The document provides an overview of the views on India's 2012-13 central government finance budget. It states that GDP growth is estimated to be 6.9% for 2011-12 and projected to increase to 7.6% and 8.6% in the following two years. Inflation had dropped significantly from 20.2% to 1.6% for food items. It also discusses sources of cash inflow and outflow for the central government, including various taxes. Key points from the budget include changes in income tax exemption limits and rates for some goods. Funding is increased for agriculture loans and basic infrastructure development.

1. VIEWS ON FINANCE BUDGET 2012-13
OF CENTRAL GOVT.
Presented by
Mr.Tushar RameshVaidya
tusharvaidya143@gmail.com
MBA II

2. BEFORE BUDGET IT IS IMPORTANT TO UNDERSTAND
RATE OF GROWTH ESTIMATED TO BE 6.9%.
GDP GROWTH EXPECTED TO PICK UP TO 7.6% IN 2012-13 AND 8.6% IN 2013-14
SERVICES SECTOR GROWS BY 9.4 %, ITS SHARE IN GDP GOES UP TO 59%
INDUSTRIAL GROWTH PEGGED AT 4-5 PERCENT
WPI FOOD INFLATION DROPPED FROM 20.2% IN FEBRUARY 2010 TO 1.6% IN JANUARY 2012
FOREX RESERVE AT US $ 293 BILLION; EXTERNAL DEBT STOCK AT US $ 326 BILLION
RUPEE DECLINES BY 12.4 PER CENT AGAINST DOLLAR ON MONTH-TOMONTH BASIS
OIL, GOLD AND SILVER PRICES CONTRIBUTE TO MODEST RISE IN CURRENT ACCOUNT
DEFICIT
THE ECONOMIC SURVEY OF INDIA 2012-13

3. TO UNDERSTAND THIS FOR CENTRAL GOVT.
Cash inflow
&
Cash out flow

4. Previous year Taxes
29%
Company Tax
21%
CASH INFLOW
Income and Sales Tax
11%
Servise Tax and Other Taxes
Central Excise
11%
Octori
10%
7%
Non Taxeble Revenue
9%
With out loan Income
2%

5. Previous year Taxes
29%
Company Tax
21%
Income and Sales Tax
11%
Octori
10%
Central Excise
11%
Service Tax and Other Taxes
7%
Non Taxeble Revenue
9%
With out loan Income
2%
CASH OUT FLOW

6. SOME IMPORTANT POINTS
1. Income tax exemption for us
 1.8 to 2 l exempt
 2 to 5 l 10%
 5 to 10 l 20%
 above 10 l 30%
Bank interest or rs 30000 tax exempt

7. 2 . About other taxes
 Service tax increased by 2 % now it is 12%
 Vat increased on gold by 2 % now it is 3 %
 No change in corporate tax rate
3. Tax relief for mining , railway, agri input +

8. 12 % excise duty on small cares
22-24% on vehicle with bigger engine and length
Subsidy reduces by 3 to 5 %
FOR AGRICULTUREL LOAN FUND INCREASED BY 18 % NOW IT IS 5.75 L ,CR
FOR BASIC INFRA STUCTURE 60000 CR
STORANG INCREAMENT IN JOINT VENTURE PROJRCT OG GOVT WITH PRIVATE SECTORE

9. BUDGET INCREASE THE PRISES OF THE PRODUCT LIKE
GOLD SMAL CARS
CIMENT A . C.
FIRDGE CIGARATE
TOBACCO PRODUCTS BUITY PARLOR
AIR LINES

10. BUDGET DECREASE THE PRISES OF THE PRODUCT LIKE
LCD LED TV CINEMA
MATCH BOX MEDICENES FOR
CANCER AND HIV
CYCLE MOBILE
TIR E