logging in or signing up India Union Budget 2009 - 2010 sukhpreeet Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: Embed: Flash iPad Dynamic Copy Does not support media & animations Automatically changes to Flash or non-Flash embed WordPress Embed Customize Embed URL: Copy Thumbnail: Copy The presentation is successfully added In Your Favorites. Views: 9068 Category: News & Reports.. License: All Rights Reserved Like it (8) Dislike it (1) Added: July 06, 2009 This Presentation is Public Favorites: 6 Presentation Description The Finance Minister of India, Mr.Pranab Kumar Mukherjee announced the Union Budget 2009-2010 on 6th July 2009. The presentation highlights the main points. Comments Posting comment... By: sukhpreeet (34 month(s) ago) Thanks Everyone :) Saving..... Post Reply Close Saving..... Edit Comment Close By: ammy.sharp9 (39 month(s) ago) Hiiiiiiiiiiiiiiiiiii..................this is best work on budget bt it could be better if there will be actual budgeting in figure on all taxes Saving..... Post Reply Close Saving..... Edit Comment Close By: yeshjo (39 month(s) ago) Hi, tats great work.............. Saving..... Post Reply Close Saving..... Edit Comment Close By: bdeepakpai (39 month(s) ago) nice presentation - please send it to me to my mail id email@example.com Saving..... Post Reply Close Saving..... Edit Comment Close By: awadesh44rai (39 month(s) ago) thanks fo provinding us such a nice ppt Saving..... Post Reply Close Saving..... Edit Comment Close loading.... See all Premium member Presentation Transcript India Union Budget : India Union Budget 2009 – 2010 - HIGHLIGHTS Slide 3: Pranab Kumar Mukherjee The Current Finance Minister of India. Finance Minister since Jan 24, 2009 Born on December 11, 1935 A prominent State Leader of Indian National Congress and The leader of the house in the Lok Sabha Slide 4: Recently, Mr.Mukherjee announced Union Budget 2009-10 in Lok Sabha. 06 July 2009 Slide 5: The Budget Highlights India targets return to 9% growth 12 million new jobs each year and reduce poverty by half by 2014. Will create close to 12 million jobs Allocation of railways increased to 15,800cr Slide 6: The Budget Highlights Fiscal stimulus of 1,86,000cr provided LNG infrastructure in the country being expanded Rs 3937cr for improvement of urban poor Funding to NHAI stepped up by 23% Slide 7: The Budget Highlights Allocation for Jawaharlal Nehru Urban Renewal Mission raised by 87% to Rs.12,887 crore Tax department to work on early introduction of Saral 2 forms Stimulus for print media extended from June 13 to Dec 31 Rs.1,000 crore to accelerate irrigation projects Slide 8: The Budget Highlights Agriculture development fund increased from Rs.2.87 lakh crore to Rs.3.25 lakh crore Market development assistance scheme for exporters increased by 148 percent to Rs.124 crore Pre-shipment interest subvention set at 2% for textile exporters Will make sufficient funds for infrastructure development Slide 9: The Budget Highlights Allocation for urban poor schemes to be raised to Rs.39,730 crore in 2009-10 Rs 2,000 crore for rural housing fund under National Housing Bank For Indira Awas Yojana, allocation to be increased by 63 per cent in 2009-10 to touch Rs 8,800 crore. Allocation for flagship Bharat Nirman progamme is being raised by 45 per cent. Slide 10: The Budget Highlights NREGA coverage increased from 3.39 crore households in 2007-08 to 4.74 crore households in 2008-09 Rashtriya Mahila Kosh corpus to be raised from Rs 100 crore to Rs 500 crore National Mission for Female Literacy with emphasis on minorities, Scheduled Castes and Scheduled Tribes to be launched 50% of all rural women to be brought into self- help group programmes Slide 11: The Budget Highlights Full interest subsidy for students taking courses in approved institutions. Five lakh students to benefit. Modernisation of national employment exchanges to be carried out. Action initiated to provide social security to unorganised sector workers. First Unique Identification Card to citizens to roll out in 12-18 months. Pranab proposes provision of Rs 120 crore for the project. Slide 12: The Budget Highlights Under National Action Plan on climate change, eight national missions are being launched. For one of the missions, National Ganga Project, Government proposes to increase allocation to Rs 562 crore. Allocation for National Rural Health Mission to be raised by Rs 257 crore over and above the outlay in the interim budget. Commonwealth allocation hiked to Rs 16,300 cr Rs 2,113 cr for IITs and NITs Slide 13: The Budget Highlights Pension of non-commissioned officers to be hiked Commonwealth allocation hiked to Rs 16,300 cr Allocation of Rs 50 cr to Chandigrah University Rs 500 crore for rehabilitation of internally displaced Tamils in Sri Lanka Slide 14: The Budget Highlights Rs 25 cr each for AMU campuses in Murshidabad and Mallapuram Rs 2,113 cr for IITs and NITs Pension of non-commissioned officers to be hiked Rs 1,000 cr for Aila rehabilitation programme to West Bengal Slide 15: The Budget Highlights One rank, one pension scheme for ex- servicemen approved Goods and Services Tax to be introduced from April 1, 2010 Govt committed to tax reforms Total budget expenditure for 2009-10 will Rs 10,28,032 cr Slide 16: The Budget Highlights Plan expenditure, for both Centre and States, to go up by Rs 61,000 cr Fiscal deficit in 2009-10 is proposed at 6.8 per cent of GDP Higher public investment in infrastructure Defense outlay has gone up Slide 17: The Budget Highlights Direct Tax code to be released in 45 days along with discussion paper Share of direct taxes has increased to 56 per cent in 2008-09 over 41 per cent in 2007-08 Personal income tax exemption limit for senior citizens raised by Rs 15,000. No change in corporate tax Slide 18: The Budget Highlights Effort is to improve tax collection by eliminating distortions in tax system and expanding the base IT exemption limit raised; Rs 50,000 for Sr. Citizens Limit raised by Rs 10,000 for tax payers, including women 10% surcharge on personal income tax scrapped Slide 19: The Budget Highlights Fringe Benefit Tax abolished Minimum Alternate Tax on book profits increased to 15 per cent from 10%. Commodities Transaction Tax abolished New pension system trust exempted from security transaction tax and dividend distribution tax Slide 20: The Budget Highlights Income tax incentives on education loans expanded to cover vocational studies after schooling Customs duty of 5 per cent being levied on import of set-top boxes used under Conditional Access System Presumptive Taxation of 8 per cent on businesses of turnover of up to Rs 40 lakh Small businesses up to Rs 40 lakh turnover exempted from filing advance tax returns Slide 21: Pranab Mukherjee, the 73 year old politician, said there would be significant foreign capital inflow increase and also said that….. “I am conscious of people's faith in UPA." Slide 22: His promises are certainly for the betterment of the nation. With the upcoming budget, let’s hope to see India growing and reaching new heights. You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.