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GDP to grow by 6.9 per cent in 2011-12
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Tax rate for income above 10 lakh to be 30 per cent
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Tax rate for income from 5 to 10 lakh to be 10 per cent
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Tax rate for income from 2 lakh to 5 lakh to be 10 per cent
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Individual tax payer exemption limit to be raised to Rs 200,000 from Rs 180,000.
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Revenue deficit for 2012-13 projected at Rs 1,85,752 crore.
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Total debt of the Centre will be 45 per cent of GDP.
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Determined to bring down fiscal deficit to 5.1 per cent of GDP next fiscal.
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Fiscal deficit at 5.9 per cent of GDP in revised estimates for 2011-12.
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Direct tax collection fell short by Rs 32,000 crore in current fiscal.
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Non-plan expenditure Rs 9,69,900 crore in 2012-13; 8.7 per cent higher than current year.
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Rs 193,407 crore provision made for defence services in 2012-13.
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White Paper on black money to be tabled in current session of Parliament.
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Excise duty on large cars raised from 22 per cent to 24 per cent
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Most luxury items, eating out, air travel, leisure activities will cost more
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Service tax rates hiked from 10 per cent to 12 per cent
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Service tax net drastically widened; to include most sectors
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Team to study common tax code for service tax and central excise to be set up.
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Copyright relating to cinematography in film industry exempted from service tax.
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All services except 17 in the negative list to be brought under service tax net.
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Direct taxes proposals to result in net revenue loss of Rs 4,500 crore.
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Introduction of compulsory reporting of assets held abroad.
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Securities Transaction Tax (STT) reduced from 0.125 per cent to 0.1 per cent.
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Capital gains tax on residential property exempted if sale proceeds used for SMEs.
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Tax exemption of up to Rs 5,000 for health insurance for annual preventive health checkup.
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Withholding tax on power, airlines, road and brides, ports and shipyard, fertilisers, dams and affordable houses lowered to 5 pc from 20 pc for 3 years.
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No change in corporate tax rate.
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No tax on saving bank interest up to 10,000 for those having income up to Rs 5 lakh.
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DTC rates introduced on personal income tax.
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Net tax receipts of the Centre in 2011-12 stands at Rs 7,71,071 crore.
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Income tax and corporate tax collections have fallen
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40 crore Aadhar enrollment in year beginning April 2012.
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Information on blackmoney stashed abroad has started flowing in; prosecution to be executed in some cases.
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Rs 3,915 crore to be spent on National Rural Livelihood Mission.
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Rs 1000 crore to be provided for National Skill Development Corporation in 2012-13.
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Interest subvention of 7 pc to women self groups for loans up to Rs 3 lakh, additional 3 pc for those making timelyrepayment.
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Rs 20,822 crore earmarked for National Rural Health Mission against Rs 18,115 crore this year.
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Rs 20,000 cr to be spent on rural infrastructure development, including Rs 5,000 cr for creating warehousing facilities.
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National Backward Region Grant scheme outlay raised by 22 per cent to Rs 12,040 crore.
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Allocation for rural drinking water and sanitation scheme increased from Rs 11,000 cr in FY 12 to Rs 14,000 cr in 2012-13.
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Rs 15,850 cr to be allocated to Integrated Child Development Scheme in 2012-13 as against Rs 10,000 cr this fiscal.
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Govt to create PDS through Adhaar platform by Dec to realise objectives of Food Security Bill.
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National Mission on Food Processing to be started in 2012-13. Government to provide Rs 10,000 crore to NABARD for refinancing regional rural banks.
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Agriculture credit target to be raised by Rs 100,000 cr to Rs 5,75,000 cr
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Government to set up Rs 5000 crore venture fund for MSME sector.
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India will become self-sufficient in urea production in five years.
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Proposal to allow foreign airlines to participate direct or indirectly in India being considered actively.
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External commercial borrowings to the extent of USD one billion to be allowed for aviation sector for next year.
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8,800-km of highways to be developed under National Highway Development Project in 2012-13
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Govt to double tax free bonds for infrastructure financing to Rs 60,000 crore in next FY
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Infrastructure investment in 12th Plan to go up to Rs 50 lakh crore; half of it to come from pvt sector
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Rs 15,888 cr to be provided for capitalisation of public sector and regional rural banks and NABARD.
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Microfin institution regulation bill, natl housing bank regulation bill, reg bank regulation bill and public debt management bill this session.
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IPO equity offer above Rs 10 crore will have to be made electronically in capital market reforms.
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Income Tax deduction of 50 per cent on investments of up to Rs 50,000 in savings scheme named after Rajiv Gandhi.
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Examining new ways of providing subsidies for LPG, kerosene
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Efforts to arrive at broadbased consensus with state governments on allowing FDI in multibrand retail up to 51 per cent
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Government to raise Rs 30,000 crore in 2012-13 from disinvestment of stake in PSUs.
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Direct Tax Code (DTC) Bill to be enacted at the earliest
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Pilot project for direct transfer of subsidiary for kerosene has been initiated in Alwar, Rajasthan.
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Food Security Act will be fully provided for and subsidy to be 2 per cent of GDP for next two years
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Govt to fully provide for food subsidy and food security act in 2012-13.
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GDP to grow by 7.6 per cent in 2012-13; plus, minus 0.25 per cent.
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Headline inflation to moderate further in next few months and remain stable thereafter
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