Union Budget 2011-12 India - Indian Union Budget 2011 India, Indian General Budget 2011

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Union Budget 2011

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Expectations

Industry

Inflation budget to drive flows in market.
Peeyoosh Chadda (Edelweiss AMC)
Expect rollout of long-term infra debt fund this budget
PM seeks GST integration in budget
Govt sources
Pre-budget picks: 3 stocks (Rashtriya Chemicals and Fertilisers, Jain Irrigation and Bharat Electronics) that can give you good upside
Rajesh Jain (Independent Market Strategist)
RBI action to move mkts, budget won't alter mood
Religare
Govt may hike tax exemption limit
Inflation impact
See Nifty at 7000; L&T, RIL to lead rally in 2011
Amar Ambani, IIFL

Citizen's

There should be a reduction in interest rate for education loan...

Divakar

good to see raising of tax exemption limit. The government should..

vijay

The emphasis is on poor and underprivileged and this bodes well for..

ravi kumar

Good average budget, Pranab preferred to err on on the side of..

jackie Singh

Debate

Who should choose the career of a child. Parents or children themselves?

Agree: 80.34%

Disagree: 19.66%

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Highlights of Budget 2011

The budget should stress on initiating measures to control price rises, cut down fiscal deficit and control inflation
Revenue receipt from 3G auction would definitely help to reduce the fiscal deficit, but this being a one time option for improving fiscal deficit, the government should work towards attainment of sustainable fiscal improvement and aim to narrow Governments fiscal deficit to 4.8 per cent of GDP in 2011-12.

Articles

Union Budget 2011-12 indicated..

Views : 181

Comments : 0

All Union Budgets are not just economic exercises, they also have to appropriate national and..

CJ : SUBHASH CHANDRA AGRAWAL

Union Budget 2011: ASSOCHAM expects..

Views : 117

Comments : 0

A slew of recommendations made by ASSOCHAM may help Finance Minister Pranab Mukherjee to drag..

CJ : Neeraj R Krish

Union Budget 2011: Time for deliverance

Views : 152

Comments : 0

With the Union Budget 2011-12 to be presented in few days, it's time to delve into the..

Pranab's 2011-12 budget should check..

Views : 138

Comments : 0

Every Union Budget is an exercise of hope and dashing of hopes. But what matters is that the..

CJ : Thomas Kurien

Photos

Performance Metrics

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Direct & Indirect Taxes

Maintains tax exemption at Rs 1.60 lakh income a year
10% tax on income of Rs 1.6-10 lakh
20% on income over Rs 10 lakh up to Rs 25 lakh
30% on income beyond Rs 25 lakh

CII Wishlist

Steps to remove any bottlenecks to rising investment should be taken in the forthcoming Union Budget so as to further increase our capacity for growth.
Budget should focus on improving competitiveness of Indian exporters

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