|
* ESOPs under FBT * BCCT cash withdrawal limit hiked to Rs 50,000 * 1% additional cess on all taxes to fund secondary education * No change in income tax rates * No change in service tax rates * No change in Corporate Tax rates * I-T exemption limit hiked by Rs 10,000 * Rs 1.95 lakh exemption for senior citizens * I-T limit for women up at Rs 1.45 lakh * Tax benefit for R&D extended for 5 years * MAT extended to IT cos * General custom rate on medical equipment cut * Lower duty on edible oils * Customs duty on polished gems cut * Excise duty on cigarettes up by 5% * Ad valorem duty on petrol, diesel down * Water filters exempted from excise duty * No excise duty on biscuits, instant foods * Lower duty on edible oils * Tax exemption for all research instts * Duty on watchdials, umbrella parts down * Duty on pet food reduced * Import duty on medical ecquipment down * Peak rate for non-farm products @ 10% * Plan to phase out CST * CST rates down by 1% to 3% * VAT revenue up by over 13% * Rs 50 cr each for TNAU, Pant agri varsities * Rs 500 for C'Wealth Games, Rs 60 cr for Youth Games * RRBs to accept NRE/FCNR(B) deposits * 1 lakh jobs to be created for handicapped * Rs 1800 cr for job creation for handicapped * Plan to make Mumbai as world class fin centre * E-governance support hiked to Rs 719 cr * Defence allocation hiked to Rs 96,000 cr * Enhanced PAN to be sole ID for market players * Reverse mortgage scheme for senior citizens * Govt to acquire RBI stake in SBI * Funds for tourism infra hiked * Banks asked to get credit rating for SMEs * Funds for National Highways up * Golden Quadrilateral nearly complete * Tax exemption for Rs 5,000-cr NABARD bonds * Death and disability cover for rural landless households * Weather-based crop insurance launched * Gender budgeting cells in ministries * Funds for SC/ST schemes enhanced * SBI corpus to fund scholarships * Computerisation of PDS * Mid-day meal scheme for upper primary students * 5 lakh classrooms, 2 lakh teachers to be added * Panel to study price rise * Panel to probe futures trade in food items * No new forward contracts in wheat, rice * Increased healthcare allocation * Allocation for education up * National means cum merits scholarship to arrest school drop-out * Gross Budgetary Support for 11th plan hiked * Steps to moderate infaltion * Growth target of 10% achievable |