26-02-2010, 01:04 PM | #1 |
Member
Join Date: Dec 2009
Posts: 63
Rep Power: 15 |
Budget 2010 analysis and discussion
Petrol price hike by Rs 2.67/litre:NW Diesel price hike by Rs 2.58/Litre: NW Govt's push for infra development to boost GDP growth NMDC, SJVN stake sale to fetch Rs 25000 cr in FY'10 Expect govt to push for disinvestment FM has kept the impetus on disinvestment Fiscal expansion was not sustainable for long Limit for tax credit increased from Rs. 40 to Rs. 60 lks Reduction in surcharge on domestic cos from 10% to 7.5% Commitment to rollout DTC Lower tax burdens on individuals To give Rs.16500 cr to PSU banks in FY'11 Govt to keep service tax unchanged at 10% To raise duty on gold imports to Rs 300/10 grams To raise duty on gold and silver imports To grant project import status for HITS To grant project import status for monorails Excise duty on CFL halved to 4% Imposed 4% excise duty on electric cars To waive excise duty on photovoltaic panels To restore 7.5% duty on petrol and diesel To restore 5% duty on crude petroleum Rollback in excise duty to 10% |
26-02-2010, 01:48 PM | #2 | |
Tech. Support
Join Date: Dec 2009
Location: Bangalore
Posts: 2,771
Rep Power: 35 |
Quote:
__________________
|
|
27-02-2010, 08:02 AM | #3 |
Senior Member
Join Date: Dec 2009
Posts: 444
Rep Power: 18 |
How this budget impact the IT software sector in India? Any ideas..
__________________
Join this forum, it's completely free. |
28-02-2010, 03:27 PM | #4 |
Tech. Support
Join Date: Dec 2009
Location: Bangalore
Posts: 2,771
Rep Power: 35 |
Dude, only good thing for us, is that we will have to pay less taxes this year, although petrol price hike will make it up for that. So, in the end, we will still be screwed.
__________________
|
01-03-2010, 08:20 PM | #5 |
Senior Member
Join Date: Dec 2009
Posts: 444
Rep Power: 18 |
You are right... recession kar karan IT wale salary nahi bara rahe hai.. aur government alag band bajane mein lagi hai..
__________________
Join this forum, it's completely free. |
03-03-2010, 07:37 AM | #6 |
Member
Join Date: Jan 2010
Location: India
Posts: 24
Rep Power: 0 |
hmmmm... no wonder....
|
06-03-2010, 12:10 PM | #7 |
Member
|
this budget does not have anything for bloggers and freelancers.?
RBI keep blocking their money and paypal is not interested to work in India. There is nothing about 3G and NPS. |
Bookmarks |
Tags |
budget 2010, budget 2010 analysis, general budget 2010 |
|
|