Interim Budget - Anti-Climax - Surprised Channels - Shocked Opposition - But you can still wait for those Stimulus Notifications (See 'Common Basket')

No change in tax rates proposed; Fiscal stimulus package to come later;

Fiscal 2009-10: 671293 Cr tax receipts expected at present tax rates; Fiscal deficit likely to be 5.5%;

Interest subvention of 2% extended upto September, 2009 for textile, gems & jewellery & other labour-intensive sectors;

Rural Healthcare gets Rs 12700 Crore;

Elementary education: Rs 13100 Cr fund proposed;

Fiscal 2009-10: 953231 Cr expenditure proposed;

Revised estimates for non-tax revenue - Rs 96200 Cr for current fiscal;

NPAs of banks down to 2.3% by March, 2008;

Interest subsidy for farm loans upto Rs 3 lakh to continue in 2009-10;

IIFCL to refinance Rs 60,000 cr infrastructure projects; to raise Rs 10000 Crore from market by March 31, 2009;

Govt approved Rs 70000 Cr infrastructure projects between Aug, 2008 to Jan, 2009;

TIOL COMMENTARY

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Interim Budget - Anti-Climax - Surprised Channels - Shocked Opposition - But you can still wait for those Stimulus Notifications;

Interim Budget 2009 Documents

Key to Budget.pdf

Budget Speech by Finance Minister.pdf

Finance Bill.pdf

NOTIFICATION

dgft08pn144.pdf

VKGUY benefits for 'handicraft products';