Kapsole Handbook on India Budget 2011-12
An account of the year passed, an impression of the year to come, Union Budget of India is one such document which cast its affect right from a household to business entities and the governments.
The Union Budget is one of the biggest exercise performed in this largest democracy of the world and is keenly followed by one and all to gauge the impact it will cast on one’s financials for coming twelve months. This is one such government document which cast its influence across geographies, industries, commerce, trade and consumer markets in one stroke. Indeed it touches upon the lives of every Indian in more than one way.
As big its bearing is, it remains a mystery thanks to the difficulty of the official language, complexity of the formats and deep seated economics embedded involved in working of the hard numbers. But this should not prevent one from familiarizing with varied nuances of the Budget.
Hence, our economic research desk decided to come out with a ready reference handbook on Indian budget which will provide a quick glance and important insights on the vast and complex financial statements of the government.
The Union Budget is one of the biggest exercise performed in this largest democracy of the world and is keenly followed by one and all to gauge the impact it will cast on one’s financials for coming twelve months. This is one such government document which cast its influence across geographies, industries, commerce, trade and consumer markets in one stroke. Indeed it touches upon the lives of every Indian in more than one way.
As big its bearing is, it remains a mystery thanks to the difficulty of the official language, complexity of the formats and deep seated economics embedded involved in working of the hard numbers. But this should not prevent one from familiarizing with varied nuances of the Budget.
Hence, our economic research desk decided to come out with a ready reference handbook on Indian budget which will provide a quick glance and important insights on the vast and complex financial statements of the government.
1. KEY HIGHLIGHTS
2. TAXATION
2.1 Direct Taxes
2.1.1-Income Tax
2.1.2-Corporate Tax
2.2 Indirect taxes
2.2.1- Customs
2.2.2-Excise
2.2.3-Service Tax
2.2.4-Cental Sales Tax
3. FINANCIAL STATEMENT OF GOVERNMENT
3.1 Receipts
3.1.1 Revenue Receipts
3.1.1 Capital Receipts
3.2 Expenditure
3.2.1 Plan Expenditure
3.2.2 Non Plan Expenditure
3.3 Deficit
4. KEY GOVERNMENT SCHEMES
5. SECTORAL OUTLOOK
5.1 Central Outlay by Sectors
5.2 Sectoral policy initiatives
6. MACRO ECONOMIC FRAMEWORK
2. TAXATION
2.1 Direct Taxes
2.1.1-Income Tax
2.1.2-Corporate Tax
2.2 Indirect taxes
2.2.1- Customs
2.2.2-Excise
2.2.3-Service Tax
2.2.4-Cental Sales Tax
3. FINANCIAL STATEMENT OF GOVERNMENT
3.1 Receipts
3.1.1 Revenue Receipts
3.1.1 Capital Receipts
3.2 Expenditure
3.2.1 Plan Expenditure
3.2.2 Non Plan Expenditure
3.3 Deficit
4. KEY GOVERNMENT SCHEMES
5. SECTORAL OUTLOOK
5.1 Central Outlay by Sectors
5.2 Sectoral policy initiatives
6. MACRO ECONOMIC FRAMEWORK
