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Created By: Arvind Joshi Created On- Jul 6, 2009

India Budget: What It Says (Public)

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What Pranab Mukherjee's Budget looks like for India. Interestingly, this is the first Budget addressed to 'Madam Speaker'!

Join in and check out the features of this budget that matter most to you.

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Happy and upbeat or disappointed and frustrated - how do you feel about this Budget?

India's amm aadmi is talking budget. Share your views on this forum:

Union Budget 09-10: Discuss here

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And if you have something to say about it, don't keep quiet! Speak up...

BUDGET HIGHLIGHTS
- Something's wrong...Markets on a free fall.. Sensex crashes 742 points, Nifty loses 223 (read more)
- Hike in IT exemption for women to Rs 1,90,000 (read more)
- 100 per cent tax deduction for donations for electoral funds, what an idea sirji! (read more)
- Rs 500cr for rehabilitation of Tamils in Lanka (read more)

DISCUSSION HIGHLIGHTS
- More IIT's & NIT's, lot of brain gain (read more)
- All those waiting to buy tanishq ddamas and nakshatras can now go and shop happily (read more)
- Aam admi budget with a development touch... (read more)

Category : Business City: Delhi Country : India

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What do you think about FINANCIAl institute I think one thing which was totally bypassed in this budget was FDI in insurance and more FDI in banks. For any economy to sustain 8% banking/insurance has to be strong.what you people think abt it?? By : Prashant Kum.. Posts : 1 Views : 0 Date:Jul 17, 2009 06:54 pm
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Budget 2009 Finance budget is out as usual with some expectation and has some unexpected as well. As rightly said by our Honb le FM, No budget will be able to satisfy all the Indians of varried concepts and expectations.In other words, Experts can make the Budget but the Budget cannot make experts nor can becom.. By : Manik Grover Posts : 2 Views : 0 Date:Jul 10, 2009 01:47 pm
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wht abt industrial development and increase in power generation source there is nothing regarding industrial growth... there is no way shown to increase jobs but promised 12 million jobs. how would he able to??? there is nothing kept for increasing power generation resources.. this budget is only for government's profit.. by increasing limit by 10000 for .. By : Sai Sarath Posts : 1 Views : 0 Date:Jul 9, 2009 02:06 am
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Reality Check on Who is Aam Aadmi? You may not be a Aam Admi from the Pranab Point of View. Following is the definition of Deprived, Aspirers, seekers and strivers(Taken from McKinsey & Company's article : Big Spender: India's middle class BusinessWeek By Diana Farrell and Eric Beinhocker) Deprived and Aspirers are almos.. By : Shekhar Mo Posts : 1 Views : 11 Date:Jul 7, 2009 08:58 pm
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Budget we expect to change our lives in filmy way(dramatically) We expect benifits of our level with your budget. Not like what ever happening nothing changed to us. Our needs are food prices, petrol prices, tax decrease, security i.e. improvement of police sector. farmers development, housing which are common needs. FYI, I am engineer and can understand the bud.. By : Shaik Ahmed Posts : 2 Views : 0 Date:Jul 7, 2009 12:12 pm
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Is it an "AAM" or "KHAAS" Budget This Budget is not goin to help middle class ppl ( majority ppl ) , its only for a creamy layour of our country. If all of us wl go thro Total Budget Discsn. thn we all wl say this. Its realy SAD. By : Abhiram Jha Posts : 1 Views : 0 Date:Jul 7, 2009 10:47 am
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Point to Ponder I read "Pakistan still owes India Rs 300 crore as pre-partition debt" on the page where it was mentioned "Assistance for storm-water drainage project up by Rs 300 cr" . Then I started thinking "What else can we do with Rs. 300cr?" In one article, I read "The present cost of tractors is an.. By : Shekhar Mo Posts : 1 Views : 0 Date:Jul 7, 2009 09:38 am
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Aam Adhmi ka kya haal hi pranabhji ? Mixed bag for 2009 ! Govt subsidises & encourages loans for higher education. Good news for engineering aspirants. But where's the need for more institutes....we have tons from delhi to kanyakumari. Well, perspective would be to create more quality centers which woud meet the demands of growing IT.. By : Prashanth Ku.. Posts : 1 Views : 0 Date:Jul 7, 2009 02:00 am
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election promise budget(aam aadmi budget To counter the negative fallout of the global slowdown on the Indian economy, Government responded by providing three focused fiscal stimulus packages in the form of tax relief and increased expenditure on public projects along with RBI taking a number of monetary easing and liquidity enhancing meas.. By : Sap Soil Posts : 1 Views : 0 Date:Jul 6, 2009 09:09 pm
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How will THIS EFFECT ME? Will I pay more or less on 1. petrol? 2. groceries? 3. Phone bill? 4. Vegetables? 5. Electricity and water? 6. Education? 7. Train travel? 8. Buying a new car? 9. Buying a house in city? 10. Electronic items like fridge, AC, TV, laptop and mobile? anybody....? .. By : Saral Dutt Posts : 2 Views : 1 Date:Jul 6, 2009 04:19 pm
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Are we paying for everyone? Good that more funds are coming in for welfare and infrastructure in the Budget for 2009-2010. I-T exemption limit has been increased by Rs. 10,000. Considering that only close to 1% of Indian population pays taxes, the benefits for the salaried class who pays tax looks to be considerably less than .. By : Saral Dutt Posts : 1 Views : 0 Date:Jul 6, 2009 04:06 pm
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Too much of social spending !!! Its for sure an aam admi budget, but i also back the idea that there has been too much of social spending this time, it could have been marginal and the majority was to be diverted on financial sector. By : Megha Chawla Posts : 5 Views : 1 Date:Jul 6, 2009 03:02 pm
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Where will these resources come from ? The big question after an aam admi budget is where will the money to fund all this come from. By : Megha Chawla Posts : 3 Views : 0 Date:Jul 6, 2009 02:48 pm
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Congrees keeps promises "National Food Security Act to be brought in to ensure entitlement of 25 kilo of rice or wheat per month at Rs.3 per kilo to every family living below the poverty line in rural or urban areas. Food Security Bill to be put on the website of the Department of Food and Public Distribution.. By : Arvind Joshi Posts : 2 Views : 0 Date:Jul 6, 2009 02:19 pm
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Rs 39,000cr for rural jobs scheme This is a hike of 144 percent over the allocation for the same scheme in the previous budget. The government is committed to providing a wage of Rs 100 a day to rural households in convergence with other schemes for rural areas. The UPA government is showing its humanitarian face. By : Nureen Alam Posts : 2 Views : 0 Date:Jul 6, 2009 02:05 pm
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No reduction in corpoprate taxes Market was expecting reduction in Corporate Taxes, no cuts done hence adding to -ve market sentiment. By : Ahana Bhatta.. Posts : 2 Views : 0 Date:Jul 6, 2009 01:04 pm
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Aam admi budget with a development touch !!! Its the predictable aam admi budget but the FM has focused a lot of the developing sectors like infrastructure and agriculture. By : Megha Chawla Posts : 3 Views : 2 Date:Jul 6, 2009 01:02 pm
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Disposable income in hands With FBT, CTT abolished and surcharges on personal tax gone away, people will have more disposable income in hands. Positive news By : Kiran Chawla Posts : 2 Views : 1 Date:Jul 6, 2009 01:01 pm
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Happy politicians will make more money 100 per cent tax deduction for donations for electoral funds to improve transparency in political funding. What an idea sirji By : Arvind Joshi Posts : 1 Views : 1 Date:Jul 6, 2009 12:53 pm
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Interest subsidy on education loans Good news for students wanting to study more, lot of interest subsidy for education loans By : Debashish Ac.. Posts : 1 Views : 0 Date:Jul 6, 2009 12:40 pm
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wow for higher education This is a real wow - "Spending on higher education to rise by Rs 2k cr (2010) " By : Arunima Aami.. Posts : 3 Views : 1 Date:Jul 6, 2009 12:36 pm
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Branded jewellery for women to become cheaper Good news for women, By : Piyali Banne.. Posts : 3 Views : 1 Date:Jul 6, 2009 12:35 pm
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Watching TV will be dish karo or cable Set-top boxes to cost more By : Arunima Aami.. Posts : 1 Views : 0 Date:Jul 6, 2009 12:34 pm
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Advance Tax relief for samll businesses certainly a big step at the time of recession, it will for sure increase liquidity By : Kishore Kant Posts : 1 Views : 0 Date:Jul 6, 2009 12:33 pm
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12 million new jobs "12 million new jobs, reduce India's poverty by half" - so that's what he says, but i wonder how many of these jobs actually are relevant to us - meaning- middle class okay okay people ya By : Arunima Aami.. Posts : 1 Views : 0 Date:Jul 6, 2009 12:31 pm
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Higher public investment in infrastructure Another piece of good news as infrastructure is one of the key sectors that can in turn affect the growth of other allied sectors, so higher public investment means collective help to govt and quick growth By : Megha Chawla Posts : 1 Views : 0 Date:Jul 6, 2009 12:27 pm
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Lesser Phone Bills Pranab playing safe it seems....reduction in service tax by 2%, lesser phone bills hopefully :-) By : Saral Dutt Posts : 1 Views : 0 Date:Jul 6, 2009 12:26 pm
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Thumbs up for Senior citizens too !! Hike in IT exemption to Rs 2,40,000 for senior citizens By : Megha Chawla Posts : 1 Views : 0 Date:Jul 6, 2009 12:21 pm
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Employement generation promised One of the most anticipated reforms, govt promises to generate 1.2 crore jobs covering all sectors. By : Megha Chawla Posts : 2 Views : 0 Date:Jul 6, 2009 12:17 pm
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Tax relief, but is it enough? Personal tax limit increased to 2.4 lakhs for senior citizens , 1.9 lakhs for women, 1.6 lakhs for others By : Arvind Joshi Posts : 4 Views : 0 Date:Jul 6, 2009 12:16 pm
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women will be happy Hike in IT exemption for women raised to Rs 1,90,000 By : Arvind Joshi Posts : 2 Views : 0 Date:Jul 6, 2009 12:15 pm
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Disinvestment plan revised India's budget will encourage stake sales in state-owned companies, but government will keep 51% stake By : Arvind Joshi Posts : 3 Views : 0 Date:Jul 6, 2009 12:12 pm
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Good news for villages 1. Agriculture debt waiver extended by six months 2. Allocation towards National Rural Employment Guarantee Act increased by Rs.39,100 crore 3.Agriculture development fund increased from Rs.2.87 lakh crore to Rs.3.25 lakh crore By : Arvind Joshi Posts : 1 Views : 0 Date:Jul 6, 2009 12:10 pm
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Gas might get cheap panel to review domestic fuel prices By : Arvind Joshi Posts : 1 Views : 0 Date:Jul 6, 2009 12:07 pm
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Farmers recieve subsidy Change in fertilizer industry; subsidies will be given to farmer rather than industry By : Arvind Joshi Posts : 1 Views : 0 Date:Jul 6, 2009 12:05 pm
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