% higher than our neighb..

Pre Budget Expectations: SRL Diagnostics

The Budget should recognize the costs incurred by the private sector in maintaining high quality ..

Budget Expectation 2013-14: Tata Communications

The government is likely to be focused on containing fiscal deficit and we expect a measured, pro..

Janta's Expectations

There are hints of a passenger fare hike but freight fare is likely not to be touched.
Posted By: Riyaz Mumbai|Feb 26, 2013 11:03

WE WANT INFLATION RATE LESS
Posted By: Riyaz Mumbai|Feb 26, 2013 10:44

Budget should have something for our area also.
Posted By: deepa Dehradun|Feb 20, 2013 18:24

Post Your Own Expectation

Janta's Reaction

... WE WANT INFLATION RATE LESS,.... AGAR AISE HI RATE BADHTA RAHA TO HOW CAN A COMMON MAN CAN SURVIVE??? MEHGHAI KUM HONI CH...
Posted By: SHAISHA.. AHMEDABAD|Mar 20, 2012 16:28

Change in Tax slab gives benefit for the ppl who are earning more than 8 lakh.
Posted By: Kamal Chennai|Mar 17, 2012 11:58

govt. only know that how to hikes the prices in all sectors ,Ek aam aadmi nahi survive kar sakta,,,,,, janta jaagoooooo
Posted By: Anjali .. Udaipur (raj.)|Mar 16, 2012 15:50

Post Your Own Reaction

Union
Railway

» Union Budget 2013-14
» Highlights of the Union Budget 2013-14
» Chidambaram's budget speech
» Economic Survey 2012-13
» Pranab Mukherjee's speech for Union Budget 2012-13
» Union Budget 2012-13
» Economic Survey 2011-12
» Union Budget 2011-12
» Union Budget 2011-12
» Economic Survey 2010-11

Industry Reactions

Some announcements on banking laudable: FINO PayTech

A bank solely for women will go a long way in providing access to finance to such SHGs

Industry neither stands to gain or suffer: Steelbird Group

We fell in the category of above 1 Crore income and we will lose lacs of Rupees".

ICRA comments on Budget 2013-14

Allowing Mutual Fund distributors to become members of the stock exchange could also help increased channelization of retail savings into capital markets.

Union Budget
Railway Budget

2012-13		2011-12
2008-09		2008-09
2010-11		2009-10
2009-10

Railway Stocks

Company	Price(Rs.)	Chg(%)
BEML Ltd	186.45	7.9
Hind Rectifiers Ltd	55.80	4.4
K E C International Ltd	48.25	4.3
Kernex Microsystems (India) Ltd	36.45	0.4
Gateway Distriparks Ltd	123.15	0.3
Texmaco Infrastructure & Holdings Ltd	27.30	0.0

Budget Glossary

AD-VALOREM DUTIES : These are the duties determined as a certain percentage of price of the product.

ANNUAL FINANCIAL STATEMENT : "It is a statement of receipts and expenditure of states for the financial year, presented to Parliament by the government. It is divided into three parts: Consolidated Fund, Contingency Fund and Public Account.

P Chidambaram
(1996-1997, May 2004-Nov 2009, July 2012-Continuing)

P Chidambaram (born 16 September, 1945) is Union Minister of Home Affairs of the Republic of India...

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Prime Ministers Of India
RBI Governors

Union Budget 2013-14

The FM’s Math worked; Will the Economy too?

Budget Preview

We believe that the budget would be positive for sectors like FMCG, Infrastructure, Oil & Gas & Pharmaceutical and negative for sectors like Automobile & Cement…

Economic Survey 2012-13

Latest updates of the Economic Survey 2012-13..…

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Quotes

Company	Price(Rs.)	Chg(%)
Oil & Natural Gas Corpn Ltd	340.75	0.8
Tata Consultancy Services Ltd	1473.80	1.4
Reliance Industries Ltd	835.50	[0.6]
ITC Ltd	334.90	[0.6]
Coal India Ltd	297.50	[0.4]