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Union Budget 2010
in General Discussions
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    + Allocation to power sector at Rs.5,130 Cr in FY'11.
    + Plan outlay for renewable energy raised to Rs.1000 Cr.
    + To establish National clean Energy Fund.
    + To provide one time grant for Tirupur exports [TN].
    + Government ready with draft food security bill.
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    - Increase plan for school education of Rs.31,600 Cr.
    - Social sector spending in FY'11 seen at 1.38 Cr.
    - Extend interest subvention for housing loans up to Rs.10 lakh.
    - Rs.22,300 Cr. to health ministry in FY'2011.
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    * 25% of plan allocation for development of rural infrastructure.
    * Allocation to NREGA scheme raised to 41,000 Cr.
    * To allocate 48,000 Cr for Bharat Nirman in FY'2011.
    * Rs.1,200 Cr assistance for drought in Bundhelkand.
    * To allocate Rs.10,000 Cr for Indira Awas Yojana
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    + Social Security fund to have a corpus of over Rs.1000 Cr.
    + National Social Security find for unorganized sector.
    + Rs.66,100 Cr allocated for rural development.
    + Rs.54,000 Cr allocated for urban development.
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    # Government to contribute Rs.1000/ month for pension security.
    # Allotment for minority welfare raised to 2600 Cr.
    # Allocation of Rs.1900 Cr for UID project in FY'11.
    # Allocation of Defense raised to 1.47 lakh Cr.
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    : Rs.60,000 Cr as capse for Defence sector.
    : Gross Tax receipts seen at Rs7.46 lakh Cr in FY'11.
    : Integrated plans to develop naxals affected areas.
    : FISCAL deficit target of 5.5% in FY'11.
    : To set up National Mission for delivery of Justice.
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    FY'13 FISCAL deficit seen at 4.8%.
    FY'11-5.5%[2010-2011].
    FY'12-4.8%[2011-2012].
    FY'10-Seen at 6.9% of GDP.
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    Excise on Petroleum products hike by rupee 1
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    5 % custom duty on Petroleum back
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    Custom duty on Gold to be reduced
    Renationalisation of customs on Gambling software

    Tax audit limit increased to 60 lakhs for business


    10 % tax for income range between 1.6 lakhs and 5 lakhs
    20% - 5 to 8 lakhs
    30% - Over 8 lakhs
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