Share Budget Updates

 

Direct tax code likely like to be passed by the parliament by next financial year

 

Goods and service tax bill to be introduced in parliament this year

fii allowed to invest in mf scheme now..
1% int subventn on home loans upto rs. 15 lakhs

 

Public debt management agency bill to be introduced in next financial year

rs 20k crore fr bk recapitalizatn
expectd grwoth rate for fy 12 8.75-9.25

 

Discussion on to further liberlise FDI policy

 

Code will be effective April 1, 2012

Economy has shown resilience to external and internal shocks: FM

2lakh 14000 crore for infrastructure development in FY2011

 

Fll investment limit in corporate bond to be raise to 40 billions dollars

Self assessment system in Import and export 

 

Insurance amendment bill, LIC bill and Pension dev. Authority  bill in current session

 

-Propose 5 fold strategy to deal with black money

-Have hiked priority home loan limit to 25 lakh

https://economictimes.indiatimes.com/etbreakingnews/unionbudget2011.html?rdno=0.9874461407307535  

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