PRESENTED BY  SUMMER of 69

ARIJIT DAS (Fin/03)

SRIJIT DUTTA

TITHI SAHOO

PARAKRAM MAJUMDAR

ESHITA SADHUKHAN

ATANU GHOSH
 2010-11.pdf

For Budget 2010-11, click on above Pdf icon

Forecasting of Fiscal Deficit by Budget 2010-11

Particular FY 2009-10 FY 2010-11 FY 2011-12 FY2012-13

Fiscal Deficit 6.8% of GDP 5.5% of GDP 4.8% of GDP 4.8% of GDP

Facts About Budget 2010-11

1. Targets 9% Growth.

2. The Government expects that the fiscal deficit will come down to 5.5% of
GDP during the financial year 2010 - 2011

3. Allocation to rail increased to 15,800 cr.

4. Plan to create 12 million jobs .

5. Fiscal stimulus of 1,86,000 Cr. provided.

6. Urban areas get Rs 3937 Cr.

7. IT exemption limit has been raised.

8. Limit raised by Rs 10,000 for taxpayers including women.

9. Higher public investment in infrastructure.

10.Rs 2113 Cr. for IITs and NITs.

Effects of Budget On Auto sector:

Budget Effect
Decrease the demand of Car.
Petrol prices to rise by Rs
2.67/lit & Diesel rates by Rs
2.58/lit.
Price is not going to change and Demand of small cars will increase
Small cars will continue to get
excise duty relief of 4%. (Because of tax relaxation).

Price is going to increase and Demand of large cars, SUVs, MUV is

Excise on large cars, SUVs,
MUV raised to 22% from 20%. going to decrease.

Price is going to decrease so, demand will increase.

Excise duty on two-wheelers
slashed from 10% to 8%.

Automakers Announced Increase in Vehicle’s Prices:-

 • Marui to cost 2% more.
• Hyundai to increase price by Rs. 6,000-25,000
• Toyota to increase prices by Rs. 15,000.

Effects of Budget On TAX:

Budget Effect

More money in hand of general people and

10% - Income between 1.6 lakhs and 5
that will increase overall purchasing power
lakhs
of India.
20% - Income between 5 lakhs and 8 lakhs

30% - Income over 8 lakhs

Effects of Budget On Oil sector:

Budget Effect

The Finance Minister has proposed a duty
roll-back on petroleum prices. A basic duty
of five percent on crude oil, 7.5 percent on
diesel and petrol, and 10 percent on other
products is proposed
• This means the overall cost of
petroleum products will go up.
• This means the overall cost of
petroleum products will go up.
• The government is moderating the
prices as a steep hike will push the
inflation further up, which is already
beyond comfortable levels.

Effects of Budget On Hospitality sector:

Budget Effect

• This is a positive development as it

The Finance Minister has announced some
tax benefits for the hotel industry, especially
on investments in the economy segment
will give a boost to the investment-
intensive hospitality sector, and
indirectly have a positive impact on
tourism

Effects of Budget On Infrastructure sector:

Budget Effect
 • This is a positive development for
The allocation has been increased by almost
13 percent for road infrastructure companies in the infrastructure
improvement and defense projects. development space

Effects of Budget On Power & Energy sector:

Budget Effect

• This will have a negative impact on

• The Finance Minister has announced a
cess (clean energy) on domestic and the companies that are operating in
imported coal. this segment
• On the other hand, the Finance
Minister has provided a boost to wind
energy and solar energy-related
companies by cutting duty on wind
farm units.

Effects of Budget On IT sector:

Budget Effect

• So, there is chance of decrease of

No further extension of the tax holiday
(STPI) for IT sector. share price of IT companies.

Conclusion:-

There will be significant foreign capital fund flow increment. With

the budget 2010, let us hope to see our country shining and bright in
the coming future…….