New Delhi, July 6 (PTI) Following are the highlights of Budget 2009-10.
* IT exemption limit raised
* Limit raised by Rs 15,000 for sr.citizens (65 yrs & above)
* Limit raised by Rs 10,000 for general tax payers & women
* 10% surcharge on personal income tax scrapped
* Fringe Benefit Tax, Commodities Transaction Tax abolished
* Corporate Tax unchanged; Minimum Alternate Tax hiked to 15%
* Legal services brought under Service Tax net
* Cosmetic & plastic surgery become taxable services
* Rs 3472 cr for Commonwealth Games, up from Rs 2112 cr
* LCD TVs to become cheaper; Set-Top boxes costlier
* Stimulus for print media for another six months
* Branded jewellery to become cheaper; excise duty goes
* Govt plans to bring back economy to high growth of 9%
* GDP growth dipped to 6.7% in FY'09
* Fiscal deficit up from 2.7% to 6.
Soruce:PTI
* IT exemption limit raised
* Limit raised by Rs 15,000 for sr.citizens (65 yrs & above)
* Limit raised by Rs 10,000 for general tax payers & women
* 10% surcharge on personal income tax scrapped
* Fringe Benefit Tax, Commodities Transaction Tax abolished
* Corporate Tax unchanged; Minimum Alternate Tax hiked to 15%
* Legal services brought under Service Tax net
* Cosmetic & plastic surgery become taxable services
* Rs 3472 cr for Commonwealth Games, up from Rs 2112 cr
* LCD TVs to become cheaper; Set-Top boxes costlier
* Stimulus for print media for another six months
* Branded jewellery to become cheaper; excise duty goes
* Govt plans to bring back economy to high growth of 9%
* GDP growth dipped to 6.7% in FY'09
* Fiscal deficit up from 2.7% to 6.
Soruce:PTI
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