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Overview |
PC woos voters
through sops
NEW DELHI: As the
Manmohan Singh government prepares for the general election, Finance
Minister P Chidambaram's Budget on Friday sought to offer something
for every voter. The centerpiece was a massive, Rs 60,000 crore loan
waiver to farmers.
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Cars, fertiliser,
medicines cheaper; smoke dearer
NEW DELHI:
Consumers can now enjoy cheaper cars, two-wheelers, set top boxes,
while they will have to pay more for their smoke and mobile
handsets, thanks to Budget proposals made by Finance Minister P
Chidambaram.
Full Story
Govt offers Rs
60,000-cr loan waiver for farmers
NEW DELHI:
Keeping general elections in mind, the government on Friday
announced a whopping Rs 60,000-crore package to provide relief to
the indebted farming community by waiving loans of small and
marginal farmers.
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Budget 2007 |
Budget 2006 |
Budget 2005 |
Budget 2004 |
Budget 2003 |
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Income tax benefits |
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*Tax exemption hiked from Rs 1,10,000 to
Rs 1,50,000
*Women exemption threshold
extended from Rs 1,45,000 to 1,80,000
*Senior citizens' exemption hiked
from Rs 1,95,000 to 2,25,000
*No change in corporate income
tax
New tax slabs
*10 per cent for 1,50,000 to
3,00,000
*20 per cent for 3,00,000 to
5,00,000
*30 per cent above 5,00,000. |
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