Friday 16 March 2012

Budget 2012-13 Highlight


Budget 2012 highlights

3.6
Deficit

5.13 lac Cr
7.6
GDP growth

2.5 (+ or -)
Reduced
Subsidy
Reduced by 2013

GDP
2%
1.70%

2011`2012



Crude subsidy
continue


Fertilizers
continue


Kerosin.
continue


GST
Aug-13
under progress

DTC
Apr-14
under progress





Rajiv Gandhi Eq Scheme



50000 invest

10 Lacs

Equity Market

50% tax rebate





Capital Market



FII
IPO
Open but restricted

Retail market

51% FDI





Income Tax



upto 2 lacs
NIL


2 -5 Lacs
10%


5 – 10 Lacs
20%


10 Above
30%



Some recommendations and provisions

Service Tax `

10%
12%
STT was rediuced by 20%

1.25%
1%
for delivery base Transaction

20% reduced

Gold
Custom duty

4%
Imported cycle
Custom duty
10%
30%
Commodity Tranx Tax


Nil
Vehicle - Car
Excise Duty
10%
12%


15000
15000+3%
LCD/LED
Custom duty

Nil
Led
Custom duty

less 6%
Two wheelers
Custom duty

More costlier
Four wheeler
Custom duty

More costlier
Imported Cars
Import Duty
50%
75%




SIDBI  Venture Capital
 Additional funds 
5000 Cr





Cigar
Valorem duty

10%
Home Loan
25 Lacs

1% less
Small Home - builders seek


FDI stake
Corporate Tax

No change

Gold  - Import

1.50%
3%

Infrastructure and Power Industry
FY 2013
Power co
10000 Cr  Tax Free bonds
thermal Power -
Duty on Coal removed
60000 Cr
Infra Bonds may issued
30000 Cr
Disinvestment
PSU banks 15888 Cr investments

Aviation 49%
FDI allowed
PPP
Infra development
Property Buy -Sale
TDS attracted


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