Union Budget 2009-10

July 6th, 2009 NEW DELHI - Union Finance Minister Pranab Mukherjee on Monday said that the fiscal deficit as a percentage of GDP is projected at 6.8 per cent as compared to 2.5 per cent of the Budget Estimates (BE) for 2008-09 and 6.2 per cent as per the provisional accounts of 2008-09. Presenting the General Budget for 2009-10 in Lok Sabha on Monday, Mukherjee assured that government would address the issue properly to come back to the path of fiscal consolidation, as this level of deficit was a matter of concern.

July 6th, 2009 NEW DELHI - The ruling Congress said Monday the budget presented by Finance Minister Pranab Mukherjee was progressive, but the opposition parties termed it as "routine and inconsequential. "Budget 2009 is progressive, inclusive, growth oriented and balanced.

July 6th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee has proposed to substantially enhance the allocations for the Commonwealth Games 2010 from Rs. 2,112 crore in the interim budget to Rs.

July 6th, 2009 NEW DELHI - The allocation for the market development scheme for exporters has been increased 148 percent to Rs.124 crore, Finance Minister Pranab Mukherjee said while presenting the union budget for 2009-10 in the Lok Sabha Monday. Mukherjee has also extended the interest subvention for the textile industry from Sep 30, 2009 to March 31, 2010.

July 6th, 2009 In an effort to provide interim relief to small and marginal taxpayers and senior citizens, the Finance Minister of India, Pranab Mukherjee presented the Union Budget 2009-10 today. This years budget witnessed a gradual hike in the income tax exemption limit.

July 6th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee on Monday said that the provisions for the Scheme 'Mission in Education through ICT' has been substantially increased to Rs. 900 crore. Presenting the Union Budget proposals for the year 2009-10 in Lok Sabha, he said: "Similarly, for establishment and up-gradation for Polytechnics under the Skill Development Mission has been increased to Rs.

July 6th, 2009 NEW DELHI - Highlights of the union budget for the current fiscal presented by Finance Minister Pranab Mukherjee in the Lok Sabha Monday: - Tax department to work on early introduction of Saral 2 forms - Stimulus for print media extended from June 13 to Dec 31 - Rs.1,000 crore to accelerate irrigation projects - Agriculture development fund increased from Rs.2.87 lakh crore to Rs.3.25 lakh crore - Market development assistance scheme for exporters increased by 148 percent to Rs.124 crore - Pre-shipment interest subvention set at 2 percent for textile exporters - Will make sufficient funds for infrastructure development - Allocation for national highways development stepped up by 23 percent - Allocation for urban poor schemes to be raised to Rs.39,730 crore in 2009-10 - LNG infrastructure to be expanded - Allocation for Jawaharlal Nehru Urban Renewal Mission raised by 87 percent to Rs.12,887 crore There's a lot of exciting revelations speculated this afternoon, do stay with us to get the latest news, views and incisive details. and bookmark the following link: Indian Budget 2009-10 We are updating every minute.

July 6th, 2009 BHUBANESWAR - Orissa Chief minister Naveen Patnaik criticized the union budget presented Monday by Finance Minister Pranab Mukherjee in the Lok Sabha saying that it does not satisfy the needs of the common man. "It is seen that the union budget is broadly continuance of the existing schemes.

June 16th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee held pre-budget discussions with leaders of Congress party ahead of the budget for full fiscal year 2009/10 (April-March) that would be presented on July 6. "As a party man I have an obligation to listen to the views of my party leaders.

June 15th, 2009 NEW DELHI - The union budget for 2009-10 would be presented on July 6 and the railways budget three days earlier on July 3. The schedule for the budget session of parliament was decided at a meeting of the union cabinet chaired by Prime Minister Manmohan Singh before his departure for the Russian city of Yekaterinburg to attend the BRIC (Brazil, Russia, India and China) and the SCO (Shanghai Cooperation Organisation) summits.

June 15th, 2009 NEW DELHI - The union budget for 2009-10 would be presented on July 6 and the railway budget three days earlier on July 3. The dates were decided early Monday before Prime Minister Manmohan Singh's departure for the Russian city of Yekaterinburg, an official said.

June 15th, 2009 NEW DELHI - The Union Cabinet on Monday decided to hold the Budget session from July 2 to 7 while the General Budget will be presented on July 6. It was also decided that the Economy Survey would be presented on July 2.

June 1st, 2009 NEW DELHI - Finance Minister Pranab Mukherjee will begin pre-budget consultations with different groups from today. Mukherjee will hold consultations with trade and industry bodies like the FICCI, the CII, the ASSOCHAM and the FIEO, economists, agriculturists, bankers and corporate honchos ahead of the presentation of the budget for 2009-10 in the first week of July.

May 31st, 2009 NEW DELHI - Finance Minister Pranab Mukherjee will begin pre-budget consultations with different groups from Monday. Mukherjee will hold consultations with trade and industry bodies like the FICCI, the CII, the ASSOCHAM and the FIEO, economists, agriculturists, bankers and corporate honchos ahead of the presentation of the budget for 2009-10 in the first week of July.

February 15th, 2009 NEW DELHI - An amount of Rs.10 billion has been earmarked in the interim budget for building infrastructure for the 2010 Commonwealth Games, an official statement said here Monday. 'The Delhi government has been allocated an amount of Rs.24.18 billion in the union interim budget 2009-10 presented Monday in parliament by acting Finance Minister Pranab Mukherjee,' the statement said.