Highlights of the union budget for the F.Y 2012-13
New laws for micro finance markets
2.5 % growth in agriculture this year
Indian economy to grow at 6.9% this year
5000 crores venture for MSME sector
investment upto 50,000 in
Direct Tax code will be enacted at the earliest
6000 schools to be setup in5 years
National mission for food processing to be started
Direct import of ATF allowed
8,800 Km national highways to be developed
Direct cash subsidy for LPG, Kerosene
IT exemption limit increased to 2 lakhs
To introduce Rajiv Gandhi equity scheme.
PDS to be computerised.
New Income Tax Slab for the F.Y 2012-13
Income tax exemption limit increased to 2 lakhs !!
0% tax for income upto 2 lakhs
10% tax for 2 to 5 lakhs
20% tax for 5 to 10 lakhs
30% tax for income above 20 lakhs
Benefits for Central Government Employees in Union Budget 2012-13
Central Government Employees News | IMyIdeas
