Budget 2013 by Vinu from Versatile Business School

1. IMPACT OF
S.VINU

2. The budget for something is
the amount of money that a
person or country has
available to spend on it.

3. Tax Increases Tax Deduction
 Cell phone
 Cigarette
 Set up box
 Import luxury car
(100%)
 Production luxury car
(30%)
 Hand craft product
 Foot ware machine
 Electrical car
 Import of oats (30% -
15%)
 Diamond toll tax
10%(-) 2%=8%
TAX
18,000crores tax in 2013-2014

4. INCOME TAX
Person
2,00,000NO TAX
2,00,000 TO 5,00,000 10%
5,00,001 to 10,00,000 20%
10,00,001 to 1Crore 30%
Above 1Crore 30% + 10%
Above 60
2,50,000NO TAX
2,50,000 to 5,00,000 10%
5,00,001 to 10,00,000 20%
1000001 to 1Crore 30%
Above 1Crore 30% + 10%
Above 80
5,00,000NO TAX
5,00,001 to 10,00,000 20%
10,00,001 to 1Crore 30%
1Crore 30% + 10%

5. women
 200cr for Women Welfare
 1,000cr for women banking sector
Medical
 Development of Medical department 1,069cr
 Medical research and education 4,727cr
 110cr Disabled people useful
(Amount in rupees)

6. Measure: Additional interest rate deduction on low ticket housing loans for first
time home buyers
Impact: NRIs who are first time home buyers in India may benefit from this proposal
if they have significant income in India. According to the proposal, a person taking a
loan for his first home from a bank or a housing finance corporation up to Rs25 lakh
during the period 2013-14, will be entitled to an additional deduction of interest of up
to Rs100,000. If the limit is not exhausted in 2013-14, the balance may be claimed in
2014-15. This deduction will be over and above the deduction of Rs1.5 lakh that is
currently allowed for home loans. NRIs
Housing loan

7. Measure: Substantial increase in limit for duty
free gold import
Impact: The Finance Minister raised the duty free
limit of bringing gold into the country to Rs50,000 for
a male passenger and Rs1 lakh for a female
passenger. The earlier limits were Rs10,000 and
Rs20,000 respectively.
GOLD

8. Employment
 80,194cr for encourage rural area
 7,500cr for tuticorin harbor
 33,000cr employment opportunity
High ways
 Bangalore to Mumbai
(Amount in rupees)

9. Agriculture
500cr for crop agro
(Amount in rupees)

10. Kudangulam
 150cr improve a project
Noon Food System
13,215cr
DONATION
(Amount in rupees)

11. THANK YOU