Build your professional network on facebook via our app Go to app
 
 
 

Budget highlights -2011

Created by : Srinivas suravajhala, Asst. Manager.  | 02 28 2011 10:51:23 +0000
Keywords : budget highlights -2011
Activity:  432 views;  last activity : 03 03 2011 17:40:26 +0000
 
 Refer 792
Share
 
 
  Rate : 
 
 
Diplomatic budget Vs Something Special
7
 
 
 
 
5
9
6
Support   Support
 
Top Argument
1
0
On many fronts it is a resourceful budget
By Christopher John Titus, Engineering Manager (Design), Integrated Design Technologies  03 01 2011 11:46:59 +0000
0
0
hello Jyoti,budget seems to be diplomatic enough but,still when it comes to results it will not be so.
By jairaj shyam prasad, Production Manager, BOSCH Ltd  | 03 03 2011 17:40:25 +0000
0
0
It is a diplomatic budget and a very election oriented budget
By Priyanka Agarwal, Cerificate student, Indian Institute Of Management (IIM), Indore  | 03 01 2011 12:57:55 +0000
0
0
It's a diplomatic budget & nothing much for aam aadmi.
By SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd  | 03 01 2011 12:53:01 +0000
0
0
it's totally a diplomatic budget.one see thyself that what you get from this.essential things get overridding again and again.
By Dhairya kumar(ДХАИРЯ КУМАР ), Service/Maintenance Engineer, Electrical  | 03 01 2011 11:14:47 +0000
0
0
There are so many factors which says this budget has a diplomatic relation to the upcoming election. A cheaper mobile or refrigerator does matter but prices of essential commodities and health services should be cheaper in the country.After the announcement of Union budget, articles like mobile phones, refrigerator, home loan, cement, printer, paper, soap, steel, LED lights, battery driven vehicles and agriculture would be coming cheaper and things like branded clothes, gold, air travel, ac restaunrats serving liquor, hotel services and health care in private hospitals would be more costlier. This is something called a tie between deficit and growth.Whether its individual or country both suffering from the same situation and i.e.inflation and costlier products.other factors are here to discuss..but we can say this budget is totally not supportive in terms of the individual growth...
By Ashit Jha, Assistant Manager(Client services), Nityo Infotech  | 03 01 2011 08:39:15 +0000
0
0
There is a proposal that Salaried people below the income of Rs. 5 lakhs need not file tax returns. There is no specific pronouncement on this as yet. It is said to be coming into force from the next financial year. Its good even.
By Srinivas suravajhala, Asst. Manager.  | 03 01 2011 07:32:07 +0000
0
0
The budget highlights are  I-T exemption limit raised to Rs 1.80 lakh from Rs 1.60 lakh .  Exemption for senior citizens raised to Rs 2.5 lakh  Tax under women slab unchanged.  Tax exemption raised to Rs 5 lakh for senior citizens of 80 years.  To increase service tax on air travel  Nominal one per cent central excise duty on 130 items entering the tax net. Basic food and fuel and precious stones, gold and silver jewellery will be exempted.  Central government debt in proportion to GDP will be 44.2% in 2011-12.  Direct Tax Code Bill likely to be passed by Parliament next financial year after getting Standing Committee report.  Direct Tax Code from April 2012.  Introduction of DTC will be a watershed moment.  Economic growth in 2011-12 likely to be 9 per cent.  GDP estimated growth at 8.6% in real terms.  Current account deficit is at 2009-10 levels, and is a matter of concern.
By Srinivas suravajhala, Asst. Manager.  | 02 28 2011 11:31:03 +0000
0
0
The budget highlights are  I-T exemption limit raised to Rs 1.80 lakh from Rs 1.60 lakh .  Exemption for senior citizens raised to Rs 2.5 lakh  Tax under women slab unchanged.  Tax exemption raised to Rs 5 lakh for senior citizens of 80 years.  To increase service tax on air travel  Nominal one per cent central excise duty on 130 items entering the tax net. Basic food and fuel and precious stones, gold and silver jewellery will be exempted.  Central government debt in proportion to GDP will be 44.2% in 2011-12.  Direct Tax Code Bill likely to be passed by Parliament next financial year after getting Standing Committee report.  Direct Tax Code from April 2012.  Introduction of DTC will be a watershed moment.  Economic growth in 2011-12 likely to be 9 per cent.  GDP estimated growth at 8.6% in real terms.  Current account deficit is at 2009-10 levels, and is a matter of concern.
By Srinivas suravajhala, Asst. Manager.  | 02 28 2011 11:02:38 +0000
0
0
Nothing special in it. It seems to be a diplomatic budget. Except for increase of exemption bar from 1.6 lakhs to 1.8 lakhs no new decisions as far as salaried people are concerned. Except for allotments to different sectors and some routine pronouncements there is nothing for the propulsion of the Indian Economy as a whole. What do you believe
By Srinivas suravajhala, Asst. Manager.  | 02 28 2011 10:51:23 +0000
1
0

Something special in budget in the sense, it has taken care of the salaried class, senior citizens and very senior citizens (above the age of 80).

May be diplomatic, but still something special in the budget.


By PS Dhingra, CEO & Vigilance & Transformation Management Consultant, Dhingra Group of Management & Educational Consultants  | 03 01 2011 16:19:38 +0000
0
0

May be diplomatic, but still something special in the budget.
By PS Dhingra, CEO & Vigilance & Transformation Management Consultant, Dhingra Group of Management & Educational Consultants  | 03 01 2011 16:18:04 +0000
0
0

satisfied
By Bhupendra Singh, Head/VP/GM-HR, Dainik Jagran  | 03 01 2011 15:24:25 +0000
1
0
farmers will be benefitted. IT slap increased up to 1.80 lakhs, there will be benefitted medium salaried persons.senior citizens will get benefit.BPL will also get benefit.
By Bhupendra Singh, Head/VP/GM-HR, Dainik Jagran  | 03 01 2011 15:20:32 +0000
0
0

No filing of tax returns if salary is only income.

I think it is good... this will reduce the compliance burden on small taxpayers.
By Himanshu Pathak, Sr/Principal Coresspondent, Coresspondent  | 03 01 2011 07:16:52 +0000
Argue for "Diplomatic budget"
Argue for "Something Special"
 Found the debate "Budget highlights -2011"  interesting ?  Suggest to your connections and communities  
 
Viewers also viewed
Fiscal deficit * Fiscal deficit seen at 5.9 percent of GDP in 2011-12 * Fiscal deficit seen at...
 
2998 referals 20 comments, 544 views
The following is a reproduction of from an article I wrote in 2004. 1.  Harnessing the vast...
 
735 referals 18 comments, 325 views
Portals vs Social Media
 
189 referals 5 arguments, 128 views
more...  
Recent Knowledge (3)
These days as I switch on the tv or radio or look at a hoarding I do feel that power of ads I...
 
3004 referals 23 arguments, 482 views
C vs B
 
0 referals 3 arguments, 51 views
I am associate of prajapati association and i am working for BJP from year 2005 to till date....
 
0 referals 3 arguments, 111 views
more...  
Sponsored Jobs
More From Author
Mr. Vinoy, my point is so clear here.  Abetting religious/caste/regional sentiments for party gains is not acceptable and asking someone to cast or not to cast in favour of/against  someone is also not acceptable.  My reference to "Fatwa" is just an...
This news is out today in the news papers. I appreciate Mr. Jabir for his swiftness in bringing the matter to this forum. The Police would have swung into action to apprehend the culprits first instead of heckling at a victim lady for venturing out in...
This is news is out today in the news papers. I appreciate Mr. Jabir for his swiftness in bringing the matter to this forum. The Police would have swung into action and apprehend the culprits first and they can take class to the victim lady for...
more...  
  • Popular Knowledge
  •  
  •  
  • Popular Jobs
  •