Budget 2009-2010

Billed as the most important day which will decide how the rest of the year will shape up for you and your family, Budget 2009-2010 is here to say hello to your wallet, and her kitchen. Engagevoter.com dissects the budget’s very core to give you a sharper picture. Come, join us and be the first to know your finances.

Readers’ Ask

Q. How can the government protect people from losing jobs?
Q. Is the complete removal of fringe benefit tax feasible in this budget?

Engage India Answers

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Dream Budget 2009-07-02

A. Indian Rlys is facing an annual Rs.17,000 crore loss. Will the deficit increase to....
B. Will Mamata increase sleeper class fare? Can you guess how much?
C. Will railway minister decrease AC class fare? By what percent?

The Purse View

From aam aadmi to khaas aadmi

Finance Minister Pranab Mukherjee has pleased the "aam aadmi" (common man) but made the "khaas aadmi" (the elite) unhappy in his 2009-10 budget proposals. Constrained by the global recession and domestic economic strains, he has provided a much awaited further stimulus to the economy by raising ...

Posted On July 7th, 2009

Your tax, your savings

Now you have been given Rs 10,000 tax relief, we try to understand how it's going to ease tax woes for you. The young and middle-aged will save Rs 1,030 per annum in taxes and cesses. Senior citizens would save Rs 1,545 per annum. If you earn more than Rs 10 lakh a year, you now get a bonus of 3 ...

Posted On July 6th, 2009

Echoes of a budget 40 years ago - that almost died at birth

The budget expectedly would reaffirm the Congress-led government's "inclusive growth" agenda. When it does, it will be an echo from a 40-year-old budget brewed in the Congress party's internal power struggle of 1969 - that almost failed to get passed, says S. Narendra. Monday's budget, while ...

Posted On July 6th, 2009