Indian Union Budget 2009-10: Roundup
Pranab Mukherjee takes first step to reform political fundingNEW DELHI J - Union Finance Minister Pranab Mukherjee proposed to allow 100% deduction in the computation of donor, in the donations given to electoral trusts with a view to reform the system of funding of political parties. Mukherjee Neglected Key Issues in Budget for 2009-10: India Inc.
Economic revival, ‘aam admi’ focus of India’s budget (Second Lead)NEW DELHI - Seeking to address what he described as triple challenges, Finance Minister Pranab Mukherjee Monday presented a revival-oriented budget with more funds for welfare schemes and infrastructure, a promise to restore India’s high economic growth and better delivery mechanisms to reach the fruits of development to the poorest. Mukherjee presents budget for continuityNEW DELHI - Presenting a budget for continuity that met some of the expectations of the common man, Union Finance Minister Pranab Mukherjee on Monday kept his focus firmly on infrastructure, skills development and promotion of inclusive growth, while dampening the mood by announcing that fiscal deficit would close to seven percent in 2009-10. IT professionals of Bangalore have mixed feelings on budgetBANGALORE - Youngsters in India’s IT hub Bangalore, who have been hugely affected by the global economic recession due to large scale job losses and lack of newer employment opportunities, have expressed mixed feelings over Monday’s union budget. Highlights of union budget for 2009-10 (Fifth Lead)NEW DELHI - Highlights of the union budget for the current fiscal presented by Finance Minister Pranab Mukherjee in the Lok Sabha Monday: Bangaloreans cheer hike in income tax exemptionBANGALORE - Salaried residents of Bangalore have welcomed the proposed increase in income tax exemption limits for women and others by Rs.10,000 and scrapping of the fringe benefit tax (FBT). |
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NEW DELHI - Promising to reinstate India’s high economic growth, Finance Minister Pranab Mukherjee on Monday presented a $204-billion annual budget with more funds for welfare schemes and infrastructure, along with a declared “vision” to reach the fruits of progress to each of the country’s 1.17 billion people.
