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Additional taxes to yield rs 6,000 crore

Written by: Staff
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Additional taxes to yield rs 6,000 crore.

12:54PM

Finance bill introduced in the Lok Sabha.

12:38PM

FBT rates brought down.

12:31PM

Quoting pan made mandatory for high value bank transactions.

12:30PM

Cooperative banks, except for primary agriculture, brought under tax net.

12:29PM

Securities transaction tax raised by 25 per cent.

12:27PM

One-by-six criterion for personal income tax abolished.

12:26PM

Atm and air services, excluding economy class, brought under service tax.

12:26PM

Long-term capital gains tax hiked

12:25PM

No change in personal income and corporate tax.

12:25PM

Service tax raised from 10 per cent to 12 per cent.

12:23PM

Duty exemption limit for footwear raised to mrp rs 750 from rs 250.

12:22PM

More services brought under tax net.

12:22PM

Excise duty on cigarettes up by five per cent

12:21PM

Cess on domestic crude oil increased from rs 1800 to rs 2500

12:21PM

8 per cent excise duty on packaged software. Excise duty exempted on condensed milk and pasta, among several other food items.

12:21PM

Excise duty on dosa and idli mix packets reduced form 16 per cent to 8 per cent.

12:18PM

Excise duty on aereated drinks reduced to 16 per cent from 24 per cent.

12:18PM

Excise duty on small cars reduced from 24 per cent to 16 per cent.

12:18PM

Import duty on man-made yarn reduced from 15 per cent to 10 per cent.

12:16PM

Duties on bulk plastics reduced to 5 per cent from ten per cent.

12:16PM

Duty on life-saving drugs reduced from 15 per cent to 5 per cent.

12:15PM

Customs duty on ten anti-aids and 14 anti-cancer drugs reduced.

12:15PM

Customs duty on packaging machines reduced to 5 per cent.

12:14PM

Peak customs duty brought down from 15 per cent to 12.5 per cent.

12:12PM

Revised revenue deficit brought down to 2.6 per cent. Fiscal deficit to 4.1 per cent in 2005-06.

12:10PM

Gross tax revenue went up by 21.4 per cent in 2005-06

12:10PM

Tax-gdp ratio increased to 10.5 per cent in 2005-06. To go up to 11.2 per cent in 2006-07.

12:08PM

Punjab agricultural university to get a grant of rs 100 crore in recognition of its pioneering contribution to the green revolution.

12:04PM

Rs 50 crore each provided for calcutta, bombay and madras universities for specified research programmes.

12:03PM

Defence allocation raised from rs 83,000 crore to rs 89,000 crore.

12:02PM

FII cap for capital market raised from 1.7 to 2 billion dollars.

11:59AM

Port institute in chennai to be renamed national maritime academy to be upgraded as a central university.

11:55AM

250 million telephone connections by 2007. Rs 1500 comes from universal service obligation (uso) fund to be given to telecom sector. 50 million rural connections targetted.

11:53AM

Food processing to be treated as a priority sector

11:53AM

Access control express highway to cover delhi-jaipur, delhi-meerut, delhi-agra, bangalore-chennai and kolkata-dhanbad.

11:53AM

Rs 9945 crore for national highways development during 2006-07.

11:50AM

1000 km of access control express highway to be developed

11:50AM

40,000 more villages to be covered under rajiv gandhi gramin vidhyutikaran yojana.

11:50AM

Four institutes of hotel management to be opened during 2006-07

11:47AM

Nabard to set up separate window for refinancing agro processing infrastructure with rs 1000 crore.

11:45AM

Services sector to be treated at par with manufacturing sector.

11:45 AM

National jute technology mission to be launched in 2006-07

11:40AM

Rs 535 cr for technology upgradation in textile sector.

11:40AM

Rs 150 crore for national horticulture mission.

11:36 AM

Rs 4,863 crore for women's self-help groups.

11:36 AM

Rs 100 crore allocation for tea sector.

11:36 AM

Rural infrastructural development fund (ridf) corpus increased to rs 10,000 crore including rs 346 crore for the north-east.

11:36

Command area development programme to be revamped by water resources ministry.

11:31 AM

Budgetary allocation to social sectors substantially hiked.

Bharat nirman will be implemented on ''mission mode''

Power generation capacity raised by 34,000 mw in tenth plan. Bharat nirman will be implemented on ''mission mode''. Gross budgetary support for 2006-07 increased by 20.4 pc to rs 1,72,788 crore. Allocation for education increased by over 21 per cent.

Allocation for 8 glagship programmes raised from rs 34,927 cr to rs 50,015 cr.

96 per cent of golden quadrilateral to be completed by march.

Budegetary allocation to social sectors substantially hiked.

11:16 AM

Finance Minister P Chidambaram presents budget 2006-2007 in lok sabha.

11:05 AM

Allocation for 8 flagship programmes raised from rs 34,927 cr to rs 50,015 cr.

Farmers to get short-term credit at 7 per cent interest

11:33 AM

Performance Budget coming

Performance budget before end of current parliament session.

11.28 AM

 

 

Allocation for national council for promotion of urdu language raised to rs 13 crore.

11.24 AM

 

 

Allocation for sc/st welfare schemes substantially hiked.

11.18

 

 

East-west and north-south corridors to be completed by april 2008.

11.13 AM

 

Old age pension increased to rs 200 from rs 75 a month

11.21 AM

 

 

Rs 4595 cr grant for jawaharlal nehru urban renewal mission.

11.15 AM

 

Allocation for national rural employment programme (nrep) to be rs 14,300 crore. 1120

Allocation for integrated child development scheme raised to rs 4,087 cr.

11.15 AM

  

Allocation for rajiv gandhi drinking water mission raised to rs 4,680 crore.

 

Budegetary allocation to social sectors substantially hiked

  

96 per cent of golden quadrilateral to be completed by march

 Allocation for 8 glagship programmes raised from rs 34,927 cr to rs 50,015 cr.

 

Allocation for education increased by over 21 per cent

  

Gross budgetary support for 2006-07 increased by 20.4 pc to rs 1,72,788 crore.

 

Bharat nirman will be implemented on ''mission mode''.

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