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Budget '09
ยป Highlights
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Outlay of Rs.1740 cr for Min of Minorities
7008
votes
3349
votes
Interest subsidy on bank loans for higher education
1938
votes
272
votes
Fringe benefit tax abolished
1762
votes
301
votes
Unique ID nos to be rolled out in next 12-18 mnth
1591
votes
249
votes
Will ensure farm sector growth at 4%
1860
votes
519
votes
Govt to spend Rs.12K cr on rural roads in FY'10
1313
votes
137
votes
To phase out surcharge on direct taxes
1235
votes
108
votes
PSU banks and insurance cos to remain with govt
1674
votes
706
votes
Allocation to NHAI increased by 23% (YoY)
1299
votes
371
votes
Raise investment in infra to 9% of GDP by 2014
1066
votes
203
votes
Scheduled commercial bks can set up offsite ATM
847
votes
158
votes
Govt to introduce food security bill
986
votes
304
votes
Customs duty on 10 life saving drugs cut to 5% from 10%
762
votes
89
votes
IIFCL to finance 60% of commercial bank loans for PPP
792
votes
148
votes
Allocation of Rs.2100 cr for defense pensions
896
votes
275
votes
Aiming for direct transfer of subsidy to farmers
855
votes
246
votes
Irrigation benefit program increased by Rs.1000cr
734
votes
166
votes
Sustain growth rate of 9% over extended period
722
votes
155
votes
1% int subvention to farmers making timely payment
738
votes
181
votes
Need to strengthen improve regulatory framework
760
votes
248
votes
Sign of revival in domestic industry and return of FIIs
1046
votes
562
votes
To reduce customs duty on 10 life saving drugs
545
votes
65
votes
To launch employment exch under PPP scheme
705
votes
240
votes
To provide Rs.2000cr for rural housing fund
649
votes
194
votes
Spending on higher education to rise by Rs 2k cr (2010)
1048
votes
637
votes
Private investment has been the key growth driver
590
votes
198
votes
Psu cos to remain within public sect
1412
votes
1037
votes
To provide real wage of Rs.100/day under NREGA
756
votes
400
votes
Significant rise of foreign capital inflows important
919
votes
578
votes
Customs duty on wind power equip cut by 2.5%
425
votes
95
votes
Target Agri credit flows at Rs 3.25 lkh cr
477
votes
153
votes
Propose allocation of Rs.39100 cr or NREGA
597
votes
288
votes
To set up handloom mega cluster in Raj, TN, WB
748
votes
462
votes
To extend enhanced export credit guarantee to March
413
votes
130
votes
Farm loan waiver scheme extended by 6 months
748
votes
492
votes
Rs 4000cr fund to incentivise banks & SFCs to lend
419
votes
168
votes
(CTT)Commodities transaction tax to be abolished
388
votes
149
votes
Structural changes in direct taxes
384
votes
154
votes
Raise threshold for non promoters for listed cos
360
votes
167
votes
To allocate Rs.120cr for unique ID project
322
votes
136
votes
No STT on sale, purchase of shares by pension schemes
358
votes
177
votes
Institutional refo reform measures to stabilise BOP
326
votes
153
votes
Aim to sustain growth at over 9% extended period
295
votes
128
votes
To allow smooth introduction of GST from Apr 2010
249
votes
84
votes
Fiscal stimulus at 3.5% of GDP
817
votes
654
votes
To introduce new investment linked tax sops
285
votes
129
votes
To reduce customs duty to 5% on LCD panels
544
votes
394
votes
Tax holiday under 80 IB extended to natural gas prod
265
votes
125
votes
To extend tax holiday on gas production
233
votes
103
votes
Aim to return to FRBM target at the earliest
265
votes
138
votes
FY'10 corporate tax seen at Rs 2.57 lkh cr
286
votes
162
votes
To provide all possible relief to exporters
675
votes
575
votes
No STT on sale, purchase of shares by NPA trust
155
votes
67
votes
Shares of direct taxes at 56% of total govt revenue
143
votes
84
votes
Int subvention scheme for farm loans to continue
317
votes
260
votes
Pace of job creation affected
147
votes
90
votes
FY'10 fertiliser subsidy burden
94
votes
38
votes
New direct tax code to release in 45 days
194
votes
142
votes
Govt to set up an expert group on
58
votes
8
votes
GST to be dual regime in central & state term
193
votes
145
votes
Gross capital flow fell in wake of global fin crisis
245
votes
204
votes
IT exemption limit raised by Rs.15k for senior citizen
582
votes
542
votes
Carry forward period of MAT cr raised to 10 years
155
votes
115
votes
Gross budgetary support raised by Rs.40,000 cr
103
votes
65
votes
To spend Rs 10.20lkh cr total expenditure
95
votes
74
votes
4% excise to stay on items of mass
28
votes
7
votes
Raise threshold for non promoters
20
votes
4
votes
Allocation to NHAI increased by 23%
12
votes
1
votes
Propose allocation of Rs.39100 cr
22
votes
12
votes
FY10 planned expenditure at Rs.3.25 lkh cr
80
votes
71
votes
Irrigation benefit program increased
11
votes
2
votes
Aiming for direct transfer of
11
votes
5
votes
Rs 4000cr fund to incentivise banks
8
votes
2
votes
Target Agri credit flows at
8
votes
2
votes
Aim to return to FRBM target at the
8
votes
2
votes
To provide all possible relief to
8
votes
3
votes
Raise investment in infra to 9% of
10
votes
6
votes
To extend enhanced export credit
8
votes
4
votes
Institutional refo reform measures to
7
votes
3
votes
Sign of revival in domestic industry
7
votes
3
votes
Will ensure farm sector growth at
10
votes
7
votes
Private investment has been the key
9
votes
6
votes
1% int subvention to farmers making
5
votes
2
votes
FY'10 corporate tax seen at
3
votes
0
votes
Need to strengthen improve regulatory
5
votes
3
votes
Gross capital flow fell in wake of
3
votes
1
votes
IIFCL to finance 60% of commercial
3
votes
1
votes
Sustain growth rate of 9% over
9
votes
8
votes
Interest subsidy on bank loans for
1
votes
0
votes
To reduce customs duty on 10 life
1
votes
0
votes
PSUs to remain within public
1
votes
0
votes
Propose to extend sunset clause by 1
13
votes
13
votes
Global financial conditions have
3
votes
3
votes
Customs duty on wind power equip
1
votes
1
votes
Significant rise of foreign capital
3
votes
4
votes
No STT on sale, purchase of shares
1
votes
2
votes
Customs duty on 10 life saving drugs
0
votes
1
votes
Aim to sustain growth at over 9%
0
votes
1
votes
To reduce customs duty to 5% on LCD
5
votes
10
votes
Service tax extended to legal services
756
votes
762
votes
FY'11 fiscal deficit target at
22
votes
28
votes
Keeps 8% central excise duty on man
16
votes
22
votes
Surcharge on corporate tax to
9
votes
19
votes
No changes in corporate tax
14
votes
33
votes
PSUs to remain within public sector
705
votes
725
votes
Propose to extend sunset clause by 1 more year
151
votes
172
votes
Job creation hit due to economic slowdown
869
votes
893
votes
4% excise to stay on items of mass consumption
293
votes
317
votes
To impose 5% customs duty on
37
votes
62
votes
States would be allowed to borrow extra 0.25% of GDP
85
votes
112
votes
Global financial conditions have seen improvement
371
votes
403
votes
Raises rate of min alternative tax (MAT)to 15% vs 10%
130
votes
168
votes
Keeps 8% central excise duty on man made fibre & yarn
210
votes
250
votes
To provide real wage of Rs.100/day
62
votes
103
votes
Surcharge on corporate tax to continue
189
votes
234
votes
Disinvestment target of Rs 1120cr in FY'10
371
votes
419
votes
Interest payments at 36% of non planned exp
51
votes
101
votes
No changes in corporate tax rates
137
votes
189
votes
Higher fiscal deficit remains a concern
67
votes
119
votes
Govt to set up an expert group on pricing petro pdts
644
votes
704
votes
FY'10 revenue deficit seen at 4.8% of GDP
46
votes
131
votes
To impose 5% customs duty on set top boxes
179
votes
271
votes
Customs duty on Silver hiked to Rs 1000/kg
193
votes
289
votes
IT exemption limit raised by Rs.15k
171
votes
269
votes
FY'11 fiscal deficit target at 5.5% of GDP
136
votes
241
votes
FY'10 fertiliser subsidy burden seen at Rs.50k cr
169
votes
286
votes
Tax holiday extend to natural gas prod from NELP VII
225
votes
347
votes
Poll result is mandate for inclusive growth
1291
votes
1417
votes
Pace of job creation affected by dip in GDP
409
votes
551
votes
Fiscal deficit at 6.8% of GDP in FY'10
74
votes
224
votes
Branded jewellery fully exempt from excise duty
359
votes
589
votes
IT exemption limit raised by Rs 10k for women
1332
votes
2702
votes
IT exemption limit raised by
776
votes
2647
votes
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