Budget 2011 - Highlights

DTC to be implemented from April 1, 2012 

http://goo.gl/fb/k23rP (video)

FIIs will be allowed to invest in mutual funds schemes


To replace excise with ad valorem duties for cement: FM
http://tinyurl.com/4eqz5q7

Service tax widened to cover hotel accommodation above Rs 1,000 per day
http://fb.me/wfVnl5d0

Hotels and hospitals now come under the ambit of Service

No excise duty on equipment for UMPPs: FM
http://tinyurl.com/4eqz5q7

Export duty on iron ore pellets withdrawn: FM
http://tinyurl.com/4eqz5q7

20% ad valorem export duty on iron ore: FM
http://tinyurl.com/4eqz5q7

RBI will issue pvt bank licenses

Net revenue loss on account of taxes and duties will be Rs 200 crore
http://tinyurl.com/4eqz5q7

Service tax to result in a revenue gain of Rs 4,000 crore, says FM
http://tinyurl.com/4eqz5q7

PM: Net revenue loss on account of direct taxes will be Rs 11,500 crore
http://fb.me/QOc0Tqra

Revised scheme for vocational course to improve employability of Youth: FM
http://tinyurl.com/4eqz5q7

21,000 cr for Shiksha Abhiyan: FM 

http://tinyurl.com/4eqz5q7

Special allocations for cleaning rivers other than Ganga

National Knowledge Network by March 2012: FM 

http://tinyurl.com/4eqz5q7

Focus on infrastructure development.

http://bit.ly/hvcCis

Plan to spend 1.6 lakh crore for social projects. 

Rural broadband connectivity to be provided in 3 years; Allocation under Rashtriya Krishi

http://fb.me/wv8c3HyC

Union Budget 2011: Remuneration of anganwadi workers up 100%, from Rs 1500 to Rs 3,000/month. Helpers to get Rs 1,500 from Rs 750

BPL pension: Pension eligibility reduced from 65 years to 60 years 

http://tinyurl.com/4eqz5q7

To allocate Rs 58,000 crore for Bharat Nirman Projects. 

Rs 500 pension for those above 80 years as against Rs 200: FM 

http://tinyurl.com/4eqz5q7

Plan to create 150lac metric tons food storage capacity: FM

http://tinyurl.com/4eqz5q7

Government to extend National Health Scheme to workers in the mining sector. 

Allocation to health sector raised by 20 pct to 267.6 bln rupees in 2011/12 

http://tinyurl.com/4eqz5q7

FM: to set up national mission for hybrid and electric vehicles

http://tinyurl.com/4eqz5q7

Companies Bill to be presented in the next Budget

Education stocks APTECT, NIIT, Everonn, EdServe up by 3-5% on Budget Proposals

Relaxation for eFiling norms for small time tax payers 9 lakh ex gratia payment for disabled defence personnel

Agricultural credit limit raised to Rs 4,75,000 crore 

http://tinyurl.com/4eqz5q7

Agriculture-Cold storage facilities to be enhanced 

http://tinyurl.com/4eqz5q7

To speed up justice in the country, propose a fund of RS 1000 crore to build judicial machinery 

http://fb.me/ImeSRGFQ

Allocation to health sector raised by 20%

Rs 8,000 crore for J&K development

8000 Cr assigned for J&K for development projects: FM 

http://tinyurl.com/4eqz5q7

Funds of Rs 25 Cr and 30 Cr for naxal affected areas: FM 

http://tinyurl.com/4eqz5q7

Age limit for BPL pension eligibility reduced.

No rollback in service tax, to stay at 10 per cent 

Minimum alternate tax raised from 18% to 18.5% of book profits

http://bit.ly/gywRzA

Threshold income tax limit raised from 1.6 lakh to 1.8 lakh, says Mukherjee

http://tinyurl.com/4eqz5q7

FM: to maintain standard rate of excise duty at 10 pct 

http://tinyurl.com/4eqz5q7

Propose to levy MAT on developers of SEZs: FM 

http://tinyurl.com/4eqz5q7

Exemption limit for general tax payers raised to Rs 1,80,000: FM 

http://tinyurl.com/4eqz5q7

New category of very senior citizens for those above 80 years 

Indian Budget 2011: All subsidy continues to be part of planned expenses: FM http://tinyurl.com/4eqz5q7

FM: to extend 20,000 rupees exemption for investment in infra debt funds for another year

Proposal to reduce surcharge on Corporate Tax. 

Pranab presents Budget, says economy to grow by 9% in 2011-12 

http://bit.ly/gC4Jug

Farmers to get loans at 4 per cent 

http://t.in.com/3c60

Healthcare budget up by 20% 

Personal Income Tax exemption limit raised to Rs. 1.8 Lakh from Rs. 1.6 Lakh 

New series of coins with new rupee symbol to be introduced 

http://tinyurl.com/4eqz5q7 

FM: Fiscal deficit 4.6 % in FY12 

http://tinyurl.com/4eqz5q7

Rs 300 cr to be provided as assistance to states for modernising and stamps and registration administration: FM