Tag Archives: highlights

Budget highlights – 10

pranab mukherjee budgetMore budget highlights for 2011-12: * Revenue gain of Rs.11,000 crore from increase in indirect taxes. * Service tax payers with turnover of Rs.60 lakh exempt from government audit. * Electronic filing of TDS returns at source stabilised; simplified forms to be introduced for small taxpayers. * Bill to be introduced to review Indian Stamp […]

Budget highlights – 8

More highlights of budget for 2011-12: * Expenditure in 2011-12 estimated at Rs.12,57,729 crore, an increase of 13.4 percent. * Tax receipts in 2010-11 at Rs.9,32,440 crore, an increase of 24.9 percent; non-tax receipts at Rs.1,25,435 crore * Tax exemption limit raised from 160,000 to 180,000; for senior citizens qualifying age reduced from 65 to […]

Railway budget highlights 4

More highlights from Railway Minister Mamata Banerjee’s budget presented in the Lok Sabha Friday: * Upgraded class of air conditioned travel to be introduced shortly. * Anti-collision device, successful in North West Frontier Railway, to be extended to three more zonal railways. * Railways always been a soft target but law and order a state […]

Railway budget highlights 2

Following are more highlights from Mamata Banerjee’s railway budget, presented in the Lok Sabha Friday: * First coach from Rai Bareli factory in next three months. * Work on wagon factory in Orissa to begin after land is acquired. * Railways to set up factory in Jammu and Kashmir. * To set up Metro coach […]

Railway budget highlights

Railway budget 6Highlights of the railway budget presented in the Lok Sabha Friday by Railway Minister Mamata Banerjee: * Combines strong economic focus along with inclusion. * Small incidents give us a bad name. * Developed business-oriented policies to aid industry. * Happy to announce through 85 PPP proposals received; set up single-window sustem to take these […]

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