Helplinelaw - legal solution world wide  
round round
search a lawyer
letterboxSubmit Article
loginArticle Login
Find a Lawyer :
Country :
City :
Category :
  • Economic growth in 2009-10 may turn out to be higher than 7.2%
  • Clean energy cess of Rs. 50 per tonne on coal produced in India
  • Coal regulatory authority to be set up
  • Fertilizer subsidy to be reduced
  • Listing of PSUs will improve corporate governance
  • National Clean Energy Fund to be set up
  • Government must deliver to lesser privileged sector
  • RBI considering additional licences to private companies
  • Allocation for roads raised by 13%
  • Rs. 200 crore to Goa to preserve its beaches and its green cover
  • 46% of total plan dedicated to infrastructure
  • School education allocation hiked to Rs. 31,036 crore
  • Food Security Bill to be put up for public debate
  • Rs. 400 crore for green revolution in Bihar, Jharkhand, West Bengal and Orissa
  • No big increase in NREGA allocation
  • Housing interest subsidy to be extended by 1 year
  • New symbol for Indian rupee this year
  • More than 50% increase in allocation for minority welfare
  • Rs. 1,900 crore for Unique ID Authority of India
  • Four per cent hike in defence budget
  • Government committed to growth of SEZs
  • Involvement of private sector in grain storage to continue for another two years
  • Five more mega food processing projects in addition to 10 existing ones
  • Government set in motion steps to bring down food inflation
  • New fertiliser policy from April 2010; will lead to improved productively and more income for farmers
  • Apex level financial stability council to be set up for banking sector
  • Indian Banking Association to give additional licences to private players
  • Rs. 35,000 crore raised from divestment in 2009-10; will be higher in 2010-11
  • Economy stabilised in first quarter of 2009-10; strong rebound in second quarter; overall growth at 7.2 and could be higher when Q3 and Q4 are taken into account
  • Export figures for January encouraging
  • Hope to breach 10 percent growth mark in not too distant future
  • Need to review stimulus package; need to make growth more broad-based
  • Provision for further capital for regional rural banks
  • Fiscal deficit 6.9% in 2009
  • Financial Sector Reforms Commission to be set up
Foreign Direct Investment
  • FDI regime has been simplified by the government
  • FDI flows in April-December 2009 $20.9 billion
  • FDI policy to be made more user-friendly with one comprehensive document
Taxation - Indirect
  • Goods and Services Tax delayed, now from April 1, 2011.
  • Excise duty on high-end cars raised by 2% to 22%
  • Excise duty on petrol, deisel hiked by Re. 1
  • Tax on cigarettes, cigars and chewing tobacco increased
  • Gold, platinum to become costlier
  • Basic duty of 5 percent on crude oil restored
  • Toys fully exempt from central excise duty
  • Mobile accessories, medical equipment energy efficient CFL lamps, set top boxes, compact disc, toys and books will be cheaper on account of some tax concessions
  • Partial roll back of reduction in central excise duty
  • Concessional customs duty of 5 percent for cable TV operators for importing equipment
  • Accredited news agencies exempt from service tax
  • Government actively engaged in finalising structure of general sales tax regime; hopes to implement it from April 2011
  • Accredited news agencies exempt from service tax
round round
india entry
Add Lawyer
Legal Enquiry
Find a Lawyer
Bare Acts / India Codes
Statutes / Code
India Lawyer
United State Lawyer
UAE Lawyer
Canada Lawyer
Find More...
Business Law
Employment & Labor Law
Govt. Agencis & Taxtion
Family Law
Real Estate Property Law
Immigration Law
About Us
Contact Us
Site Map
Recommend to Friends
© copyright 2000-2015, Terms of USE
This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Persons accessing this site are encouraged to seek independent counsel for advice in India abroad regarding their individual legal, civil criminal issues or consult one of the experts online.