Highlights of the Union Budget 2009-10

Highlights of the Union Budget 2009-10 are No change in Customs Duty and Central Excise Duty on Polymers and Articles thereof Fiscal stimulus of Rs. 1,86,000 crores provided Market development assistance scheme for exporters increased by 148% to Rs. 124 crore First Unique Identification Card to citizens to roll out in 12 - 18 months. Provision of Rs. 120 crore for the project Goods and Services Tax to be introduced from April 1, 2010 No change in corporate tax 10% surcharge on personal income tax scrapped Fringe Benefit Tax abolished. Minimum Alernate Tax on book profits increased to 15% from 10% Commodities Transaction Tax abolished
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