Buget 2011 Today’s budget, the Finance Minister Pranab Mukherjee, will be the creation of the history of all kinds – to join an elite group of finance ministers, Manmohan Singh, including – who made six budget speech. But envy is not atleast this year – the control of food prices will be a great challenge.Pranab Mukherjee lost the quiet often these days – an indication of how difficult the road was for the government UPA, suspended in a scam to others.
The base slab of income tax was proposed to be raised Rs.1.8 lakhs to Rs.1.6 lakhs current. This leads to a saving of 2000 rupees for all taxpayers. Also for the third age of the slab has been increased from Rs.2.4 lakhs to Rs.2.5 lakhs. The slab of women has not changed since the previous Rs.1.9 lakhs. While the finance minister did not mention it in his budget speech was included in documents submitted to the financial statement.
CMD, National Housing Bank says that housing finance has come under a separate item in the budget speech is a clear indication that the priority for the government. Budget has taken specific measures such as increasing the limit of Rs 20 rupees Priority lakhs. 25 lakhs, clearly, for a segment which is driven by demand and aspiration. This segment can be used to advantage by the bank. The budget aims to meet the needs of this segment, by far.
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