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Home > Mumbai > Mumbai News > Article > Highlights of the Budget

Highlights of the Budget

Updated on: 07 July,2009 08:22 AM IST  | 
A Correspondent |

IT exemption limit raised by Rs 10,000 for general tax payers and by Rs 15,000 for senior citizens

Highlights of the Budget

IT exemption limit raised by Rs 10,000 for general tax payers and by Rs 15,000 for senior citizensu00a0

Cosmetic & plastic surgery become taxable servicesu00a0u00a0

LCD TVs to become cheaper; set-top boxes costlieru00a0

Branded jewellery to become cheaper

Duties on life saving drugs reducedu00a0

Lawyers brought under the ambit of service tax

Rs 420 crore for new IITs and NITs

Commonwealth Games allocated Rs 3,472 crore, up from Rs 2,112 croreu00a0u00a0

National unique identification numbers to start rolling out in 12-18 months

An additional amount of Rs 430 crore allocated to modernise police machinery in statesu00a0

Rs 190 crore budgetary support for civil aviation

Higher education outlay increased by Rs 2,000 crore over interim budgetu00a0u00a0

No change in corporate tax rate




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