Budget Anlysis 2010-11
Transcript of Budget Anlysis 2010-11
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PRESENTED BY SUMMER of 69
ARIJIT DAS (Fin/03)
SRIJIT DUTTA
TITHI SAHOO
PARAKRAM MAJUMDAR
ESHITA SADHUKHAN
ATANU GHOSH
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2010-11.pdf
For Budget 2010-11, click on above Pdf icon
Forecasting of Fiscal Deficit by Budget 2010-11
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Particular FY 2009-10 FY 2010-11 FY 2011-12 FY2012-13
Fiscal Deficit 6.8% of GDP 5.5% of GDP 4.8% of GDP 4.8% of GDP
Facts About Budget 2010-11
1. Targets 9% Growth.
2. The Government expects that the fiscal deficit will come down to 5.5% of
GDP during the financial year 2010 - 2011
3. Allocation to rail increased to 15,800 cr.
4. Plan to create 12 million jobs .
5. Fiscal stimulus of 1,86,000 Cr. provided.
6. Urban areas get Rs 3937 Cr.
7. IT exemption limit has been raised.
8. Limit raised by Rs 10,000 for taxpayers including women.
9. Higher public investment in infrastructure.
10.Rs 2113 Cr. for IITs and NITs.
Effects of Budget O n Auto sector :
Budget Effect
Petrol prices to rise by Rs2.67/lit & Diesel rates by Rs2.58/lit.
Decrease the demand of Car.
Small cars will continue to getexcise duty relief of 4%.
Price is not going to change and Demand of small cars will increase
(Because of tax relaxation).
Excise on large cars, SUVs,MUV raised to 22% from 20%.
Price is going to increase and Demand of large cars, SUVs, MUV is
going to decrease.
Excise duty on two-wheelersslashed from 10% to 8%.
Price is going to decrease so, demand will increase.
Automakers Announced Increase in Vehicle’s Prices:-
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• Marui to cost 2% more.• Hyundai to increase price by Rs. 6,000-25,000• Toyota to increase prices by Rs. 15,000.
Effects of Budget On TAX :
Budget Effect
10% - Income between 1.6 lakhs and 5
lakhs
20% - Income between 5 lakhs and 8 lakhs
30% - Income over 8 lakhs
More money in hand of general people and
that will increase overall purchasing power
of India.
Effects of Budget On Oil sector :
Budget Effect
The Finance Minister has proposed a duty
roll-back on petroleum prices. A basic dutyof five percent on crude oil, 7.5 percent on
diesel and petrol, and 10 percent on otherproducts is proposed
• This means the overall cost of
petroleum products will go up.
• This means the overall cost of
petroleum products will go up.
• The government is moderating the
prices as a steep hike will push the
inflation further up, which is alreadybeyond comfortable levels.
Effects of Budget On Hospitality sector :
Budget Effect
The Finance Minister has announced some
tax benefits for the hotel industry, especiallyon investments in the economy segment
• This is a positive development as it
will give a boost to the investment-
intensive hospitality sector, and
indirectly have a positive impact on
tourism
Effects of Budget On Infrastructure sector :
Budget Effect
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The allocation has been increased by almost
13 percent for road infrastructureimprovement and defense projects.
• This is a positive development for
companies in the infrastructure
development space
Effects of Budget On Power & Energy sector :
Budget Effect
• The Finance Minister has announced acess (clean energy) on domestic and
imported coal.• On the other hand, the Finance
Minister has provided a boost to windenergy and solar energy-related
companies by cutting duty on windfarm units.
• This will have a negative impact on
the companies that are operating in
this segment
Effects of Budget On IT sector :
Budget Effect
No further extension of the tax holiday
(STPI) for IT sector.
• So, there is chance of decrease of
share price of IT companies.
Conclusion:-
There will be significant foreign capital fund flow increment. Withthe budget 2010, let us hope to see our country shining and bright in
the coming future…….