Highlights of Economic Survey 2008-09
July 2nd, 2009 - 2:21 pm ICT by IANSNew Delhi, July 2 (IANS) Salient features of the Economic Survey for 2008-09 released by Finance Minister Pranab Mukherjee in parliament Thursday:
- Cut fuel, food and fertiliser subsidies
- Raise foreign investment cap in insurance to 49 percent
- Allow 100 percent foreign investment in health, weather insurance
- Raise Rs.25,000 crore from divestment every year
- Sell 5-10 percent in profitable non-Navratnas
- List unlisted state-owned firms, divest at least 10 percent equity
- Auction loss-making state-owned firms
- Rationalise dividend distribution tax to avoid double taxation
- Review customs duty exemptions
- Removal of fringe benefit tax
- Remove commodity and security transaction taxes
- Limit subsidy on cooking gas to six-eight cylinders per household
- Kerosene subsidy only for non-electrified, non-cylinder homes
- Highlights of Economic Survey 2008-09 (Lead) - Jul 02, 2009
- Highlights of Economic Survey 2008-09 (Second Lead) - Jul 02, 2009
- Reform taxes, cut subsidies, says Economic Survey - Jul 02, 2009
- India's Economic Survey calls for sweeping reforms - Jul 02, 2009
- Economic Survey favours raising Rs.25,000 crore from divestment - Jul 02, 2009
- Assuring high growth, India's Economic Survey calls for sweeping reforms (Lead) - Jul 02, 2009
- Capital gains tax on private equity lowered - May 07, 2012
- Making housing affordable: Realty industry needs budget boost (Comment) - Feb 26, 2012
- Service tax rate raised by two percent (Lead) - Mar 16, 2012
- Budget promises more money for all - farmers to corporates (Third Lead) - Feb 28, 2011
- Northeastern states ask for effective industrial policy - Sep 30, 2010
- 30 corporate giants paid no US taxes in 3 years: Report - Nov 04, 2011
- Government to amend law to tax Vodafone-type deals - Mar 16, 2012
- India, Colombia sign double tax avoidance treaty - May 13, 2011
- Levy on unbranded jewellery to be withdrawn: Pranab (Lead) - May 07, 2012
Tags: commodity, crore, customs duty, dividend distribution, double taxation, duty exemptions, economic survey, eight cylinders, fertiliser, finance minister, foreign investment, fringe benefit tax, kerosene, New Delhi, pranab mukherjee, salient features, security transaction, subsidies, subsidy, weather insurance