About this document
Union Budget 2011-12 Key Highlights by Rohanth Thota is a document available to read on EtoBox.
The Union Budget for 2011-2012 made several changes to taxes and introduced reforms. Personal income tax exemption limits were raised and surcharges on companies were decreased. Service tax and excise duty rates remained unchanged. Subsidies for food, fertilizers and petroleum totaled over 1.4 trillion rupees. The fiscal deficit was projected to decline to 4.6% of GDP for 2011-2012. Spending on infrastructure, education, health and rural development was increased. Measures to boost the agriculture sector an
- Author
- Rohanth Thota
- Language
- EN