बजट २०११- मुख्यबिंदु

Here are the top highlights of Union Budget 2011-12:

•Income tax exemption raised from Rs 1.6 lakh to Rs 1.8 lakh.
•I-T exemption for senior citizens increased from Rs 2.4 lakh to Rs 2.5 lakh; age bracket reduced from 65 years to 60 years.
•New bracket of 'very senior citizens' created (80 years and above), having an I-T exemption of Rs 5 lakh.
•Sarva Shiksha Abhiyan outlay increased by 40 per cent to Rs 21,000 cr.
•Allocation for education sector hiked to Rs 57,057 cr.
•Rs 8,000 cr allocated for North-East development and Rs 28,000 cr for J&K.
•Rs 200 crore for development of IIT Kharagpur.
•International award of Rs 1 crore instituted for promoting universal brotherhood in memory of Rabindranath Tagore.
•Capital infusion of Rs 20,157 cr in PSU banks.
•Economy to grow at 9 per cent in 2011.
•Direct Tax Code to be effective from April 2012.
•Rs 40,000 crore disinvestment target for 2011-12.
•Rs 58,000 cr allocated for Bharat Nirman projects.
•Credit flow for farmers increased from 3.75 lakh cr to Rs 4.75 lakh cr.
•Some categories of salaried people exempted from filing I-T returns.
•Govt to maintain 51 per cent stake in PSUs.
•FIIs allowed to invest in mutual funds.
•FII limit in corporate bonds raised to $40 million.
•ousing loan limit raised from Rs 20 lakh to Rs 25 lakh from priority sector lending.
•Subvention of 1 per cent on home loans up to Rs 15 lakh.