Lighter side of Budget
06 July 2009
- The focus of all government schemes is the Aam admi… Bichara Is bar bhi nahi bachega !!!!1
- Income Tax returns to be made simpler… May be Chidambaram can understand this time..
- NREGA wages at Rs 100 a day.. Min amount to be given to sarkari babus for Rishwat
- NREGA outlay hiked by 144 per cent to Rs 39,100 crore in 2009-10… Wat a turnover
- Work has started on the National Food Security scheme that aims to provide food at cheaper rates to the poor… If you find poor people benefitted from the scheme let me know
- The number of households to be covered by NREGA hiked to 4.74 crore households in 2008-09, from 3.39 crore households in 2007-08.. Just keep counting till all of us are under this priviledge..
- Bharat Nirman progamme outlay being raised by 45 per cent.. Contractors Rejoice for more potholes to be covered now..
- SARAL II to be unveiled .. The word Saral should be replaced
- Senior citizens exemption limit set at Rs 2.4 lakh.. And rate of interest of FDs are decreased !!?!! Wat sense does this make..
- Income tax exemption limit for women raised by Rs 10,000; Rs 10,000 up from Rs 1,50,000 for all others… Power of Soniaji
- Surcharge on personal income tax (10%) abolished.. Refund the previous as well
- Fringe Benefit Tax abolished.. Why you put it in the first place..
- Total budget expenditure for 2009-10 crossed Rs 10 lakh crore mark for the first time; put at Rs 10,28,032 crore… Print Print and Print
- Unique Identification Card that covers all citizens to be unveiled in 12-18 months; project outlay set at Rs 120 crore.. One more card after PAN , MIN , Ration ,etc.
- Commonwealth Games outlay increased to Rs 3,472 crore.. Atleast get some gold for the country..
- Sri Lanka Tamils displaced by the internecine war to get Rs 500 crore for rehabilitation purposes… Means the Ministers will be richer by 500 crs..
- Defence gets a 34 per cent hike, outlay at Rs 1,41,703 crore for 2009-10; in 2008-09 its was Rs 1,05,600 crore… Join the Army..
- Centre plus States plan expenditure hiked by Rs 61,000 crore over the Interim Budget
- Fiscal deficit in 2009-10 announced at 6.8 per cent of GDP..Can we match this ever
- Direct taxes share jumps to 56 per cent in 2008-09; it was 41 per cent in 2007-08.. That was unexpected in Recession
- Investment linked tax benefits in areas of agriculture and national grid, to incentivise business, to be started.. Lets do farming!!!!!
- 45-day target set for release of Direct Tax code.. Date of target date after a year
- Tax base to be expanded; two authorities for advance ruling to be set up to improve the efficiency of tax system; distortions in tax system to be ironed out.. Catch a dhobi..
- Minimum Alternate Tax on book profits hiked from 10 per cent to 15 per cent..
- Corporate tax to remain as earlier… Few more people will be fired today…
- Customs duty on gold and silver imports hiked; on drugs for heart treatment reduced.. heart attacks will be cheaper and marriages expensive
- Excise duty on fibre for cheap cloth decreased.. Ask Mallika Sherawat how happy she feels
- Excise duty reduced to 10 per cent on petrol-driven small trucks.. I didn’t understand this benefit
- Exporters exempted from service tax on select services.. God only know the services..
- Lawyers to fall under Service Tax ambit for providing technical advice.. HAHAHA Fin Min in Court from tomorrow for trials..
- ‘Aila’ cyclone damage relief in West Bengal allocated Rs 1,000 crore.. We need some relief in BSE and NSE as well
- Businesses with turnover of up to Rs 40 lakh to pay presumptive Taxation of 8 per cent.. Sab phas gaye
- To accelerate irrigation project an additional outlay of Rs 1,000 crore was granted.. Seems like some Ekta kapoor serial where we only get to here in 1000s crore
- Export Credit Guarantee scheme has been extended till March 2010.. Where are the exports but…
- Market development assistance scheme allocation hiked by 148 per cent.. Only see percentage
- Stimulus package for print media has been extended by six months.. Staring from Jan 2009
July 7th, 2009 at 8:31 am
it is intresting and informative