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*  Maruti cars cheaper by Rs 22,000

*  Hyundai Santro cars prices down by Rs 23,000

*  FBT on tour & travel reduced to 5% from 20%

*  Brand endorsements excluded from Fringe Benefit Tax 

*  Transaction tax to continue

* PAN to be mandatory for more transactions

*  One-by-six scheme for filing of tax returns abolished.

*  No change in personal and corporate taxes

*  Sponsorship of events, excluding sports events, by corporates under service tax net

* FM proposes common Goods and Services tax for all states

* ATM operations, PR management services to come under Service tax net

* Excise duty on computers at 12%  

* Excise duty on cigarettes up by 5 per cent

*  Excise duty on footwear cut, duty on glassware down to 16%

*  Ice creams, pasta, packaged food to get cheaper

*  Excise duty on small cars, aerated drinks reduced.

*  Duty on steel reduced to 7.5 per cent.

*  Investor protection fund soon

*  Customs duty on Vanaspati up to 80%

*  Customs duty on 10 AIDS drugs and 14 cancer drugs reduced to 5%

*  Peak customs duties for non-agricultural products slashed

*  Rs 10 crore for celebrating 150th anniversary of 1857 Revolt

*  500 ITIs to be upgraded in five years.

*  FII investment limit in stock markets to be hiked to $2-b

*  Govt to promote Kudiyattam, Ramlila and Vedic chanting  

*   National e-governance project to be approved soon

*  Companies to be allowed to file IT returns electronically

*  Rs 50 cr to Universities of Madras, Bombay and Calcutta.

*  Rs 4,000 cr fund to develop rural roads

*   Tourism Plan spend at Rs 830 cr

*  National Maritime Academy to be set up

*  Three investment regions to be developed for oil sector

*  Export body for gems and jewellery sector soon

*   Govt to set up four new hotel management institutes

*  Jute Technology Mission to be set up in 2007

* National Fisheries Development Board to be created soon

* Farmers to receive short-term credit at 7 per cent

* Banks asked to hike farm credit by Rs 1.75 crore

* 1.5 lakh new teachers under Sarva Shiksha Abhiyan scheme

* Rajiv Gandhi Drinking Water Plan to get Rs 4,680 cr this year

* 20,000 scholarship schemes for students from minority communities

* Rs 3,000 for girl child who passes Class VIII exam

Govt determined to take country to 10% growth

* Mid-day meal allocation for FY07 at Rs 4,813 crore

* Old-age pensions to increase to Rs 200 per month 

* GDP growth likely to be 8.1 per cent

* Live webcast of Union Budget 2006 on SifyMax

 * Goal of eliminating leprosy complete by 2005

* Govt will fund disaster rehabilitation

* Budget to aim for 10 per cent growth

* Only on Sify Finance: Expert panel demystifies Budget @ 1 pm IST

* 96% of  Golden Quadrilateral work completed by 2006

* Foodgrain output at 209.3 million tonnes

* Savings up at 21.9% of GDP

* Rs 18,696 crore allocation to Bharat Nirman project

* Polio eradication to be complete by Dec 2007

* Rs 11,400 crore to be spent on rural employment

* Outcome Budget on March 17

Budget News
Now that Budget is over, what is cheaper and what is costlier?
•  Unwarranted tax to be returned
•  Participatory notes here to stay
•  Budget ritual revisited
•  Provide ample liquidity, RBI told
Sector Impact
Select AIDS, cancer drugs to become cheaper.
•  Budget `disappoints' telecom industry
•  ‘ST cannot be imposed on Telecom services’
•  Commodity bourses welcome Budget
Tax & You
'Big bang budget cannot be done every year.'
•  GST may be set at 14-16%
•  `Excise duty cut to boost growth'
•  Insurance premiums may go up
Budget Analysis
Budget Analysis: Find out who wins and who loses from the post-Budget analysis here.
•  Budget and your investments
•  Car price cut: No big deal for consumers
•  Manufacturing sector gets a leg-up: CII
What do they say
CEO speak: Find out what captains of industry had to say about budget.
•  Taxation philosophy confusing: Sinha
•  Price cuts to step up growth, says Khattar
•  Highlights of Budget 2006
Languages
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•  Union Budget 2005
Related Links
•  Railway Budget 2006
•  Economic Survey 2006
•  Run-up to Budget 2006
 
  Budget Chats
 
No tax on ATM withdrawals, avers personal finance expert
Skip sensex and focus on companies, says Gautam Chikermane
  Interactives
 
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•  Poll: Rate Union Budget 2006
•  Discuss: Is it fair to tax ATM services?
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