IMPACT OF BUDGET 2009-2010 ON

ECONOMY

SUBMITTED TO: SUBMITTED BY:

Ms. SHWETA MIGLANI SUKHWINDER SINGH
PREETIKA JETHI
(PGDM-A)
Pranab Kumar Mukherjee
The Current Finance Minister of India.
Finance Minister since Jan 24, 2009

A prominent State Leader of Indian

National Congress and

The leader of the house in the Lok Sabha

 UNION BUDGET

which is a yearly affair, is a comprehensive display of

the Government’s finances. It is the most significant
economic and financial event in India. The Finance
Minister puts down a report that contains Government of
India’s revenue and expenditure for one year. The fiscal
year runs from April 01 to March 31.
 TYPES OF BUDGET
 SALES BUDGET

 PRODUCTION BUDGET

 CASH FLOW/CASH BUDGET

 MARKETING BUDGET

 PROJECT BUDGET

 REVENUE BUDGET

 EXPENDITURE BUDGET
 Indian Budget Estimates 2009-2010
Total expenditure budgeted for fiscal year 2009-10

 Indian Interim Budget Estimate Rs.9,53,231 cr.

This includes a provisions for:

Plan Budget Estimate of Rs.2,85,149 cr &

 Non Plan Budget Estimate of Rs.6,68,082.

 ECONOMIC SURVEY 2009-2010

 India targets return to 9% growth 

 12 million new jobs each year and
 reduce poverty by half by 2014.
 Rs 3900 cr for improvement of urban poor
 Rs.1,000 crore to accelerate irrigation projects
 Contd..
 Agriculture development fund increased from
Rs.2.87 lakh crore to Rs.3.25 lakh crore
 Plan expenditure, for both Centre and States, to go up
by Rs 61,000 cr
 Fiscal deficit in 2009-10 is proposed at 6.8 percent of
GDP
 Higher public investment in infrastructure
 Defense outlay has gone up
 PROGRAMMES
 National Rural Employment Guarantee Scheme (NREGS)

 Sarva Shiksha Abhiyan (SSA).

 The National Programme of Mid-day Meals in Schools

 The Integrated Child Development Scheme (ICDS)

 Jawaharlal Nehru National Urban Renewal Mission

 Rajiv Gandhi Rural Drinking Water Mission

 Total Rural Sanitation Programme

 National Rural Health Mission

 Bharat Nirman
IMPACT ON SECTORS
 DIRECT TAX
DIRECT TAXES: Individual (Male)
TAX RATES SLAB
10% Rs. 1.60L- 3.00L
20% Rs. 3.01 L- 5.00 L
30% Above Rs. 5.00 L

Individual (Female)
TAX RATES SLAB
10% Rs. 1.80L- 3.00L
20% Rs. 3.01 L- 5.00 L
30% Above Rs. 5.00 L

Individual-Senior Citizen (Age > 65 Male / Female)

TAX RATES SLAB
10% Rs. 2.10L- 3.00L
20% Rs. 3.01 L- 5.00 L
30% Above Rs. 5.00 L
 INDIRECT TAXES
Customs duties
Customs duty of 5% to be imposed on Set Top Box for
television broadcasting.
Customs duty on LCD Panels for manufacture of LCD

televisions to be reduced from 10% to 5%.

Full exemption from 4% special CVD on parts for
manufacture of mobile phones & accessories to be
reintroduced for 1 year.
List of specified raw materials/inputs imported by
manufacturer-exporters of sports goods which are exempt
from customs duty.
CENTRAL PLAN OUTLAY
RECEIPTS
Contd..
EXPENDITURE
Contd….
BUDGET AT A GLANCE
With the upcoming budget, let’s hope to see India
growing and reaching new heights.