No new tax on edible oil imports
Excise duty on petrol diven trucks cut
No change in corporate tax
4% excise duty on cotton products restored
Custom duty on silver, excluding jewellery, hiked by Rs 500/ kh to Rs 1,000/ kg
Life saving devices on heart contidion exempted from custom duty
Life saving drugs, including breast cancer, custom duty reduced to 5% from 10%
Custom duty reduced on LCD panels from 10% to 5%
5% Custom duty on Set top boxes
Anoymous donations - grant relief 5% of total income or Rs 1,00,000 whichever is higher
Finance Act 2008 introduced CTT has been abolished
Construction - restore full exemption on goods such as pre-fabricated slabs
Branded jewellery exempted from excise duty
Income tax exemption limit raised by Rs 10,000
Income tax exemption limit for women raised by Rs 10,000
Income tax exemption limit for senior citizens raised by Rs 15,000
Surcharge on personal Income tax scrapped
Individual law consultation not to attract service tax
Tax holiday on commercial production of mineral oil and natural gas on NELP VIII
FBT is scrapped
To release new direct tax code in 45 days
To introduce GST by April 1, 2010
Federal Tax/ GDP ratio is 11.5%
Fiscal deficit seen at 6.8% in FY10
To eliminate tax distortion
Non tax revenue receipts are likely to be better
Enhance budgetary support by Rs 40,000 cr
Budget estimates: Interest payment expected at Rs 2,25,511 cr
Interest payment are a third of expenditure plan
To spend Rs 1.42 lakh cr on defence
Increasing automation in direct tax collection
Aila hurricane relief at Rs 1,000 cr
Plan expenditure up 34% to Rs 3.75 lakh cr
Proposes Rs 500 cr for rehabilation of displaced persons of northern and eastern areas of Sri Lanka
Allocation for new Aligarh Muslim Univ campuses in Bengal, Kerala at Rs 25 cr each
Budget estimates: Rs 10,20,830 cr, Rs 6,95,600 cr non-planned and planned Rs 3,29,100 cr
Plan outlay increased by 74%
Allocation Commonwealth Games raised by more than 50% to Rs 3,472 crore
Sensex down over 900 pts
50% of all rural women to be brought into self-help group programmes
National Mission for Female Literacy to be launched
Govt to build 100,000 homes for paramilitary forces
National Mission for Female Literacy to be launched
Allocation of Rs 2,113 cr for IIT
Govt to spend Rs 120 cr in FY10 in unique ID
Rashtriya Mahila Kosh corpus to be raised to Rs 500 crore
Allocation for flagship Bharat Nirman progamme raised by 45%
Paramilitary housing project to cost Rs 1,000 cr
Certain Pension related benefits extended to war hounded
Paramilitary housing cost estimated at Rs 1,000 cr
Govt proposes to launch housing for 1 lakh para military forces
Unique ID cards in 12-18 months
46 lakh BPL families to come under new health insurance plan
NREGA has been and outstanding success
Right to Information Act been successful
To add handloom clusters in West Bengal and Tamil Nadu
More than 46 lakh people received biometrics card
National Web Portal for employer and employee to be launched
Govt aims to have social security for informal sector
Plan to cut felame illiteracy by half in three yrs
Unorganised Social Security Bill passed by both houses of the Parliament
To launch national mission on female literacy
PM's Adarsh Gram Yojana starts with Rs 100 cr funding
NHB refinance to rural housing sector to be raised
Indira Awaas Yojana outlay increased by 63%
Bharat Nirman outlay raised by 59%
Food security to provide rice, wheat at Rs 3 a kg to poor
Allocation for Indira Awaas Yojana to be increased by 63%
59% increase in allocation for Pradhanmantri Gram Sadak Yojna
Govt to move food security bill very soon
NREGA outlay increased by 144%
NREGA min wages set at Rs 100/day
Income-tax return forms to be made more user-friendly
PSU companies to remaain under government control
8.5% growth in recent past fueled by pvt sector investment
Govt wants public shareholding in PSUs to go up
PSUs to remain under govt control
PSU Banks, insurance firms outside disinvestment plan
Turbulence in world markets left Indian financial sector unaffected
Proposes people's participation in disinvestment programme
IT Saral 2 form to be introduced
Rs 1 lakh crore projects for Infrastructure revival
Fiscal deficit up to 6.2% from 2.7% fo GDP
Institutional reforms to cover subsidies, expenditure
Govt to set-up expert committee to advise on petro pricing products
Markets dip into red, Sensex down 900 pts
To return to FRBM target at the earliest
Special fund of Rs 4,000 cr from Rural Infra Dev fund to provide cheap loans to MSME
To increase fertiliser usage - govt proposes to move from product pricing basis
Return to FRBM target as soon as possible
30% rise in Rashtriya Krishi Vikash Yojana allocation over 2008-09
Budget makes subvention of 1% to benefit farmers
The market development assitance scheme allocation hiked by 148% to Rs 124 cr
Exporters borne the brunt of eco crisis, will provide adj assistance till March 2010
Proposes to extend deadline to farmers to pay off 75% of loans by six months to December 31, 2009
Govt announces rebate for farmers paying loan on time, and lower rate of 6% proposed
Loan for farmers Rs 3,00,000 at 7% per annum
Agriculture records growth of 4% per annum in recent past
The Assam gas cracker project estimated at Rs 5,160 cr
JNNURM support raised by 87%
Sensex up 140 pts to 15057
IIFCL and banks in position to support Rs 1,00,000 cr in infrastructure
Stepped up allocation of funds from Rs 10,800 cr to Rs 15,800 cr for railways
Highway and railways - allocation hiked by 23%
Govt have some success in attracting investments in certain sectors through PPP
FIIs are back in the market, the worst two quarters are behind us
Govt needs to provide further stimulus for the economy
MAT hiked to 15% of book profit from 10%
There are signs of revival in domestic industry
For 1st time I held a meeting with state finance ministers to work together
Gross capital flow rose to over 9% over GDP
Infra investment to be over 9% of GDP by 2014
Highlights of 2008-09: Sharp rise in inflation to nearly 13% and a equally sharp fall to 0%
GDP dips from over 9% average in past three years to 6.7% in 2008-09
Ensure 4% agriculture growth
In Interim Budget I had given a detailed analysis of eco situation
Budget an important mean to present the view of the government
A single Budget Speech cannot solve all our problems.
Aim: To reduce number of people living below poverty line to less than half of current level by 2014
Pranab hails UPA win
In Interim Budget I had stated that the new govt shd sustain 9% growth over a sustained basis