Union budget: 2011-12
BUDGET DOCUMENTS
- Key to Budget Documents
- Budget Highlights (Key Features)
- Budget Speech
- Budget at a Glance
- Annual Financial Statement
- Finance Bill
- Memorandum
- Receipt Budget
- Expenditure Budget
- Customs & Central Excise
- The Macro Economic Framework Statement
- The Medium Term Fiscal Policy Statement
- The Fiscal Policy Strategy Statement
- Statement of Revenue Foregone
- Implementation of Budget Announcements
DETAILED BUDGET HIGHLIGHTS
SECTORS
- Pressure mounts on Pranab to roll back 'sick' tax
- Apparel industry shuts shop to protest excise duty levy
- Petrol prices may be raised, with no budgetary relief in duties
- IT industry disappointed over withdrawal of sops
- Budget will push up healthcare costs: experts
- Export duty hike on low-grade Goan ore 'unfair'
- Budget 2011-12 Impact: Sectors that lost/gained the most
- Sensex rises on euphoria; pares gains to close 131 points higher
- Defence gets a 11% booster shot
- Government to raise Rs.40,000 crore through disinvestment
- Fresh focus on hybrid, electric vehicles: Pranab
- Education concessions for scheduled castes, tribes
- FM focuses on farm sector; cuts interest rate on loans
- Housing sector gets a boost
- Mukherjee raises FII limits for infrastructure investments
REACTIONS
- Garment makers launch stir against Pranab's excise hike
- Broadens the tax base, ensures fiscal discipline: Minakshi Batra, India Director, IDA Ireland
- Cannot see any negatives: Adi Godrej, chairman, Godrej Group
- Brilliant job of balancing the challenges: Y C Deveshwar, chairman, ITC Limited
- Commendable: Narayan S A, Director, Kotak Securities
- Impact on Banking: Soujanya P, manager, banking sector, CARE
- Additional resources for energy access needed: Pashupathy Gopalan, managing director, SunEdison Energy India Pvt Ltd
- Creates eco-system for growth: Anirban Roy, managing director, SEED Financial Services
COMMENT
- Balancing growth, inflation, fiscal deficit a challenge in fiscal year shead: S&P
- Funds for social schemes seem to be vanishing
- Confidently targetting all-round growth
- Reflects unstated confidence
- Enhanced GDP growth to boost social sector
- Encouraging efforts to maintain fiscal deficit reduction
SPECIAL REPORTS
- Relief for art lovers as customs duty goes
- Pranab's promises must be delivered: Templeton
- Major rebates for green initiatives
- Union Budget 2011-12: Scaling up resource flows for double-digit growth
- No changes in income tax slabs, corporate surcharge down
- Corporate tax: Relief on surcharge, MAT raised marginally
- Fiscal stimulus to continue
- Five-fold strategy to deal with black money
- Mukherjee raises FII limits for infrastructure investments
- Mukherjee projects 2010-11 GDP growth at 8.5 per cent