Union budget: 2009-10
BUDGET DOCUMENTS
- Key to Budget
- Budget Highlights
- Budget Speech
- Budget at a Glance
- Annual Financial Statement
- Finance Bill
- Memorandum
- Receipt Budget
- Expenditure Budget
- Customs and Central Excise
- The Macro Economic Framework Statement
- The Medium Term Fiscal Policy Statement
- The Fiscal Policy Strategy Statement
- Statement of Revenue Foregone
DETAILED BUDGET HIGHLIGHTS
- ISRO allocated 40 per cent more funds over last year
- AAI gets Rs99 crore for developing airports
- `Health For All': Allocation for rural schemes raised to Rs21,113 crore
- ECGC cover for exporters extended till March 2010
- Budget 2009-10: A 34 per cent booster shot for defence
- Mukherjee envisages Rs100,000 crore spending on infrastructure
- Budget 2009-10: Budgetary support up Rs40,000 crore; states allowed to borrow additional 0.5 per cent of GSDP
- Union budget 2009-10: Greater emphasis on social sector
- Mukherjee doles out tax sops to individuals, select businesses
- Budget 2009-10: FM allocates Rs39,000 crore for rural employment
- Budget 2009-10: FM announces Rs186,000 crore stimulus to counter slowdown
- Budget 2009-10 banks on infrastructure, fiscal stimulus for 'inclusive growth'
- FM presents Union Budget 2009-10
SECTORS
- Government working on Food Security Act details: Pawar
- Oil & gas: left hand takes away what right hand gives
- Budget gives impetus to highway projects through IIFCL
- Big spend on rural schemes, but no specifics on delivery
- Higher rural outlay excites FMCG companies
- Auto sector grateful for small mercies
- Pharma's biggest boost comes from removal of fringe benefit tax
- Budget does little for troubled textile sector
REACTIONS
- Taxpayers welcome relief and Saral forms
- Contributes to infrastructure development across the country: Pradeep Jain, chairman, Parsvnath Developers Limited
- Well-crafted test match innings: Harsh Goenka, chairman, RPG Enterprises
- Despite capital support to government-owned banks, asset quality concerns remain: Fitch
- Focused stimulus was best: Kurt Rippholz, group communications head, Volkswagen India
- A budget for sustainable growth: Rana Kapoor, founder, MD and CEO, Yes Bank
- No significant mention on divestments: Vikram Kotak, CIO, Birla Sun Life Insurance
- A good, strong diet of sustainable growth: Madhabi Puri Buch, MD & CEO, ICICI Securities Ltd
- A daring budget and a job well done: FICCI president H P Singhania
- Travel, hospitality industry ignored: FHRAI chief M P Purshotharam
- SST for life insurers unfair: Asa Life CFO V Srinivasan
- A budget for sustainable growth: Rana Kapoor, founder, MD And CEO, Yes Bank
- No significant mention on divestments: Vikram Kotak, CIO, Birla Sun Life Insurance
- A good, strong diet of sustainable growth: Madhabi Puri Buch, MD & CEO, ICICI Securities Ltd
- Focuses on inclusive growth and equitable development: Vinnie Mehta, Executive Director, MAIT
- Provides long term direction to inclusive growth: M. Narsimha Rao, President, Hyderabad Software Exporters Association
- Impact on Corporates Credit Neutral : Fitch
- Commodity markets pleased with CTT removal
- Provides fiscal stimulus through greater public spending: Meera Sanyal, country executive, ABN Amro Bank India
- Good for the IT sector: Ajai Chowdhry, CEO and chairman, HCL Infosystems Ltd
- Commendable job, says PM
COMMENT
- Save yourself the trouble, take back your Rs1,000
- Populism runs riot
- Continues from where the last stimulus packages left off
SPECIAL REPORTS
- Jaswant Singh calls for formation of ministry of economic development
- FBT abolition may attract more tax on professionals
- Budget goes easy on disinvestment; to realise Rs1,120 crore this year
- Ford announces post-Budget price cut for Endeavour
- High fiscal deficit to stimulate growth, says Mukherhee
- Budget does away with Fringe Benefit Tax
- Donations to political parties to get 100 per cent tax exemption
- IIFCL to evolve 'takeout financing' for infra sector
- Commonwealth Games get a booster shot
- Rural healthcare will improve
- Stimulus package for print media extended till 31 December
- Government allows banks to issue zero coupon bonds
- Focus on self-help groups for rural women
- Civil aviation outlay at Rs12,164.76 crore
- Unique Identification Authority of India receives funding of Rs120 crore
- Funds to be allocated for the eight National Missions on Climate Change
- Panel to advise on petro fuel pricing; tax sops for gas projects
- Mukherjee promises banking facility in all blocks in three years
- Foodgrains at Rs3 per kg to be made legal right for BPO families
- FM mulls setting up expert group to advice on fuel price
PRE-BUDGET REPORTS
- Budget: Interesting budget quotes
- Budget: Some interesting facts
- Budget: FAQs
- Letter to the finance minister: Unorthodox fund raising proposals for the finance minister
- Cement firms seek budgetary cuts in excise, import duty
- Forget the fiscal deficit, pamper us!
- Hotel industry seeks infrastructure status, easier credit
- Consumer durables industry seeks levy reduction in budget
Interim Budget 2009
BUDGET DOCUMENTS
- Key to Budget
- Budget Highlights (Key Features)
- Budget Speech
- Budget At a Glance
- Annual Financial Statement
- Finance Bill
- Receipt Budget
- Expenditure Budget
- Implementation of Budget Announcements
- The Macro Economic Framework Statement
- The Medium Term Fiscal Policy Statement
- The Fiscal Policy Strategy Statement
REACTIONS
- Interim Budget 2009: A non-event, say industry experts
- Interim Budget 2009: Budget very disappointing, says Credai-NCR chief
- Interim Budget 2009: Nasscom lauds budget, but seeks more
SPECIAL REPORTS
- Budget to be presented on 3 July
- The text of Pranab Mukherjee's opening remarks at his first press conference as finance minister in the new UPA governement on 25 May
- Pranab Mukherjee hints at higher deficit to boost economy
- Budget sops were not needed, government had done enough
- Interim Budget 2009: Agriculture gets a 5 per cent boost
- Interim Budget 2009: No change in direct tax rates
- Interim Budget 2009: $32.4 billion FDI received in 2007-08
- Interim Budget 2009: Chidambaram hails budget
- Interim Budget 2009: Social programmes get a boost
- Interim Budget 2009: Fiscal deficit zooms to 6 per cent; seen falling to 5.5 per cent in 2009-10
- Interim Budget 2009: Highlights Of Interim Budget 2009-2010
- Interim Budget 2009: Plan, non-plan spending hiked
- Interim Budget 2009: Defence budget hiked to Rs.141,703 crore
- Budget projects fiscal 2009-10 spending at Rs9,53,231 crore
- Interim Budget 2009: Industry disappointed, others neutral
