Union Budget 2009, India Budget Highlights, Union Budget of India 2009

Mamata appoints panel to ‘tone up’ Railways

The Railway Budget was passed by the Lok Sabha with Minister Mamata Banerjee announcing a slew of measures to tone up the functioning of the Railways.

Union Budget Highlights

Budget News

Total budget expenditure for 2009-10 will Rs 10,28,032 cr

Exemption limit for income tax raised by Rs 10,000

Hike in IT exemption for women to Rs 1,90,000

Hike in IT exemption to Rs 2,40,000 for senior citizens

No change in corporate tax

Eliminate surcharge on personal Income Tax by 10 pct

Service tax exempted for exporters on select services

Defence gets Rs 1,41,703 crore for 2009-10, a 34 pct hike from 2008-09 budgetary allocation

Budget Pockets

Household

IT Sector

Export-Import

Tax

Social Sector

Infra

Wishlist

Textile players feel let down

The Budget has disappointed the textile sector. The sector, while reacting to the Budget has said that the sector will not see inclusive growth because the...

Ask the Expert

08 July 09Budget more inclined towards demand side

26 June 09Are any major changes expected on the social security front especially in terms of health? By Ashok Kumar Matsya

26 June 09Will there be some announcements on the savings done by the elderly people? By Bela Gupta

26 June 09Real estate needs some more efforts from the Government to come back on track. What are the possible measures Government can take in this regard? By Nitin Chaudhry

Expert Talk/ Budget Dissection

12 July 09 Expert speak Similar to the Railway Budget and Economic Survey, this Budget has clearly spelt out the long-term target...

10 July 09 Pranab presented a balanced Budget: analysts The debates on whether or not the Budget presented by finance minister Pranab Mukherjee can be termed as ...

07 July 09 Tax relief to individuals, should boost private consumption The Budget for the current fiscal year is an inclusive, transparent and an honest one. Overall continuit...

Fighting Recession

Budget backs infrastructure, farmers

The Government on Monday outlined measures to speed infrastructure development.

Property market showing signs of recovery

Facilitate private sector funding in higher education

Policy statement can clear ambiguities in M&A space

‘India relatively protected from recession’

Market View

Markets may get reason to smile

The Finance minister’s proposal to make it mandatory for companies listed on stock exchanges to maintain a minimum public holding of 25 per cent is likely ...

Notes of reform that got lost in din on D-Street

Bears attack Budget

Transaction tax on commodities goes, but stays on stocks

Budget boosts financial inclusion

Interviews

30 June 09 Funding renewable energy remains a challenge India’s renewable energy sector is the world’s fifth largest and continues to at...

29 June 09 Telecom needs govt support for growth in rural India No doubt India is one of the fastest growing telecom markets in the world, but t...

26 June 09 Rationalising taxes to boost defence manufacturing India has established itself as a low cost, high skill manufacturing hub in a nu...

Budget Blogs

FE BLOG

READER'S BLOG

03 July 09 Section 377 and Economic Survey The Delhi High Court judgment on Section 377 and the Economic Survey surfaced on the same day.

30 June 09 When will we end the budget hype? Annual budget-making exercises are characterised by hype and media and other attention.

24 June 09 Private virtues, public vices The economy is more affected by spread of rains across region and time, rather than aggregate precipitati...