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Budget 2012 : Tolerable or beyond?

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About "Budget 2012 : Tolerable or beyond?" topic:

Budget 2012 is here and we are sitting here having a look at it. Every luxury item is going to be costlier. Hospital bills might cost less. There is a lot more to this budget than just this. Let us discuss the budget, analyze and understand how should we utilize the good part of it.

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Budget 2012/13- Highlights

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Fiscal deficit * Fiscal deficit seen at 5.9 percent of GDP in 2011-12 * Fiscal deficit seen at 5.1 percent of GDP in 2012-13 Revenue and Taxes * Personal income tax exemption limit raised to Rs 200,000. Those in the Rs 2 lakh-Rs 5 lakh bracket will now be under the 10% slab. Those in the Rs 5 lakh-Rs 10 lakh bracket will come under the 20% slab * Service tax rates raised to 12 per cent from 10 per cent; School education, though, will be exempt from service tax. * Seventeen services exempt from tax net * Rs 10000-crore tax fee bonds for power sector * The Securities Transaction Tax (STT), imposed while buying and selling shares, is brought down by 20%. selling shares, is brought down by 20%....

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What do you think about budget 2012?

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I just read a tweet by Mr.Vijay Mallya saying 'Good balanced and pragmatic budget announced by FM' Though I am not a great analyzer but still it din't look a balanced budget to me. However I have sta...

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	Ravindra Sharma \| Answered \| 1 year ago
	Farmer is more interested to sell off land, rather than face continued loss. Industrialists are preferring imported product-marketing, instead of production thanks to endless wait for power, poor roads, varying rules and unending hassles with...

	manish \| Answered \| 1 year ago
	budget ? govt should more focus on education, nuitrion , GARIBI.....

	venkatesan \| Answered \| 1 year ago
	Overview of the budget is nothing new, what is the plan on Infra, Power, Agriculture and on top of what has happened to the BLACK MONEY stashed abroad? Wish they would have given guidance on the TAx structure like bringing in GST across India,...