Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 8 reasons why old tax regime is still attractive for many taxpayers in this income tax bracket
 March 31 deadline is getting near. How to save income tax with tax loss harvesting?
 45-day MSME payment rule: Impact and details of Section 43B(h) explained
 Small savings schemes that offer tax benefits of up to Rs 1.5 lakh under section 80C
 RE-OPENING OF CORRECTION WINDOW FOR MAY 2024 CA EXAMINATIONS
 Powerful Upgrades, Tally 12+1 months renewal Plan and Connected Services for your growing Business - March 2024
 How innovative solutions can help fix the Sec 43B conundrum for MSMEs
 Income Tax dept asks many individuals to explain high value transactions of FY20-21 as Updated ITR deadline nears
 Release Notes for TallyPrime and TallyPrime Edit Log Release 4.1 | What s New!
 Deadline to file updated ITR FY20-21 ends on March 31: Details on additional tax
 4 tax-planning mistakes to avoid this season

FM Pranab Mukherjee presents his 6th federal budget: Union Budget 2011
February, 28th 2011

Finance Minister Pranab Mukherjee on Monday presents the federal budget in Lok Sabha for the ensuing fiscal and his sixth such exercise in a long political career.

Highlights of the FM's Budget speech:

-- The year was full of challenges for fiscal consilidation: FM

-- Fiscal consolidation has been impressive: FM

-- Growth in 2011 was broad based

-- Economy set for double-digit growth in coming years

-- Need to make development more inclusive

-- To reconcile environment concerns, growth needs

-- Don't see resources as a constraint to growth

-- Food inflation declined to less than half to 9.3%

-- Need to ensure balanced demand and supply

-- Economy has regained pre-crisis growth momentum

-- Food inflation is a big concern

-- High growth trajectory is our aim

-- Corruption is a problem we have to fight collectively

-- Cutting bureaucratic delays, improving response times

-- Don't see resources as a constraint to growth

-- Agriculture sector has shown significant rebound

-- Need to improve regulatory standards to fight corruption

-- Much needs to be done in rural India: FM

-- To reconcile environment concerns, growth needs

-- To introduce Public Debt Management Bill in 2012

-- The economy has shown remarkable resilience

-- DTC to be effective April 1, 2012

-- Economy to grow at 9 percent, plus or minus 0.25 percent in 2012

-- Laying down fiscal consolidation map for next five years

-- Impression of drift in government is misplaced

-- Average inflation to be lower next year, current account deficit to be better managed

-- Recovery in developed nations has taken roots

-- Seen shortcomings in food supply chains

-- Monetary policy is keeping food inflation in check

-- Agriculture growth at 5.4%, industry at 8.1% in 2010-11

-- Must ensure that private investment is sustained

-- Working on simplifying tax rules, trade and tariff reforms

-- Must improve supply response in the agriculture sector

-- Working on simplifying tax rules, trade and tariff norms

-- Corruption is a problem we have to fight collectively

-- Cutting bureaucratic delays, improving response times

-- Nutrient based fertiliser policy for urea under consideration

-- Working on ensuring better delivery for urea, kerosene

-- Availability of fertilisers has improved post new policy

-- GST rounds with states making considerable progress

-- States to cut down fiscal deficit to 3 percent of Gross State GDP by 2014

-- Interest subvention limit raised to Rs 25 lakh

-- To provide Rs 2,000 cr for manufacturing facilities

-- To provide Rs 2000 crore for warehousing facilities

-- Pranab proposes to allocate Rs 6000 cr for some PSU banks to help them maintain Tier-I capital at 8 percent

-- Plan to allow FII limit in infrastructure bonds to $25 bn

-- To bring legislative amendments for banking licenses this year

-- FII limit in corporate bonds raised to $ 40 billion

-- FIIs allowed to invest in MFs; unlisted bonds with minimum lock in period of 3 yrs

-- Continuing discussions to further liberalise FDI policy

-- Task force working on oil subsidy plans

-- Govt commited to retain 51 percent stake in PSUs

-- Retain divestment target of Rs 40,000 crore

-- To move to direct cash subisdy for kerosene, fertiliser

-- Working on ensuring better delivery for urea, kerosene

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting