Beruflich Dokumente
Kultur Dokumente
•Fiscal policy
• The budgetary support to the Plan sector for 2009-10 has been increased for the
Departments of Rural Development, Road Transport & Highways, Railways,
Information Technology and Industrial Policy & Promotion and the Ministry of
Power, with a view to maintain the fiscal tempo to address the economic slow
down and meet the requirements of rural and infrastructure development.
• Rs. 30,100 crore has been allocated to National Rural Employment Guarantee
Scheme (NREGS) in 2009-10. The Scheme has been extended to all the districts
of the country and provided employment of 138.76 crore person days, covering
3.51 crore households during 2008-09.
• For Sarv Shiksha Abhiyan an allocation of Rs.13,100 crore have
been proposed. About 98 per cent of our habitations have been
covered by primary schools and the focus now is on improving the
quality of elementary education.
• There are no valid reasons for either the 'experts' to get disappointed
with the lack of new schemes or for the stock market index to look
downwards.
•The income and expenditure statement has confirmed that there is not
much fiscal space for a stimulus and any additional stimulus would be
the responsibility of the government that will come to power after
elections.
• In India, unlike in the US or Japan the reduction in the rate of interest
would certainly enhance investment demand.
• Lower crude oil prices provide additional space for the existing
programmes as the government may not have to make provision for
oil and fertilizer bonds.
TAXATION POLICY
A.DIRECT TAXES
B.INDIRECT TAXES
DIRECT TAXES
• CORPORATE TAX
• DIVIDEND DISTRIBUTION TAX
• FRINGE BENEFIT TAX
• BANKING CASH TRANSACTION TAX
• PERSONAL INCOME TAX
INDIRECT TAX
• SALES TAX
• EXCISE DUTY
• CUSTOM DUTY
• SERVICE TAX
CHANGES IN GOVERNMENT
EXPENDITURE
• UTILIZING MONEY ON TIME
• IMPLEMENTATION OF GENERAL FINANCIAL
RULES
• ENCOURAGEMENT OF MINISTRIES TO
RELEASE A SUMMARY OF THEIR MONTHLY
RECEIPT AND EXPENDITURE TO GENERAL
PUBLIC
• EXPANDING E-LEKHA PROGRAMME
• MORE EMPHASIS ON EXPLICIT
RECOGNITION OF REVENUE CONSTRAINT
THANK YOU