Auction for Sale of Govt Stocks

Government of India have announced the sale (re-issue) of (i) “6.49 percent Government Stock 2015” for...

Allocation for Bharat Nirman package of six schemes of rural development to step up by 45%

The Finance Minister Shri Pranab Mukherjee in his Budget Speech in the Lok Sabha today said that the

Pradhanmantri Adarsh Gram Yojana (PMAGY) launched

The Government has launched a new scheme called Pradhanmantri Adarsh Gram Yojana (PMAGY) for the

Poor persons to have legal entitlement for food

In a significant move to ensure food security to poor persons, Government has proposed to bring out the

Convergence of NREGS with other related schemes to be initiated: Finance Minister

The Union Finance Minister Shri Pranab Mukherjee has announced that convergence of National Rural Employment Guarantee Scheme (NREGS) with other schemes relating to

Tax holiday for Oil and Gas blocks to be awarded under NELP-VIII

The Finance Minister Shri Pranab Mukherjee in his Budget proposals presented to the Lok Sabha today

Income of NPS Trust to be exempt from income tax; also from DDT and STT

Shri Pranab Mukherjee, Minister of Finance in his Budget Speech informed the Lok Sabha today

Income Tax exemption limit increased by Rs.15,000 for senior citizens and by Rs. 10,000 for others

The Finance Minister Shri Pranab Mukherjee in his Budget Speech today in the Lok Sabha proposed in increase the

Gross budgetary support increased by Rs. 40,000 crore

The Finance Minister Shri Pranab Mukherjee in his Budget Speech informed the Lok Sabha today...

Fiscal deficit projected at 6.8% of GDP; revenue deficit estimated would be 4.8 % in 2009-10

The Finance Minister Shri Pranab Mukherjee has said that the fiscal deficit as a percentage of GDP is projected at 6.8% as compared to 2.5% of the

Presumptive taxation to cover all small businesses of up to Rs. 40 lakh turnover

The Finance Minister Shri Pranab Mukherjee, in his Budget speech today, has proposed to expand the

Capital expenditure on warehousing for agricultural produce, oil and gas pipeline on common carrier allowable as deduction

The Finance Minister Shri Pranab Mukherjee proposed in the General Budget today,

EPCs and FIEo exempted from Service Tax

The Export Promotion Councils (EPCs) and the Federation of Indian Export Organisations (FIEO),

Excise duty on petrol driven trucks/lorries reduced

Shri Pranab Mukherjee, Union Finance Minister, has announced the reduction of excise duty applicable to large cars / utility vehicles of engine capacity of 2000 cc and above from Rs.20,000 per vehicle to Rs.15,000 per vehicle.

Duties on life saving drugs reduced

The basic customs duty on influenza vaccine and nine specified life saving drugs used for the

Customs duty on LCD panels reduced

While announcing the Indirect Taxes in the General Budget 2009-10 presented in Lok Sabha today,

Extension of Stimulus Package for Print Media till 31st December 2009

The Stimulus Package given to the Print Media in February 2009 has been further extended by the

Interest Subvention of 2% extended till March 31, 2010

With a view to insulate the employment-oriented export sectors from the global meltdown,

Adjustment assistance scheme to provide enhanced ECGC cover extended till March 2010

To provide assistance to the exporters and help them overcome the short term disadvantages,

Fringe Benefit Tax and Commodity Transaction tax to be abolished

The Finance Minister, Shri Pranab Mukherjee has proposed to abolish Fringe Benefit Tax on the

Rs. 500 crore allocated for rehabilitation of internally displaced persons and reconstruction of northern and eastern areas of Sri Lanka

The Finance Minister, Shri Pranab Mukherjee has proposed to allocate Rs. 500 crore for the

Outlays for Commonwealth Games stepped up to Rs. 3,472 crore

The Finance Minister, Shri Pranab Mukherjee has proposed to substantially enhance the

Plan Budget for Higher Education Increased by Rs. 2000 crore

The provisions for the Scheme ‘Mission in Education through ICT’ has been substantially increased to

Recommendations of Committee on one rank one pension for ex-servicemen accepted

Based on the recommendation of the Committee headed by the Cabinet Secretary on One Rank One Pension (OROP), the Government has decided to substantially improve the

Additional amount of Rs. 430 crore to modernise police machinery in states

For modernization of police force in the States, the Finance Minister, Shri Pranab Mukherjee has proposed an additional amount of

Allocation of Rs. 120 crore to UIDAI

The Unique Identification Authority of India (UIDAI) set up recently by the Government, will establish an online data base with identity and biometric details of

Increased allocations for infrastructure development

The Finance Minister, Shri Pranab Mukherjee in his budget speech today has announced higher allocations in a number of infrastructure sector.

More Stress on Rural Roads in Budget 2009-10

The total budgetary support for rural roads in 2009-10 Rs.12000 crore out of which a provision of Rs.1067 crore have been earmarked for North-Eastern Region and Sikkim.

Budgetary support stepped up for Road Transport and Highways

To accelerate the process of economic development and remove inter-regional disparities, there has been a stress in today’s

Rs.190 Crore budgetary support for Civil Aviation

Out of the total Plan Outlay of Rs.12164.76 crore for the Ministry of Civil Aviation, Rs.190 crore is the...

‘Takeout financing’ scheme to be evolved by IIFCL

The India infrastructure Finance Company Limited (IIFCL) will evolve a ‘takeout financing’ scheme in consultation with banks to

National Action Plan on Climate Change: funds to be allocated for the eight National Missions

Necessary funds are proposed to be allocated for the eight National Misssions that are being launched following the...

One handloom mega cluster each for West Bengal and Tamil Nadu, one Powerloom mega cluster for Rajasthan announced

The Union Finance Minister, Shri Pranab Mukherjee, while presenting the Union Budget in Parliament today...

All BPL families proposed to be brought under Rashtriya Swasthya Bima Yojana

The Government proposes to bring all BPL families under the Rashtriya Swasthya Bima Yojana (RSBY). Announcing this while presenting the...

New Project to enable job seekers to register on-line from anywhere to be launched

A new project for the modernization of the Employment Exchanges is to be launched in Public Private Partnership. Announcing this while presenting the...

Plan Outlay for Ministry of Minority Affairs increased by 74 per cent

The Plan Outlay of the Ministry of Minority Affairs has been enhanced from Rs. 1,000 crore in BE 2008-09 to...

ICDS to be extended to every child under six by March 2012

The Union Finance Minister Shri Pranab Mukherjee while presenting the Budget in Parliament today has announced that the...

50 Per Cent of total rural women proposed to be enrolled in self help groups, corpus of Rashtriya Mahila Kosh to be raised to 500 crore in next five years

The Government proposes to enroll at least 50% of all rural women, in the country, as members of Self Help Groups (SHG) over the...

50 Per Cent of all rural women proposed to be enrolled in self help groups, corpus of Rashtriya Mahila Kosh to be raised to 500 crore in next five years

The Government proposed to enroll at least 50% of all rural women, in the country, as members of

Summary of Union Budget 2009-10

The Budget seeks to address the three challenges facing the economy - to lead the economy back to the...

Highlights of the Budget

• THE FINANCE MINISTER SHRI PRANAB MUKHERJEE, UNVEILS MASSIVE HIKE IN EXPENDITURE TO PUT THE ECONOMY ON GROWTH PATH.

Expansion of banking network in the country off-site ATMs without prior approval

The Union Minister of Finance Shri Pranab Mukherjee while presenting the budget 2009-10 in Lok Sabha today...

Expert Group to advice on petroleum and diesel prices.

The Government will set up an Expert Group to advice on a viable and sustainable system of...

DEBT - Payment Relief for farmers task force for Maharashtra

The Union Minister of Finance Shri Pranab Mukherjee while presenting the budget 2009-10 in Lok Sabha today announced the

In Agriculture credit flow of Rs. 3,25,000 crore targeted for the year 2009-10

The Minister of Finance Shri Pranab Mukherjee while presenting the budget 2009-10 in Lok Sabha today stated that the

High GDP growth, inclusive development and improved delivery mechanism to be key challenges- Finance Minister

The Finance Minister Shri Pranab Mukherjee while presenting Budget 2009-10 in Lok Sabha today has said that the...

Rs. 1,86,000 Crore worth fiscal stimulus to counter global slow down.

The Minister of Finance Shri Pranab Mukherjee while pressing the budget 2009-10 in Lok Sabha today has said that the

The Finance Minister outlines the focus areas for 2009-10

The Minister of Finance Shri Pranab Mukherjee has outlined the focus areas to anchor its policy frame work for