Union Budget Simplified

Created by BUDGET SIMPLIFIED Futurewise our focus, your future THE TAX SLABS OLD NEW 0 – 180000 0% 0 – 200000 180001 – 500000 10% 200001 – 500000 500001 – 800000 20% 500001 – 1000000 - > 800000 30% > 1000000 Tax saving for various income categories 2,00,000 9,00,000 10,00,000 2,060 12,360 22,660 GDP Growth Service Tax FY 12 7.6% 12% 10% FY 13 6.9% Old New Fiscal Deficit Excise Duty FY 12 4% 5.9 7% 12% 10% FY 13 4% 7% 5.1 Old New 6 6 Life of a Finance I must be cruel only Minister is not Easy to be kind 99 EXPENSIVE CHEAPER Diesel Cars Medicines For HIV & Cancer Cigarettes (Tobacco) Branded Silver Jewelry Air Conditioners Matchbox & lodized Salt Refrigerators & Phone Bills Soya Products Gold LCD / LED Televisions Imported Bicycles Solar Power Lamps SUV's LED Bulbs Mobile Bills Mobile Phones Additional Tax incentives for investments 50,000 under Rajiv Gandhi equity scheme Will encourage more equity participation from new retail investors Additional Deductions from interest Things that 10,000 earned from savings account Will encourage more money to be parked in savings account matter to the Reduction in Securities aam investor Transaction Tax 20% Should give further boost to stock market trading activities What will India spend in FY 2013 1,49,09,25,00,00,000 Where will India spend in FY 2013 3,19,759 Cr. 1,90,015 Cr. 3,03,528 Cr. Interest Payments Subsidies Central Plan 63,183 Cr. 1,93,407 Cr. 1,00,512 Cr. Сapital Expenditure Pensions Defence Services 64,211 Cr. 44,889 Cr. 2,11,419 Cr. State Government Social & Economic Others grants Services Futurewise is a Free Financial Planning Service for early adopters futurewise www.futurewise.co.in our focus, your future © Copyright 2012 Futurewise Financial Planners Pvt. Ltd. | All Rights Reserved Created by BUDGET SIMPLIFIED Futurewise our focus, your future THE TAX SLABS OLD NEW 0 – 180000 0% 0 – 200000 180001 – 500000 10% 200001 – 500000 500001 – 800000 20% 500001 – 1000000 - > 800000 30% > 1000000 Tax saving for various income categories 2,00,000 9,00,000 10,00,000 2,060 12,360 22,660 GDP Growth Service Tax FY 12 7.6% 12% 10% FY 13 6.9% Old New Fiscal Deficit Excise Duty FY 12 4% 5.9 7% 12% 10% FY 13 4% 7% 5.1 Old New 6 6 Life of a Finance I must be cruel only Minister is not Easy to be kind 99 EXPENSIVE CHEAPER Diesel Cars Medicines For HIV & Cancer Cigarettes (Tobacco) Branded Silver Jewelry Air Conditioners Matchbox & lodized Salt Refrigerators & Phone Bills Soya Products Gold LCD / LED Televisions Imported Bicycles Solar Power Lamps SUV's LED Bulbs Mobile Bills Mobile Phones Additional Tax incentives for investments 50,000 under Rajiv Gandhi equity scheme Will encourage more equity participation from new retail investors Additional Deductions from interest Things that 10,000 earned from savings account Will encourage more money to be parked in savings account matter to the Reduction in Securities aam investor Transaction Tax 20% Should give further boost to stock market trading activities What will India spend in FY 2013 1,49,09,25,00,00,000 Where will India spend in FY 2013 3,19,759 Cr. 1,90,015 Cr. 3,03,528 Cr. Interest Payments Subsidies Central Plan 63,183 Cr. 1,93,407 Cr. 1,00,512 Cr. Сapital Expenditure Pensions Defence Services 64,211 Cr. 44,889 Cr. 2,11,419 Cr. State Government Social & Economic Others grants Services Futurewise is a Free Financial Planning Service for early adopters futurewise www.futurewise.co.in our focus, your future © Copyright 2012 Futurewise Financial Planners Pvt. Ltd. | All Rights Reserved Created by BUDGET SIMPLIFIED Futurewise our focus, your future THE TAX SLABS OLD NEW 0 – 180000 0% 0 – 200000 180001 – 500000 10% 200001 – 500000 500001 – 800000 20% 500001 – 1000000 - > 800000 30% > 1000000 Tax saving for various income categories 2,00,000 9,00,000 10,00,000 2,060 12,360 22,660 GDP Growth Service Tax FY 12 7.6% 12% 10% FY 13 6.9% Old New Fiscal Deficit Excise Duty FY 12 4% 5.9 7% 12% 10% FY 13 4% 7% 5.1 Old New 6 6 Life of a Finance I must be cruel only Minister is not Easy to be kind 99 EXPENSIVE CHEAPER Diesel Cars Medicines For HIV & Cancer Cigarettes (Tobacco) Branded Silver Jewelry Air Conditioners Matchbox & lodized Salt Refrigerators & Phone Bills Soya Products Gold LCD / LED Televisions Imported Bicycles Solar Power Lamps SUV's LED Bulbs Mobile Bills Mobile Phones Additional Tax incentives for investments 50,000 under Rajiv Gandhi equity scheme Will encourage more equity participation from new retail investors Additional Deductions from interest Things that 10,000 earned from savings account Will encourage more money to be parked in savings account matter to the Reduction in Securities aam investor Transaction Tax 20% Should give further boost to stock market trading activities What will India spend in FY 2013 1,49,09,25,00,00,000 Where will India spend in FY 2013 3,19,759 Cr. 1,90,015 Cr. 3,03,528 Cr. Interest Payments Subsidies Central Plan 63,183 Cr. 1,93,407 Cr. 1,00,512 Cr. Сapital Expenditure Pensions Defence Services 64,211 Cr. 44,889 Cr. 2,11,419 Cr. State Government Social & Economic Others grants Services Futurewise is a Free Financial Planning Service for early adopters futurewise www.futurewise.co.in our focus, your future © Copyright 2012 Futurewise Financial Planners Pvt. Ltd. | All Rights Reserved Created by BUDGET SIMPLIFIED Futurewise our focus, your future THE TAX SLABS OLD NEW 0 – 180000 0% 0 – 200000 180001 – 500000 10% 200001 – 500000 500001 – 800000 20% 500001 – 1000000 - > 800000 30% > 1000000 Tax saving for various income categories 2,00,000 9,00,000 10,00,000 2,060 12,360 22,660 GDP Growth Service Tax FY 12 7.6% 12% 10% FY 13 6.9% Old New Fiscal Deficit Excise Duty FY 12 4% 5.9 7% 12% 10% FY 13 4% 7% 5.1 Old New 6 6 Life of a Finance I must be cruel only Minister is not Easy to be kind 99 EXPENSIVE CHEAPER Diesel Cars Medicines For HIV & Cancer Cigarettes (Tobacco) Branded Silver Jewelry Air Conditioners Matchbox & lodized Salt Refrigerators & Phone Bills Soya Products Gold LCD / LED Televisions Imported Bicycles Solar Power Lamps SUV's LED Bulbs Mobile Bills Mobile Phones Additional Tax incentives for investments 50,000 under Rajiv Gandhi equity scheme Will encourage more equity participation from new retail investors Additional Deductions from interest Things that 10,000 earned from savings account Will encourage more money to be parked in savings account matter to the Reduction in Securities aam investor Transaction Tax 20% Should give further boost to stock market trading activities What will India spend in FY 2013 1,49,09,25,00,00,000 Where will India spend in FY 2013 3,19,759 Cr. 1,90,015 Cr. 3,03,528 Cr. Interest Payments Subsidies Central Plan 63,183 Cr. 1,93,407 Cr. 1,00,512 Cr. Сapital Expenditure Pensions Defence Services 64,211 Cr. 44,889 Cr. 2,11,419 Cr. State Government Social & Economic Others grants Services Futurewise is a Free Financial Planning Service for early adopters futurewise www.futurewise.co.in our focus, your future © Copyright 2012 Futurewise Financial Planners Pvt. Ltd. | All Rights Reserved Created by BUDGET SIMPLIFIED Futurewise our focus, your future THE TAX SLABS OLD NEW 0 – 180000 0% 0 – 200000 180001 – 500000 10% 200001 – 500000 500001 – 800000 20% 500001 – 1000000 - > 800000 30% > 1000000 Tax saving for various income categories 2,00,000 9,00,000 10,00,000 2,060 12,360 22,660 GDP Growth Service Tax FY 12 7.6% 12% 10% FY 13 6.9% Old New Fiscal Deficit Excise Duty FY 12 4% 5.9 7% 12% 10% FY 13 4% 7% 5.1 Old New 6 6 Life of a Finance I must be cruel only Minister is not Easy to be kind 99 EXPENSIVE CHEAPER Diesel Cars Medicines For HIV & Cancer Cigarettes (Tobacco) Branded Silver Jewelry Air Conditioners Matchbox & lodized Salt Refrigerators & Phone Bills Soya Products Gold LCD / LED Televisions Imported Bicycles Solar Power Lamps SUV's LED Bulbs Mobile Bills Mobile Phones Additional Tax incentives for investments 50,000 under Rajiv Gandhi equity scheme Will encourage more equity participation from new retail investors Additional Deductions from interest Things that 10,000 earned from savings account Will encourage more money to be parked in savings account matter to the Reduction in Securities aam investor Transaction Tax 20% Should give further boost to stock market trading activities What will India spend in FY 2013 1,49,09,25,00,00,000 Where will India spend in FY 2013 3,19,759 Cr. 1,90,015 Cr. 3,03,528 Cr. Interest Payments Subsidies Central Plan 63,183 Cr. 1,93,407 Cr. 1,00,512 Cr. Сapital Expenditure Pensions Defence Services 64,211 Cr. 44,889 Cr. 2,11,419 Cr. State Government Social & Economic Others grants Services Futurewise is a Free Financial Planning Service for early adopters futurewise www.futurewise.co.in our focus, your future © Copyright 2012 Futurewise Financial Planners Pvt. Ltd. | All Rights Reserved