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Union Budget 2008-2009
Surcharge on 'Corporate Tax' Should Have Been Removed, Growth a Focus on Right Direction : ASSOCHAM Chief
Manmohan hails Interim Budget, says focus is on "Aam Aadmi"
Markets disappointed on Interim Budget - Mr. Shiv Kumar Goel, Director, Bonanza Portfolio Limited
Interim Budget was lackluster - Mr. Rohtas Goel, CMD-Omaxe Ltd
Interim Budget disappointing - Mr. Pradeep Jain - President, CREDAI NCR
Expenditure Proposed at Rs 953,231 crore for 2009-10
Revenue deficit revised to 4.4% of GDP, fiscal deficit in estimated at 6%
Revenue deficit for 2009-10 estimated At 4% & fiscal deficit 5.5% of GDP
Rs 100 Crore for Unique Identification Authority
Rs 14000 crore corpus for Rural Infrastructure Development Fund-XV
Total expenditure raised by Rs 150069 crore
Home Minister Chidambaram hails Interim Budget
Defence Allocation at Rs 141703 crore
FDI at US $ 32.4 billion in 2007-08
GDP records sustained growth of over 9% for 3 consecutive years
15 Central Universities, 6 new IITs established
Central Public Sector Enterprises turn over increased to Rs 10,81,000 crore in 2007-08
Interim Budget 2009-2010 - Summary
Plan allocation for agriculture up 300% during 2003-04 and 2008-09
Rural Infrastructure Development Fund corpus increased to Rs 14,000 crore in 2008-09
Project Arrow launched by Department of Posts
Government to substantially expand Panchayat empowerment and accountability scheme
Highlights of interim budget 2009-2010
Rs 65300 crore debt waiver given to 3.6 crore farmers, MSP for wheat, rice hiked
RTI Act led to greater accountability and improved public decision making process
NPAs of PSU Banks decline
Financial Sector Reforms to continue, Companies Bill 2008 introduced
45 lakh central government employees benefit on Sixth Pay Commission
New social schemes launched to support weak & downtrodden people
2 new pension schemes launched
Manmohan approves Interim Budget for presentation
Industry Hoping for "Packaged Deal" from Interim Budget : ASSOCHAM
Budget is likely to boost consumer demand by Income Tax exemptions - ASSOCHAM
Budget balances growth objectives within current political compulsions - FICCI President
NASSCOM disappointed on absence of extension to STPI scheme
Duty on crude suslphur reduced to support fertilizer production
AIDS drug exempted from Excise Duty
Excise Duty on buses, small cars and 2-3 wheelers reduced
Customs duty reduced on several items
Service Tax Net Widen, Four new services included
Fiscal as well as revenue deficit position improves
Tax incentives to boost R & D
5 year tax holiday for new Hospitals & Hotels in specific towns
Banking Cash Transaction Tax to be withdrawn
Two schemes added under Section 80C Instruments
Relief provided in Dividend Distribution Tax
Steps taken to further expand market for Corporate Bonds
Rs 3,443 crore allocated for Indira Gandhi National Old Age Pension Scheme
Subsidy enhanced under Indira Awas Yojana
Backward Regions Grant Fund to get Rs 5,800 crore
Rs 75 crore provided to Indian Council of Cultural Relations
Rs 100 crore each for three Institutions of Excellence
Sixth Central Pay Commission to submit its report by 31st March
Rs 624 crore earmarked for Commonwealth Games
Health Insurance for Unorganised workers
Allocation for Education Sector Increased by 20%
Sixteen Central Universities to come up
Government to encourage all sources of investment
Rs 5,500 crore allocation for Rajiv Gandhi Grameen Vidyutikaran Yojana
Technology Upgradation Fund (TUF) provision increased to Rs 1,090 crore
Allocation for Information Technology Department proposed at Rs 1,680 crore
Rs 14,000 crore corpus proposed for Rural Infrastructure Development Fund
Rs 644 crores for National Agriculture Insurance Scheme
Rs 20,000 crores for Accelerated Irrigation Benefit Programme
3 Crore small and marginal farmers to benefit from Chidambaram's Largesse
More funding for NABARD, SIDBI & NHB
Excise duty reduced for agricultural sector
Rs 750 Crores for upgradation of 300 ITIs
Mobile Soil testing laboratories in 250 districts at an outaly of Rs 75 Crores
India's Defence allocation enhanced to Rs 105,600 Crore
Summary of India's Union Budget 2008-2009
Finance Minister raises Income tax exemption limit
Union Budget 2008-09 highlights
Government keen on containing Inflation
Bright prospects for tourism in India


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