Budget Highlights :
Pranab Mukherjee presents his seventh Union Budget
Budget Highlights :
GDP to grow by 6.9% in 2011-12
Budget Highlights :
This year’s performance disappointing: Pranab
Budget Highlights :
Weak growth due to industrial slowdown
Budget Highlights :
Need to improve microeconomic environment: Pranab
Budget Highlights :
Expect headline inflation to moderate in the next few months and the remain stable
Budget Highlights :
Agri growth at 2.5%
Budget Highlights :
External trade growth encouraging
Budget Highlights :
Current account deficit at 3.6%
Budget Highlights :
Five focus areas this year
Budget Highlights :
Focus on domestic demand
Budget Highlights :
Rapid growth of private investment
Budget Highlights :
Remove supply side bottlenecks in agri
Budget Highlights :
Focus on power and roads
Budget Highlights :
Address Blackmoney
Budget Highlights :
To Keep Subsidies Under 2% of GDP over next 3 years
Budget Highlights :
Subsidy for food security law to be provided fully
Budget Highlights :
Global crude likely to cross $115
Budget Highlights :
Aim to raise Rs 300 bn through sales of stakes in state run companies next fiscal
Budget Highlights :
Aim to raise Rs 140 bn through sales of stakes in state companies this fiscal
Budget Highlights :
Proposes Mid-term fiscal goals
Budget Highlights :
India’s world share of trade set to increase
Budget Highlights :
Industry pulled down growth in past two years
Budget Highlights :
Industry now showing signs of recovery: Pranab
Budget Highlights :
Proposes tax incentives for small investors in stock markets
Budget Highlights :
GST network to get operational from August
Budget Highlights :
To allow overseas investors to invest in corporate bonds
Budget Highlights :
Aim to directly transfer subsidy on LPG to consumers
Budget Highlights :
Direct subsidy transfer on pilot basis in 50 districts
Budget Highlights :
Direct transfer of fertilizer subsidy to retailer and then to farmers to be rolled out
Budget Highlights :
Recommendation of task force under Nandan Nilekani has been accepted
Budget Highlights :
Fiscal balance has deteriorated due to increase in direct tax seepages and increased subsidy
Budget Highlights :
To provide Rs 158.9 bn capital to state-run banks next fiscal
Budget Highlights :
To create financial holding company for injecting capital into banks
Budget Highlights :
To extend Swabhiman scheme to some NE areas in FY 13
Budget Highlights :
To move National Housing Bank Amendment Bill
Budget Highlights :
To issue Rs 600 bn tax-free infrastructure bonds next FY
Budget Highlights :
To move Regional Rural Bank Amendment Bill
Budget Highlights :
To issue revised norms for banks priority sector lending
Budget Highlights :
STT may be abolished
Budget Highlights :
GST under progress, talks on with states for drafting law
Budget Highlights :
Expect smaller fiscal deficit in the coming years
Budget Highlights :
Process of IPOs is simplified
Budget Highlights :
8 financial amendments Bills to be introduced this year
Budget Highlights :
Central Know Your Customer repository would be set up
Budget Highlights :
Propose tax free bonds of Rs 10,000 crore for power sector
Budget Highlights :
Rs 30,000 disinvestment target for FY 13
Budget Highlights :
Rajiv Gandhi Equity Saving Scheme launched
Budget Highlights :
Rs 50,000 tax exemption for share investment in new Rajiv plan
Budget Highlights :
New tax exemption on individual share invest with lock-in
Budget Highlights :
To move bills for Public Debt Management, NABARD Act amendment
Budget Highlights :
Advanced pricing agreement in DTC to be in Financial Bill
Budget Highlights :
Swabhiman campaign to be extended to habitations with population of 1,000 people
Budget Highlights :
ECBs allowed to part finance rupee debt of power projects
Budget Highlights :
Okays Rs 50 bn National Housing Bank tax free bonds
Budget Highlights :
National mission of sustainable irrigation being taken up
Budget Highlights :
Allocated Rs 14,000 cr for rural drinking water and sanitation
Budget Highlights :
Allocated Rs 11,937 cr for mid-Day meal scheme
Budget Highlights :
PMGSY gets Rs 24,000 crore
Budget Highlights :
Allocated Rs 158.50 bn for child development in FY 13
Budget Highlights :
PDS network created via UID platform to start from December
Budget Highlights :
Allocated Rs 31.24 bn for secondary education
Budget Highlights :
GST network to get operational from Aug
Budget Highlights :
Service tax raised from 10% to 12%
Budget Highlights :
Budget OKs overseas borrowing for low-cost housing projects
Budget Highlights :
An additional Rs 5000 to be exempted for preventive health check-ups
Budget Highlights :
4.9% of growth expected in services sector
Budget Highlights :
First infra debt fund with a outlay of Rs 8000 cr has been launched
Budget Highlights :
Tax free infra bonds to be raised to Rs 60,000
Budget Highlights :
To allow Rs 100 bn NHAI tax free bonds in FY 13
Budget Highlights :
To allow Rs 50 bn SIDBI tax free bonds for FY 13
Budget Highlights :
Coal India told to to sign coal supply pacts with power companies
Budget Highlights :
To allow Rs 50 bn HUDCO tax free bonds in FY 13
Budget Highlights :
To allow Rs 100 bn IRFC tax free bonds in FY 13
Budget Highlights :
Oil, gas pipelines, storage and telecom towers to get viability gap funding in FY 13
Budget Highlights :
Irrigation, fertilizer and terminal market under viability gap funding
Budget Highlights :
Allot Rs 10 bn to up kharif output in NE FY 13
Budget Highlights :
Allot Rs 700 mn for Maharashtra power loom cluster
Budget Highlights :
1% loan sop plan for home loans up to Rs 2.5 mn
Budget Highlights :
To submit white paper on blackmoney
Budget Highlights :
7.6% of GDP growth in FY 13: Pranab
Budget Highlights :
Big cars to get dearer
Budget Highlights :
Air travel to get expensive
Budget Highlights :
Luxury items to cost more
Budget Highlights :
Excise duty on big cars raised to 24%
Budget Highlights :
Eating out in restaurants to cost more
Budget Highlights :
Compulsory reporting of assets sold abroad
Budget Highlights :
Government services and public transport exempted from services tax
Budget Highlights :
No tax till Rs 2L; 20% slab raised to Rs 10L
Budget Highlights :
Sachin Tendulkar scores 100th century
Budget Highlights :
Sachin Tendulkar creates history
Budget Highlights :
Budget OKs overseas borrowing to part-fund power projects` rupee debts
Budget Highlights :
India to be self sufficient in urea manufacturing in 5 years
Budget Highlights :
To allow external commercial loans for affordable homes
Budget Highlights :
Interest subvention on low cost homes extended by a year
Budget Highlights :
To allow 1 year ECBs of $1 bn for airline companies
Budget Highlights :
Increases outlay for agriculture by 18% to RS 202.08 bn
Budget Highlights :
Inter ministerial panel to monitor allocated coal mines
Budget Highlights :
Targetting 8,800 km projects under NHDP in FY 13
Budget Highlights :
Hike in agri credit by Rs 1 tn to Rs 5.75 tn
Budget Highlights :
Allowed direct import of ATF by airlines
Budget Highlights :
Announces two new handloom mega clusters
Budget Highlights :
To set up three technical assistance centres for textiles
Budget Highlights :
NABARD to give rural banks Rs 100 bn for short term loans
Budget Highlights :
Allocated Rs 255.55 bn under Right to Education
Budget Highlights :
Rs 250 mn allocated for rural management institute of Anand
Budget Highlights :
Allocated Rs 208.22 bn for NRHM in FY 13
Budget Highlights :
Credit guarantee fund proposed for poor students
Budget Highlights :
Allocated Rs 120.4 for growth of backward regions
Budget Highlights :
Allocated Rs 50 bn for warehousing facility in FY 13
Budget Highlights :
Tax exemption limit for individual payers raised to Rs 2 lakh
Budget Highlights :
No new case of polio this year: Pranab
Budget Highlights :
Expect gross tax receipts of Rs 10.78 tn in next fiscal
Budget Highlights :
Expect non-tax revenue at Rs 1.64 tn
Budget Highlights :
Non-Plan spending of Rs 9.69 tn
Budget Highlights :
Fiscal deficit at 5.9% of GDP this year
Budget Highlights :
Expect Fiscal deficit to be at 5.1% of GDP in next fiscal
Budget Highlights :
Total spending of Rs 14.49 tn for next fiscal
Budget Highlights :
Indira Gandhi pension scheme beneficiaries to get Rs 300 pm as against current Rs 200
Budget Highlights :
14 cr AADHAR number generated
Budget Highlights :
AADHAR is ready for payments under MGNERGA, pension scheme
Budget Highlights :
National population registry project to be completed in next two years
Budget Highlights :
Tax collection up 15%
Budget Highlights :
Upper limit of 20% tax raised from Rs 8 lakh to Rs 10 lakh
Budget Highlights :
Interest from saving account up to Rs 10,000 to be exempted
Budget Highlights :
Senior Citizens exempted from filing advance tax
Budget Highlights :
30% of Income tax for above Rs 10 lakh
Budget Highlights :
Corporate Tax structure left unchanged
Budget Highlights :
Witholding tax on certain overseas borrowings reduced to 5% from 20%
Budget Highlights :
82 Double tax avoidance agreements have been finalized
Budget Highlights :
17 tax info sharing agreements has been finalized to tackle blackmoney
Budget Highlights :
Dedicated information cells to track black money
Budget Highlights :
National Rural Livelihood Mission to provide self employment - allocation increased to Rs 3,915 cr
Budget Highlights :
To bring more businesses under Service Tax net
Budget Highlights :
Changes in direct taxes to result in revenue loss of Rs 45 bn
Budget Highlights :
Service Tax rates raised from 10% to 12%
Budget Highlights :
Higher Service tax to add Rs 186.6 bn to revenue
Budget Highlights :
Cuts securities transaction tax by 20% for stock market orders