TOTAL SUBSIDES AT Rs. 1.43 LAKH CR.
FERTILIZER SUBSIDIES AT Rs. 50,000 CR,
FOOD SUBSIDIES AT Rs. 60,500 CR
OIL & PETROL SUBSIDIES AT Rs. 23,600 CR.
FOOD SUBSIDIES AT Rs. 60,500 CR
OIL & PETROL SUBSIDIES AT Rs. 23,600 CR.
FISCAL DEFICIT AT Rs. 4,12,817 CR.
MARKET LOANS = Rs. 3,43,000 CR
STATE PF = Rs. 10,000 CR.
EXTERNAL AID = Rs.14,500 CR.
EXTERNAL AID = Rs.14,500 CR.
LESS OTHERS = Rs. 13,866 CR.
THE CENTER'S EXPENDITURE 2011 - 12 IS PROJECTED AT Rs. 12,57,729 Cr.
THE CENTER'S EXPENDITURE 2011 - 12 IS PROJECTED AT Rs. 12,57,729 Cr.
| IN FLOW (Rs. in Cr) | |
|---|---|
| TAX RECEIPTS | 6,64,457 |
| CORPORATE TAX | 3,59,990 |
| INCOME TAX | 1,72,026 |
| CUSTOMS DUTY | 1,51,700 |
| EXCISE DUTY | 1,64,116 |
| SERVICE TAX | 82,000 |
| TAX OF UNION TERRITORY | 1,973 |
| NON TAX RECEIPTS | AMOUNT |
|---|---|
| INTEREST RECEIPTS | 19,578 |
| DIVIDENDS & PROFITS | 42,624 |
| EXTERNAL GRANTS | 2,173 |
| OTHER NON TAX RECEIPTS | 59,891 |
| RECEIPTS OF UNION TERRITORY | 1,169 |
| TOTAL | 1,25,435 |
| NON DEBT CAPITAL RECEIPTS | 55,020 |
|---|---|
| RECOVERY OF LOANS & ADVANCES | 15,020 |
| MISC. CAPITAL RECEIPTS | 40,000 |
* Out of the Tax Receipts the Centre has to keep aside States share of Rs. 2,63,458 cr & for Calamity & Contingency Fund of Rs. 4,525 crs.
| OUT FLOW (Rs. in Cr) | |
|---|---|
| PLAN EXPENDITURE | 4,41,547 |
| NON PLAN EXPENDITURE | 8,16,182 |
| OR | |
| REVENUE EXPENDITURE | 10,97,162 |
| CAPITAL EXPENDITURE | 1,60,567 |
| DEFENCE | 1,64,415 |
| SUBSIDIES | 1,43,570 |
| GRANTS TO STATES & UTs | 66,311 |
| PENSIONS | 54,521 |
| INTEREST PAYMENTS | 2,67,986 |
| LOANS TO PSUs | 496 |
| OTHER GENERAL SERVICES | 19,105 |
| LESS OTHERS | 368 |
| CENTRAL PLAN | 3,35,521 |
| POSTAL DEFICIT | 5,018 |
| EXPENSES of UTs with out Legislature | 3,592 |
| NON PLAN CAPITAL OUTLAY | 13,212 |
| ECONOMIC SERVICES | 25,391 |
| GRANTS TO FOREIGN GOVT. | 2,301 |
| CENTRAL PLAN AID TO STATES | 1,06,026 |
| SOCIAL SERVICES | 20,862 |
| POLICE SERVICE | 29,685 |
SOME MORE POINTS FROM BUDGET
à PSU Banks to get Rs. 20157 cr in FY12.
à Priority Home Loans up from Rs. 20 lakhs to Rs. 25 lakhs.
à 1 % Interest subvention on Home Loans of Rs. 15 lakhs.
à FY12 disinvestment target Rs. 40,000 crs.
à Equity Fund of Rs. 100 cr for Micro finance companies.
à Farm GDP was 5.4 % in FY11 in GDP growth of 8.6 %.
à To give 3 % Interest subsidy to farmers on early payment of loans.
à To allow Foreign Direct Investments in Mutual Funds.
à Cold Storage Chains will be given Infrastructure status.
à Exemption of Rs. 20,000 on investment in Infra bonds continued for 1 more year.
à Tax free bonds of Rs. 30,000 cr for Infrastructure sectors to be declared.
à Rural infra bonds of Rs. 18,000 cr to be declared.
à Social Schemes allocate Rs. 58,000 crs.
à Education sector allocated Rs. 52,057 cr up by 24 % in FY12.
à Corporate surcharge reduced from 7.5 % to 5 %.
à Dividend from foreign subsidiary to Indian companies down from 30 % to 15 %.
à Minimum Alternate Tax raised from 18 % to 18.5 % of Book profit.
à Developer of SEZ & SEZ operators, LLPs brought under MAT.
à Ship owners allowed duty free import on spare parts.
à Custom duty on imports of Micro irrigation systems down from 7.4 % to 5 %.
à 10 % Excise duty on Branded garments
à 20 % Ad volerm export duty on Iron ore.
à NO Excise duty on Ultra Mega Power Projects equipments.
à Air Conditioner restaurants serving liquor, hotels charging Rs.1000/day will attract Service Tax.
à Service Tax on Domestic Air tickets Rs. 50, & on international tickets Rs.250
