• TAX
• Tax rates to be kept moderate: FM
• Tax rates will be stable: FM
• No change in Corporate Income Tax
• Income Tax exemption raised to Rs 1.1 lakh
• Income Tax exemption for women raised to Rs 1.45 lakh
• Tax exemption for Sr Citizen raised to Rs 1.95 lakh
• Deduction in respect of medical insurance increased to Rs 15,000 and Rs 20,000 for Sr citizens
• 5 yr tax holiday for 2, 3, 4 star hotels, convention centres with a seating capacity of 3,000 in NCT
• Minimum Alternate Tax being extended
• Small scale industries excise duty exemption raised from Rs 1 cr to Rs 1.5 cr
• Excise duty on cement reduced
• No change in general CENVAT rate
• 3 % import duty to be levied on private importers of aircraft including helicopters
• Excise duty on Pan Masala without tobacco (mouth fresheners) reduced from 66% to 45%
• No excise duty on water purification devices
• Duties on seconds and defective reduced from 20 to 10%
• Customs duty on polyester to be reduced from ten per cent to 7.5%
• Central Sales Tax rate to be reduced to 3%
• Defence Budget increased to Rs 96,000 crore
• AGRICULTURE
• 11th Plan: Faster & inclusive growth should be the objective
• Natianal Rural Employment Guarantee Scheme (NREGS) to be extended to more districts in India
• Farmers' credit to be doubled to reach Rs.1,90,000 crore
• Growth of 4% to be achieved in agriculture sector
• Rs 22452 cr for fertiliser sector
• Benefit for unorganised workers
• Special Purpose Tea Fund to rejuvenate tea production
• Rs 100 cr allocated for National Rainfed Area Authority
• 100 pc subsidy for small farmers and 50 pc for other farmers for water recharging scheme
• World Bank signed agreement for revival of 5,763 waterbodies in Tamil Nadu
• Energy security high on government agenda
• EDUCATION
• Allocation to education hiked by 34.2%
• More employment opportunities
• FISCAL REFORMS
• Government committed to fiscal reforms
• Government concerned over inflation and would take all steps for moderating it
• Already a number of steps on fiscal, monetary and supply management side have been taken
• More allocation for schemes aimed at SCs and STs up at Rs 3271 crore
• Women's development allocation will be Rs.22,282 crore
• Defence Budget increased to Rs 96,000 crore
• Indian exports booming, govt to follow export-friendly policies
• HEALTH
• Allocation under Rajiv Gandhi Drinking Mission stepped up from Rs 4680 crore to Rs 5850 crore
• Allocation to sanitation schemes to be increased to Rs 954 crore
• Allocation for AIDS control programme to be raised to Rs 969 cr
• BACKWARD CLASSES
• Govt to provide 1 lakh jobs for physically disabled with a salary limit of Rs 25,000 a month
• Backward Regions Grant Fund to be raised to Rs 5800 crore
• Loan ceiling for weaker sections under diferential rate of interest scheme to be raised from Rs 6500 to Rs 15,000 and housing loan from Rs 5000 to Rs 20,000
• Backward Regions Grant Fund to be raised to Rs 5800 crore
• GENERAL
• Golden Quadrilateral project near completion
• Tourism infrastructure to get an allocation of Rs 520 crore as against Rs 423 crore last year
• Northeastern region will get Rs 405 crore for highway development
• Technology Upgration Fund to be continued during the 11th Plan. Rs 911 crore to be provided for this