- Export Duty On Chrome Ore Increased From Rs. 2000 To Rs. 3000 Per Metric Tonne
- Cenvat On All Goods Reduced From 16 To 14 Per Cent
- Central Sales Tax Proposed To Be Reduced To 2 Per Cent From April 08
- Excise Duty On Bulk Cement Brought On Par With Packaged Cement; Clinkers To Attract Excise Duty Of Rs. 450 Per Metric Tonne
- Pan Made Compulsory For All Transactions In The Financial Market Subject To Suitable Exemption Limit
- Allocation For Defence Increased By 10 Per Cent From 96,000 Crore To Rs. 105,600 Crore
- Revenue Deficit Estimated At Rs. 55,184 Crore
- Fiscal Deficit Pegged At 2.5 Per Cent Of GDP
- A National Programme To Be Launched For The Elderly
- Rashtriya Swasthya Bima Yojana For Workers Under Bpl Category In Unorganized Sector
- A Statement On Child Related Scheme Introduced In The Budget For The First Time
- Mid-Day Meal Scheme To Be Extended To Upper Primary Classes In All Blocks
- Special Mechanism For North-Eastern Border Areas
- Government To Establish 16 Central Universities
- 3 Iits, 2 Iisers And 2 Schools Of Planning And Architecture To Be Established
6,000 High Quality Model Schools To Be Opened - New Scholarship Scheme For Promoting Innovations In Science
- Each District To Have A Nehru Yuva Kendra Schools
- In Water Deficient Habitations To Have Drinking Water Systems
- Subsidy On Houses Under Indira Awas Yojana Increased From Rs. 25,000 To Rs. 35,000 In Plain Areas And From Rs. 27,500 To Rs. 38,500 In Hill/Difficult Area
- Rs. 1000 Crore Provided For Aam Adami Bima Yojana
- Allocation Under Indira Gandhi Old Age Pension Scheme Increased From Rs. 2392 Crore To Rs. 3443 Crore
- Rs. 32,667 Crore Provided For Food Subsidy Under Public Distribution System
- Rs. 1000 Crore Provided For Establishing A Non-Profit Corporation For Skill Development
- Rs. 750 Crore Allocated For Upgrading 300 Itis
- Rs. 60,000 Crore Agricultural Debt Relief Package; Complete Loan Waiver For Small And Marginal Farmers; 4 Crore Farmers To Benefit
- Rs.2,80,000 Crore Target Set For Farm Credit In 2008-09; Short Term Crop Loan To Continue At 7 Per Cent Interest
- Irrigation And Water Resources Finance Corporation To Be Set Up; Rainfed Area Development Programme To Be Started
- Rs.3, 966 Crore For Schemes For Scs And Sts; Rs. 18,983 Crore For Schemes Earmarking 20 Per Cent Funds For Scs And Sts
- Multi-Sectoral Development Plans For All 90 Minority Concentration Districts
- All Women Self Help Groups Credit-Linked To Banks To Be Covered Under Janashree Bima Yojana
- National Rural Employment Guarantee Scheme To Cover All 596 Rural Districts
- Six Mega-Clusters Planned For Handlooms, Powerlooms And Handicrafts
- Government To Provide Rs. 16,436 Crore As Equity Support And Rs. 3,003 Crore As Loans To Central Public Sector Enterprises
- Backward Region Grant Fund Retained At Rs. 5,800 Crore; Bihar, Orissa And Uttar Pradesh To Get Nearly 45 Per Cent Of The Amount
- Income Tax Exemption Limit Hiked To Rs. 1.5 Lakh; 10 Per Cent Tax For Income Between Rs. 1.5 Lakh And Rs. 3 Lakh; 20 Per Cent Between Rs. 3 Lakh And Rs. 5 Lakh. Income Above Rs. 5,00,001 To Attract 30 Per Cent Income Tax
- Exemption Limit For Women Tax Payers Increased To Rs. 1,80,000 And For Senior Citizens To Rs. 2,25,000
- No Change In Corporate Income Tax Rates And Surcharge
- No Change In The Peak Rate Of Customs Duty
- Customs Duty On Project Imports Slashed From 7.5 Per Cent To 5 Per Cent
- Duty On Steel And Aluminnum Scrap Abolished
- Excise Duty On Pharmaceutical Sector Reduced From 16 Per Cent To 8 Per Cent
- Small Cars, Two And Three Wheelers, Buses And Their Chassis To Cost Less
- Non Filter Cigarettes To Cost More, Excise On Non Filter Cigarettes Will Be At Par With Filter Cigarettes
- Four More Services Brought Under Service Tax Net
- Threshold Limit Of Exemption For Small Service Providers Increased From Rs. 8 Lakh To Rs. 10 Lakh
- Customs Duty On Crude And Unrefined Sulphur Brought Down From 5 To 2 Per Cent
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