Thursday,17 May 2012
MUMBAI
THIRUVANANTHAPURAM
KOLKATA
HYDERABAD
CHENNAI
BANGALORE
AIZAWL
Thursday May 17, 2012
General Budget 2009-2010
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Releases
The Finance Minister outlines the focus areas for 2009-10 (PIB 6-7-2009 )
Rs. 1,86,000 Crore worth fiscal stimulus to counter global slow down. (PIB 6-7-2009 )
High GDP growth, inclusive development and improved delivery mechanism to be key challenges- Finance Minister (PIB 6-7-2009 )
In Agriculture credit flow of Rs. 3,25,000 crore targeted for the year 2009-10 (PIB 6-7-2009 )
DEBT - Payment Relief for farmers task force for Maharashtra (PIB 6-7-2009 )
Expert Group to advice on petroleum and diesel prices. (PIB 6-7-2009 )
Expansion of banking network in the country off-site ATMs without prior approval (PIB 6-7-2009 )
50 Per Cent of all rural women proposed to be enrolled in self help groups, corpus of Rashtriya Mahila Kosh to be raised to 500 crore in next five years (PIB 6-7-2009 )
50 Per Cent of total rural women proposed to be enrolled in self help groups, corpus of Rashtriya Mahila Kosh to be raised to 500 crore in next five years (PIB 6-7-2009 )
ICDS to be extended to every child under six by March 2012 (PIB 6-7-2009 )
Plan Outlay for Ministry of Minority Affairs increased by 74 per cent (PIB 6-7-2009 )
New Project to enable job seekers to register on-line from anywhere to be launched (PIB 6-7-2009 )
All BPL families proposed to be brought under Rashtriya Swasthya Bima Yojana (PIB 6-7-2009 )
One handloom mega cluster each for West Bengal and Tamil Nadu, one Powerloom mega cluster for Rajasthan announced (PIB 6-7-2009 )
National Action Plan on Climate Change: funds to be allocated for the eight National Missions (PIB 6-7-2009 )
‘Takeout financing’ scheme to be evolved by IIFCL (PIB 6-7-2009 )
Rs.190 Crore budgetary support for Civil Aviation (PIB 6-7-2009 )
Budgetary support stepped up for Road Transport and Highways (PIB 6-7-2009 )
More Stress on Rural Roads in Budget 2009-10 (PIB 6-7-2009 )
Increased allocations for infrastructure development (PIB 6-7-2009 )
Allocation of Rs. 120 crore to UIDAI (PIB 6-7-2009 )
Additional amount of Rs. 430 crore to modernise police machinery in states (PIB 6-7-2009 )
Recommendations of Committee on one rank one pension for ex-servicemen accepted (PIB 6-7-2009 )
Plan Budget for Higher Education Increased by Rs. 2000 crore (PIB 6-7-2009 )
Outlays for Commonwealth Games stepped up to Rs. 3,472 crore (PIB 6-7-2009 )
Rs. 500 crore allocated for rehabilitation of internally displaced persons and reconstruction of northern and eastern areas of Sri Lanka (PIB 6-7-2009 )
Fringe Benefit Tax and Commodity Transaction tax to be abolished (PIB 6-7-2009 )
Adjustment assistance scheme to provide enhanced ECGC cover extended till March 2010 (PIB 6-7-2009 )
Interest Subvention of 2% extended till March 31, 2010 (PIB 6-7-2009 )
Extension of Stimulus Package for Print Media till 31st December 2009 (PIB 6-7-2009 )
Customs duty on LCD panels reduced (PIB 6-7-2009 )
Duties on life saving drugs reduced (PIB 6-7-2009 )
EPCs and FIEo exempted from Service Tax (PIB 6-7-2009 )
Capital expenditure on warehousing for agricultural produce, oil and gas pipeline on common carrier allowable as deduction (PIB 6-7-2009 )
Presumptive taxation to cover all small businesses of up to Rs. 40 lakh turnover (PIB 6-7-2009 )
Fiscal deficit projected at 6.8% of GDP; revenue deficit estimated would be 4.8 % in 2009-10 (PIB 6-7-2009 )
Gross budgetary support increased by Rs. 40,000 crore (PIB 6-7-2009 )
Income Tax exemption limit increased by Rs.15,000 for senior citizens and by Rs. 10,000 for others (PIB 6-7-2009 )
Income of NPS Trust to be exempt from income tax; also from DDT and STT (PIB 6-7-2009 )
Tax holiday for Oil and Gas blocks to be awarded under NELP-VIII (PIB 6-7-2009 )
Poor persons to have legal entitlement for food (PIB 6-7-2009 )
Pradhanmantri Adarsh Gram Yojana (PMAGY) launched (PIB 6-7-2009 )
Allocation for Bharat Nirman package of six schemes of rural development to step up by 45% (PIB 6-7-2009 )
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