https://www.taxtmi.com/news?id=1097 Budget 2010-11 projects a phased reduction in the fiscal deficit, sets net market borrowing to preserve private sector credit, and commits a public debt curtailment roadmap. It combines increased allocations to infrastructure, power, rural and social sectors with banking capital support and a disinvestment programme. Tax policy adjustments include revised personal income slabs, reduced corporate surcharge, increased MAT, enhanced R&D deductions, higher turnover thresholds for presumptive taxation and audits, service tax changes, and targeted customs and excise concessions to incentivise investment and clean energy. en-us Fri, 26 Feb 2010 18:49:18 +0530 Fri, 26 Feb 2010 18:49:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1097 Budget 2010-11 projects a phased reduction in the fiscal deficit, sets net market borrowing to preserve private sector credit, and commits a public debt curtailment roadmap. It combines increased allocations to infrastructure, power, rural and social sectors with banking capital support and a disinvestment programme. Tax policy adjustments include revised personal income slabs, reduced corporate surcharge, increased MAT, enhanced R&D deductions, higher turnover thresholds for presumptive taxation and audits, service tax changes, and targeted customs and excise concessions to incentivise investment and clean energy. News - Fri, 26 Feb 2010 18:49:18 +0530 https://www.taxtmi.com/news?id=1097