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IMPACT OFS.VINU
The budget for something isthe amount of money that aperson or country hasavailable to spend on it.
Tax Increases Tax Deduction Cell phone Cigarette Set up box Import luxury car(100%) Production luxury car(30%) Hand ...
INCOME TAXPerson2,00,000NO TAX2,00,000 TO 5,00,000 10%5,00,001 to 10,00,000 20%10,00,001 to 1Crore 30%Above 1Crore 30% + 1...
women 200cr for Women Welfare 1,000cr for women banking sectorMedical Development of Medical department 1,069cr Medica...
Measure: Additional interest rate deduction on low ticket housing loans for firsttime home buyersImpact: NRIs who are firs...
Measure: Substantial increase in limit for dutyfree gold importImpact: The Finance Minister raised the duty freelimit of b...
Employment 80,194cr for encourage rural area 7,500cr for tuticorin harbor 33,000cr employment opportunityHigh ways Ban...
Agriculture500cr for crop agro(Amount in rupees)
Kudangulam 150cr improve a projectNoon Food System13,215crDONATION(Amount in rupees)
THANK YOU
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Budget 2013 by Vinu

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Budget 2013 by Vinu from Versatile Business School

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Transcript of "Budget 2013 by Vinu"

  1. 1. IMPACT OFS.VINU
  2. 2. The budget for something isthe amount of money that aperson or country hasavailable to spend on it.
  3. 3. Tax Increases Tax Deduction Cell phone Cigarette Set up box Import luxury car(100%) Production luxury car(30%) Hand craft product Foot ware machine Electrical car Import of oats (30% -15%) Diamond toll tax10%(-) 2%=8%TAX18,000crores tax in 2013-2014
  4. 4. INCOME TAXPerson2,00,000NO TAX2,00,000 TO 5,00,000 10%5,00,001 to 10,00,000 20%10,00,001 to 1Crore 30%Above 1Crore 30% + 10%Above 602,50,000NO TAX2,50,000 to 5,00,000 10%5,00,001 to 10,00,000 20%1000001 to 1Crore 30%Above 1Crore 30% + 10%Above 805,00,000NO TAX5,00,001 to 10,00,000 20%10,00,001 to 1Crore 30%1Crore 30% + 10%
  5. 5. women 200cr for Women Welfare 1,000cr for women banking sectorMedical Development of Medical department 1,069cr Medical research and education 4,727cr 110cr Disabled people useful(Amount in rupees)
  6. 6. Measure: Additional interest rate deduction on low ticket housing loans for firsttime home buyersImpact: NRIs who are first time home buyers in India may benefit from this proposalif they have significant income in India. According to the proposal, a person taking aloan for his first home from a bank or a housing finance corporation up to Rs25 lakhduring the period 2013-14, will be entitled to an additional deduction of interest of upto Rs100,000. If the limit is not exhausted in 2013-14, the balance may be claimed in2014-15. This deduction will be over and above the deduction of Rs1.5 lakh that iscurrently allowed for home loans. NRIsHousing loan
  7. 7. Measure: Substantial increase in limit for dutyfree gold importImpact: The Finance Minister raised the duty freelimit of bringing gold into the country to Rs50,000 fora male passenger and Rs1 lakh for a femalepassenger. The earlier limits were Rs10,000 andRs20,000 respectively.GOLD
  8. 8. Employment 80,194cr for encourage rural area 7,500cr for tuticorin harbor 33,000cr employment opportunityHigh ways Bangalore to Mumbai(Amount in rupees)
  9. 9. Agriculture500cr for crop agro(Amount in rupees)
  10. 10. Kudangulam 150cr improve a projectNoon Food System13,215crDONATION(Amount in rupees)
  11. 11. THANK YOU
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