Mr. Pranab Mukherjee finance ministerBudget 2010-11

Introduction of Budget Government has several policies to implement

in the overall task in the of performing its function to meet the objective of social & economic growth .For implementing development ,welfare projects &various other relief operation .it is therefore necessary to find out all possible source of getting funds so that revenue can be generated to meet the mounting expenditure . The planning process of assessing revenue expenditure is termed as budget .

Definition

According to Tayler, ” Budget is a financial plan of government for a define period .”

Improving Investment Environment Foreign Direct Investment

Financial Stability and Development Council

Banking Licenses Public Sector Bank Capitalisation

Direct Taxes Income tax slabs for individual taxpayers to be as follows

Income upto Rs 1.6 lakh Nil Income above Rs 1.6 lakh and upto Rs. 5 lakh 10 per cent Income above Rs.5 lakh and upto Rs. 8 lakh 20 per cent Income above Rs. 8 lakh 30 per cent

long-term infrastructure health insurance schem Current surcharge Minimum Alternate Tax

Indirect Taxes Rate reduction in Central Excise duties portland cement and cement clinker ,

portland cement and cement clinker rates 5 per cent on crude petroleum ,7.5 on

dieseland petrol increased Some structural changes scented tobacco,

snuff, chewing tobacco

INCLUSIVE DEVELOPMENT

Education Health Financial Inclusion Social welfare

Agriculture Growth

Agricultural production Reduction in wastage of produce Credit support to farmers Impetus to the food processing sector

Agriculture Growth

Infrastructure Energy Environment and Climate change

Rural Development Rs. 66,100 crore provided for Rural

Development. “Mahatma Gandhi National Rural

Employment” Rural infrastructure programmes “Indira Awas Yojana “ Allocation to Backward Region Grant the Bundelkhand region.

Urban Development and Housing

About urban devlopment Housing and Urban Poverty Alleviation Subvention on housing Rajiv Awas Yojana

BUDGET ESTIMATES 2010-11

Gross Tax Receipts Non Tax Revenue Receipts Plan and Non Plan expenditure the various other financing items for fiscal

defici The rolling targets for fiscal deficit Government’s fiscal accounting.

VISHAL 51

KAUSTUBH 31

ROSHAN 25

RAHUL 39

OMKAR 19

VENKATESH 26

DINESH 45

THANKYOU