The Union Budget for 2011-2012 is summarized as follows: 1. Total annual budget for 2011-2012 is Rs. 12,577,729 crore or $273 billion, which is more than 147 countries' GDP. 2. Key aspects of revenue include gross tax receipts of Rs. 9.32 trillion and corporate tax receipts of Rs. 3.6 trillion. Tax to GDP ratio is projected to be 10.4% in 2011-2012 and 10.8% in 2012-2013. 3. On the expenditure side, the subsidy bill is projected at Rs. 1.44 trillion for 2011-2012, with food subsidy of Rs. 605.7 billion and fertilizer subsidy of

1. Union Budget 2011-2012 PRESENTED BY VIMAL MAURYA PG10-099

2. REVENUE 1. Gross tax receipts seen at Rs 9.32 trillion in 2011-12 2. Corporate tax receipts seen at Rs 3.6 trillion in 2011-12 3. Tax-to-GDP ratio seen at 10.4 percent in 2011-12; seen at 10.8 percent in 2012-13 4. Customs revenue seen at Rs 1.52 trillion in 2011-12 5. Factory gate duties seen at Rs 1.64 trillion in 2011-12 6. Non-tax revenue seen at Rs 1.25 trillion in 2011-12 7. Service tax receipts seen at Rs 82,000 crore in 2011-12 8. Telecom fees, auction of broadband spectrum to raise Es 296.5 billion in 2011-12

3. REVENUE

4. TOTAL ANNUAL BUDGET 2011-12 IS - $273b Or $273000m Or `1257729 crore Which is more than 147 countries GDP EXPENDITURE

5. One-Minute Budget

6. One-Minute Budget

8. Lower rate of Central Excise Duty enhanced from 4 per cent to 5 per cent

9. AC restaurants serving liquor to come under service tax net

10. Health Check-Ups in Private hospitals to become expensive

12. Travel, Healthcare to become expensive due to increased service tax

13. Lack of FDI in retail was a disappointment

14. New service tax to hurt companies in hospitality

15. Hike in export duty on Iron Ore is a negative, says MotilalOswal

16. Air travel to cost more

17. Branded clothes may cost moreNegative

18. FISCAL DEFICIT

19. Borrowing

20. Taxes 1. Standard rate of excise duty held at 10 percent 2. Service tax rate held at 10 percent 3. Scope of service tax to be widened 4. Minimum alternate tax raised to 18.5 percent from 18 percent 5. Iron ore export duty raised to 20 percent 6. Personal income tax exemption limit raised to Rs 180,000 7. Surcharge on domestic companies raised to 5 percent

21. IncomeTaxSlabs 1. Exemption Limit for Women : 1.9 Lacs 2. Exemption Limit for Senior Citizen : 2.5 Lacs

22. Impact on yoursavings

23. Subsidies 1. Subsidy bill in 2011-12 seen at Rs 1.44 trillion 2. Food subsidy bill in 2011-12 seen at Rs 605.7 billion 3. Revised food subsidy bill for 2010-11 at Rs 606 billion 4. Fertiliser subsidy bill in 2011-12 seen at Rs 500 billion 5. Revised fertiliser subsidy bill for 2010-11 at Rs 550 billion 6. Petroleum subsidy bill in 2011-12 seen at Rs 236.4 billion 7. Revised petroleum subsidy bill in 2010-11 at Rs 384 billion 8. State-run oil retailers to be provided with Rs 200 billion cash subsidy in 2011-12

24. THANK U