Indiabulls Securities – Live India Budget 2010-11 Coverage with Wishlist, News, Views, Analysis, Budget expectations from Industry, Impact of Budget on sectors, Industry, Company.

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Indiabulls Budget Coverage

Indiabulls Budget Coverage provides investors with a comprehensive insight of Budget 2010-11. The coverage is intended to keep you updated about the budget. Find all the information on present and previous budgets mentioned below:

Union Budget 2010-11 : Highlights | Analysis | Speech | Budget at a Glance

Economic Survey 2009 -10 : General Review| Analysis

Rail Budget 2010-11 : Highlights | Analysis | Speech

Budget 2010-11 : In The News

	Disinvestment strategy may fetch Rs. 2,80,000 mn
	Tyre Industry expects Tyre prices to increase after Budget
	Scope of possible fiscal roll backs in budget
	Defence Ministry expects 15-20% rise in budget allocation
	Rollback of MAT for units operating in STPs & EOUs
	DLF chairman urged Finance Minister to focus on growth in Budget
	Taxman wants lower corporation tax
	Govt won't present a major tax reform in Feb
	Rangarajan makes strong case for stimulus withdrawal
	Auto sector fear budget may accelerate prices
	Allow export sops till full recovery
	Agri Dept to take farmers' suggestions before budget
	Mkts likely to fall before Budget
	GST to be levied at 16%, but reforms expected later in FY10-11
	Corporate tax reduction unlikely in budget 2010-11
	Exporters seek sops in Budget 2010
	Montek pitches for withdrawal of stimulus in budget
	Government asks companies to pay advance tax
	Air India may get Rs 1200 cr in Budget
	Base year change to help FM keep deficit at 6.5%
	Stimulus rollback in Budget
	BSE pitches its new F&O contract for Budget play
	I&B likely to get 25% more in Plan outlay
	Expect GBS hike of 14.77% this yr
	Government is considering an increase in excise duty in Budget 2010-11
	Govt may hike natural gas prices by 30%
	Government to try to introduce pension bill in budget
	Simplification of Direct Tax code
	Govt. may withdraw the stimulus from the textile sector
	Demand for 18% hike in budgetary support

Budget 2010-11 : Wishlist

	Gems, jewellery seek zero duty gold imports
	Textile industry sought for Slash excise duty on MMF and hike fun...
	Power equipment companies have asked for anti-dumping duty
	Ferro alloy producers seek 10% Customs duty
	Oil & Gas sector demands widen tax incentives
	MFs expect tax sops to continue in Union budget
	Automakers want stimulus package to continue
	NASSCOM seeks extension of tax benefits to IT sector
	Additional tax benefits to private health care: FICCI & CII
	Food Processing sector asks for extending cost subsidies to all c...
	Real estate Associates sought for tax holidays
	Hotel industry demands infrastructure status
	Steel industry wants 20% duty on iron ore to curb exports
	Sugar sector wants partial decontrolling of suger prices
	FMCG sector expects from government to continue the excise duty c...
	Drop 5% Customs Duty on STB in 2010-11 Budget Proposals
	Tourism Ministry demands infrastructure status for hotels
	Appeal to raise tax threshold limit upto 2 Lac
	Cement industry seeks removal of import duty on coal, pet coke an...
	ONGC seeks restoration of tax holiday on gas
	Garment exporters seek duty sops
	India Inc wants FM to continue stimulus, reduce taxes
	Fertiliser industry seeks sops from government

Pre-Budget Views 2010-11

	No service tax should be charged to property buyers
	GOI should withdraw the application of 15 % MAT on the book profits of the renewable energy projects
	Lowering custom duty on medicines to half helped pharma sector to post 15% growth last fiscal
	Cement should have uniform excise duty at ad-valorem rate of 8%
	Government should establish University Entrepreneur Fund
	Allow FDI in commodity broking business
	Fiscal deficit-to-GDP ratio to decline in FY11 with buoyant revenues from stronger growth
	Reduce excise duty on pens, markers and other writing instruments
	Tax rebates to STPI units under section 10A should be extended by one more year
	Provide tax holiday for developers on affordable housing projects
	Expects a partial roll-back of fiscal stimulus measures
	Provide tax breaks or rebates for companies that build certified green buildings
	Coir products deserve Eco-Mark labeling
	Maintain a delicate balance between withdrawal of stimulus, sustaining growth and fiscal realities
	Government must encourage and assist the private sector to set up and manage skill development
	General insurers should be placed on par with other industries on applicability of capital gains tax
	Works contract tax of 2% should be abolished
	MAT should be abolished for STPs and EOUs units
	Hike weight deduction on R & D from 150% to 300% levels
	Government should focus on the real estate sector and housing in particular
	Provide sops for banks to fund them for financial inclusion
	Fiscal prudence is expected to be the primary agenda of Budget 2010-11
	Animation industry be granted tax holiday for 10 years from customs duty, sales tax and income tax
	Divestment of PSUs would be important source of revenue for the government to control its borrowing
	Focus on fiscal consolidation in the short to medium term
	VAT rate on cement be brought down from 12.5% to 4%
	Budget should support media and entertainment industry
	Budget should re-look at perquisite taxation on ESOPs
	Real Estate should be made part of Infrastructure industry
	Increase funds for women friendly schemes, and programs under MWCD
	Budget would offer roadmap for fiscal consolidation with cut in fiscal deficit
	Align charges in investments in ULIP to that of mutual funds
	Budget should pave the way for investment-led growth and stimulate demand through fiscal measures
	Government must clarify foreign investors how it will manage burgeoning fiscal deficit
	Institute separate limit of tax exemption for long-term saving instruments
	Budget should give concrete message to Foreign investors
	Tax reforms needed in areas like for movement of goods & double taxation
	Logistics industry wants industry status and greater investmetn in infrastructure
	Provide tax incentives to entrepreneurs to create a military-industrial complex to guard India's security needs
	Expect a drop in excise duty in foam from 8% to 4%
	Provide 100% Tax deduction on interest paid on the houses
	Large SME-dedicated banks needs to be established to facilitate credit supplies at reasonable rate
	Government should eliminate VAT for the telecom retail sector
	Need to enhance focus on power transmission and agricultural infrastructure
	Extend 80 (Z) (B) for real estate Developers
	Government should step toward fiscal consolidation
	SEZ policy should be revised to encourage smaller size SEZ
	Infrastructure status to be accorded to integrated township projects
	Provide 'Zero' duty on import of certain machinery items related to Tea Industry
	Extend the STPI scheme for around 5 years
	Service tax payable on Ulips should be changed to bring parity with products of mutual funds
	Extension of STPI benefits to IT & ITeS must for growth in commercial real estate sector
	Rationalize and simplify tax structure for the food and beverage industry
	Correct the anomaly on abatement in few IT products categories like printers
	Time to re-look at the entire subsidy regime
	Combating Food Inflation: Solution is addressing the supply side problems
	Increase budgetary allocation to strengthen the education sector
	Extend sops for semiconductor industry by 5 years
	Set up a separate regulatory authority for the logistics sector on the lines of IRDA, TRAI etc
	Expand rail network and upgrade dedicated freight lines to avoid traffic congestion
	Accumulated Cenvat credit of textile units may be refunded as a one time measure
	GM Food Leveling should be made compulsory in case of all imported edible oils
	Expedite the reform process
	Extend tax benefits for affordable housing projects
	Extend income tax holiday under Section 10 (A)
	Ease norms for setting up of units in SEZs for the small and medium Indian IT companies
	Segregate the technology segment into IT services and IT software products to encourage IT product
	Government needs work out a transport policy allowing free movement of vehicles between states
	Continue of tax holiday for the units in Software Technology Parks (STP) beyond 2010
	Tax rate for general insurers are expected to come down
	Import tariffs are expected to come down” says Govind Shrikhande, President & CEO, Shopper's Stop
	Extend Tax benefits beyond 2011 under STPI scheme for IT companies
	Stimulus for exports should be extended for one and half year
	Provide Tax holiday and service tax exemption for companies servicing rural areas in education
	Limit excise exemption for genuine pharma manufactures in EFZ for their own marketing
	Greater incentives for exports to remain competitive
	Needed better clarity on the tax benefits for SEZ under proposed Tax Code
	Budget would give a great fillip to the growth momentum of India
	Extend tax holiday from 5 to 15 years to promote healthcare infrastructure
	Profits from E-Governance project should be 100% tax-free for initial 10 years
	Government needs to improve infrastructure funding
	NBFCs should also be exempted from TDS on interest payment
	Broaden the definition of infrastructure to include urban services and townships
	Relax norms for to avail government grants, cut taxes on venture capital
	Government can reduce gross borrowing figure through curtailing various subsidies
	Remove customs duty on soda ash - Mukul Somany, Joint MD of HNGL
	Setup a single window clearance for real estate development projects”
	Provide special subsidies to companies who create intellectual property (IP) in India
	Tax holiday for hotels, under section 80ID, should be extended to 10 years
	Pass insurance (amendment) bill to allow more FDI in insurance sector
	Power sector should be offered combination of incentives and direct benefits
	Retain 8% excise duty for Commercial Vehicles R. Seshasayee, Managing Director, Ashok Leyland
	Suspension on Sugar Futures trading be lifted
	Proper timelines for implementation of GST need to be freeze
	Reduce tax on import of innovative, eco friendly construction materials
	Increase period for carry forward of losses for insurance sector to 12 years
	Grant infrastructure status to Tourism industry
	Ultimate cost to the patient should come down
	Cut income tax rates
	Proper timelines for implementation of GST need to be freeze
	Allow retail players to raise debt in foreign currency
	Investment in agriculture sector to ramp up
	FDI limit for Insurance should be increased from 26% to 49%
	Need to cut down excise, custom and services duties on all inputs
	Hopes Government would continue stimulus for some more time
	Infrastructure status to integrated townships
	Introduction of income tax code would affect senior citizens
	Government spending on IT or e-governance project set to increase
	Provide some tax relief on imports of equipment
	Government will extend helping hand for Textile Industry
	Government should implement GST regime at the earliest
	Excise duty on Paper & Paper board can increase
	Reduce Custom duty on Steel & Cements
	Provide tax incentive and rationalize stamp duty registration charges
	Tax Holiday for affordable housing unit below the size
	Reduce import duties and offer tax sops for installing
	Permit ECBs to fund real estate projects Pradeep Jain, CMD
	Start the process back to fiscal consolidation
	Classify ATF into declared goods category
	Ban country liquor nationwide Asif Adil, CEO of John Distilleries
	Expectations of Himanshu Shah, Religare Capital Markets
	We welcome a 2-3% of excise duty increase from the Government

Pre-Budget Reports 2010-11

	Two & Three Wheeler: Retain excise duty at 8%
	Refineries: Include Crude Oil, Natural Gas and petroleum products under GST
	Healthcare: Grant Infrastructure status
	Edible Oils: Declare Oil palm as a plantation crop
	Oil drilling and Allied Services: Extend tax holiday benefits to 10 years from 7 years
	Cement Products: Maintain status quo on excise duty and service tax
	Railway: Expects clear PPP roadmap from Railway Budget 2010-11
	Non-ferrous Metals: Remove customs duty and 4% SAD on scrap of copper, zinc and lead
	Personal Taxation: Increase the threshold exemption limit
	Life Insurance: Increase incentives for long term saving instruments, hike FDI limit
	Steel: Hike export duty on iron ore
	Pharmaceuticals: Cut excise duty on bulk drugs to 4%
	Computer - Software: Extend tax exemption for STPs beyond March 2011
	Commercial Vehicle: Merge multiple levies into single excise duty
	Corporate Taxation: Reduce corporate tax rate to 25%
	Small & Medium Enterprises: Facilitate technology upgradation, ensure finance availability
	Power: Extend eligibility timeline for benefits u/s 80 IA beyond March 31, 2011
	Retail: Accord Industry status and allow FDI in retail sector
	Transport - Air: Bestow 'Declared goods' status for ATF
	Computer - Education: Provide tax breaks for education infrastructure companies
	Entertainment - Cut customs duty on Set top boxes
	Glass Container: Remove customs duty on soda ash
	Plastic Products: Remove disparity of import duty from ASEAN Countries
	Travel & Tourism: Bestow Export industry status
	FMCG: Give impetus to rural income generation, retain service tax at current levels
	Sugar: Unveil policies to promote ethanol as green fuel
	Retail: Accord Industry status and allow FDI in retail sector
	Textiles: Slash excise duty on MMF and hike fund allocation under TUFS scheme
	Telecom Services: Usher in Uniform License fee
	Paper: Retain customs duty on papers at 10%, but remove customs duty on coal
	Hotels: Grant infrastructure status
	Shipping: Treat Book profit on sale of vessels as core shipping income for I.T. purposes
	Earthmoving & Construction Equipment: Retain 7.5% import duty on shovels, excavators
	Ferro Alloys: Hike customs duty on ferro alloys to 10% except for ferro nickel
	Computer Hardware: Remove SAD and increase abatement on excise duty
	Fertilizers: Cut customs duty on inputs and fertilizer project imports
	Tyres: Cut Customs duty of raw materials
	Cement: Give abatement on excise duty and eliminate customs duty on inputs

Macro Economic Indicators

Budget Preview

Market Vis-à-Vis Budget 2010

Budget Expectation of Commodity Markets

Macro Economic Indicators

Budget Preview

Market Vis-à-Vis Budget 2009

Union Budget 2009-10 : Highlights | Analysis | Speech | Budget at a Glance

Budget Analysis Commodities

Rail Budget 2009-10 : Highlights | Analysis | Speech

Economic Survey 2008 -09 : General Review | Analysis