Union Budget of India. The Budget documents presented to Parliament comprise, besides the Finance Minister's Budget Speech, of the following. Plan expenditure is placed at Rs.5,55,crore. Non Plan Expenditure is estimated at Rs,09,crore. Fiscal deficit for the current year contained at percent and for the year at percent. Revenue deficit for the current year at percent and for the year at percent.The Economy and the · Budget Estimates · The Plan and Budgetary. India | Edited by Shamik Ghosh | Updated: March 01, IST. Share. EMAIL. PRINT Here are the highlights of this year's budget: Leather products get.
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Export duty on de-oiled rice bran oil cake withdrawn. Duty of 10 percent on export of unprocessed ilmenite and 5 percent on indian budget 2013 on ungraded ilmenite.
Concessions to air craft maintenance, repair and overhaul MRO industry. Duty on Set Top Boxes increased from 5 to10 percent.
Duty on raw silk increased from 5 to 15 percent.
2013 Union budget of India
Duty on imported luxury goods such as high end motor vehicles, motor cycles, yachts and similar vessels increased. Duty free indian budget 2013 limit increased to '50, in case of male passenger and '1,00, in case of a female passenger subject to conditions. Relief to readymade garment industry.
In case of cotton, zero excise duty at fibre stage also.
In case of spun yarn made of manmade fibre, duty of 12 percent at the fibre stage. Handmade carpets and textile floor coverings of coir and jute totally exempted from excise duty. To provide relief to ship building industry, ships and indian budget 2013 exempted from excise duty.
No CVD on imported ships indian budget 2013 vessels. Specific excise duty on cigarettes increased by about 18 percent.
Budget Highlights - The Economic Times
Similar increase on cigars, cheroots and cigarillos. Excise duty on SUVs increased from 27 to 30 percent. Not applicable for SUVs registered as taxies.
Excise duty on marble increased from '30 per square meter to '60 per square meter. Proposals to levy 4 percent indian budget 2013 duty on silver manufactured from smelting zinc or lead.
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The step was indian budget 2013 required to tackle issues like rising inflation and dwindling forex reserves at that time. Green revolution in east India significant. Average annual growth rate of indian budget 2013 and allied services estimated at 3.
Rs 14, crore for JNNURM for urban transportation in —14 against Rs 7, crore in the current fiscal Foodgrain production in —13 will be over million tons Rs 15, crore to be allocated to Ministry of Drinking Water and Sanitation. Rs 80, crore allocation for Ministry of Rural Development in — Food grain productions have been raised drastically and only increase with each year.
I hope the bill be passed as soon as possible. I have set apart Rs 10, crore to the expected cost of indian budget 2013 act. Rs crore allocated to Department of Aryush: FM Rs 4, crore to be allocated for medical education and research.
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Rs 1, crore to be given to Department of Ayush. Medical colleges in six more AIIMS—like institutions to start functioning this year; Rs crore allocated for the purpose. Rs crore indian budget 2013 be allocated to the department of disability affairs, says FM.