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New Delhi: The exemption limit for the general category of individual tax payers has been enhanced to Rs. 1,80,000 from Rs. 1,60,000 in the General Budget 2011-12, presented by the Union Finance Minister, Shri Pranab Mukherjee in the Lok Sabha today.

New Delhi: The Union Finance Minister Shri Pranab Mukherjee has proposed to allocate a sum of Rs. 200 crore from the National Clean Energy Fund as Centre’s contribution in 2011-12 for launching environmental pollution remediation programmes.

New Delhi: In the General Budget 2011-12, surcharge on domestic companies has been reduced to 5 per cent from the present 7.5 per cent, continuing with the process of phasing out the surcharge.

New Delhi: A special allocation of Rs. 200 crore for the clean-up of some important lakes and rivers other than the Ganga has been made in the Budget 2011-12.

New Delhi: The Union Finance Minister Shri Pranab Mukherjee has announced that an international award with a prize money of Rs. One crore will be instituted for promoting values of Universal Brotherhood in the memory of Gurudev Rabindranath Tagore.

New Delhi: Union Finance Minister Shri Pranab Mukherjee has proposed in the Union Budget 2011-12 that the Rashtriya Swasthya Bima Yojana will be extended to cover unorganized sector workers in hazardous mining and associated industries like slate and slate pencil, dolomite, mica and asbestos etc.

New Delhi: In the General Budget 2011-12, the scope of exemptions to improve storage and warehouse specialty for agricultural produce has been further enlarged.

New Delhi: The Plan allocation for the year 2011-12 has been proposed to step up by 20 per cent to Rs. 26700 crore. This was announced by the Union Finance Minister Shri Pranab Mukherjee while presenting the Union Budget 2011-12 in the Lok Sabha today.

New Delhi: Under the on-going Indira Gandhi National Old Age Pension Scheme for Below Poverty Line (BPL) beneficiaries, the eligibility for pension will now be reduced to 60 years from 65 years at present.

New Delhi: The General Budget 2011-12 seeks to encourage domestic value addition vis-à-vis imports, to remove duty inversions and anomalies and to provide a level playing field for the domestic industry.