Highlights of Budget 2009

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*       Fund alloction for urban poor accommodation is 3,973,000 cr
*       JNNURM allocation hiked by 87 per cent
*       NHAI allocation up by 23 per cent
*       Hike infrastructure investment to over 9% of GDP by 2014
*       IIFCL will refinance 60% of commercial bank loans in PPP
*       IIFCL will look at new projects
*       IIFCL will also look at incremental lending by banks
*       New company IIFCL to look at infrastructure needs
*       Two worst quarters since September slowdown behind us

       Signs of revival in the domestic industry

/budget09

Replies (80)
  • Hike in allocation for Mumbai flood managemen
  • Housing allocation hiked under Rajiv Awaas Yojana
  • More Stimulus packa Total fiscal stimulus for 2008-09 amounts to Rs 1,86,000 cr

 

 

Export Credit Guarantee scheme extended till March 2010

Pranab Mukherjee quotes Kautilya in Budget speech

Incentives in interest rates to farmers to pay back

Print media stimulus package extended by six months

Target for agriculture credit raised to Rs 3,25,000 cr in 2009-10

FIIs have returned to India in last few months

Storm-water drainage project fund hiked to Rs 500 cr

Blueprint for national gas grid

Additional budget allocation to farmers

Allocation of Rashtriya Krishi Vikas Yojna stepped up by 30%

  • Move towards energy security via Integrated Energy Act

  • Saral-II forms to simplify taxation process

  • An expert panel will look into petroleum product pricing

  • Domestic oil prices must be in sync with global prices

  • Export Credit Guarantee scheme extended till March 2010

  • Pranab Mukherjee quotes Kautilya in Budget speech

  • Incentives in interest rates to farmers to pay back

  • Print media stimulus package extended by six months

you are doing a good job for those articles who are not attend budget

Thanks a lot Nikita...

Indira Awaas Yojna hiked by 63% to Rs 8,883 cr

Rs 39,100 crore allocation for NREGA

NREGA gave employment opportunities to more than 4.479 cr households

Aam Aadmi is the focus of all UPA's schemes

Banking network to be expanded

One banking centre in every bloc

Banks, insurance to stay with Govt

Raise threshold for non-promoter public listed companies

FM recalls Indira Gandhi's bank nationalisation

 

  • Rural mega clusters in Bengal and Rajasthan

  • Interest subsidy for home loans up to Rs 1 lakh

  • Interest subsidy on education loans

  • Rashtriya Mahila Kosh corpus to be raised to Rs 500 crore

  • Rs 2,000 cr for rural housing fund under National Housing Bank

  • National Mission for female literacy

  • NREGA allocation up 144%

Sens*x advances ahead of the Budget, infra stocks gain

MARKET Declines with the Budget effect. almost 14600 rit now

  • Allowances to para-military forces at par with defence forces

  • Unique Identification ID project to roll out in 12-18 months

  • Unique Identification ID project to tap private talent

  • Allocation for NRHM to be raised by Rs 257 cr

  • National action plan on climate change

  • Full interest subsidy for students in approved institutions

  • Modernisation of national employment exchanges

  • 50% cent of rural women in self-help groups

 
 
Originally posted by :CA Nikita
" any 
change in it slab ? 
 
"


 

A sip of water before announcing tax proposals... he does need it

 

Setting up of centralized centre where paper returns and electronic returns will be processed

 For live commentery of Budget 2009 log on to https://business.rediff.com/money/budget-2009-commtry.html.

& for live webcast https://budgetlive.nic.in/


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