Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌



Tuesday, March 05, 2013

Union Budget: 2013-14: Highlights
FM: 6% duty hike on all mobile phones above Rs 2000

FM: Two new ports in West Bengal and one in AP

FM: FY14 total subsidy seen at Rs 2.41 lakh crore

FM: Revenue from Spectrum allocation in FY14 pegged at Rs 40847 crore

FM: Pegs FY14 Gross Tax Revenue at Rs 12.36 lakh crore

FM: FY14 Food Subsidy seen at Rs 90000 crore

FM: FY14 Fertiliser Subsidy seen at Rs 66000 crore

FM: FY14 Petroleum subsidy seen at Rs 65000 cr from Rs 96000 cr a year ago

FM: FY14 Gross Market Borrowing at Rs 6.29 lakh crore

FM: FY14 Total subsidy seen at Rs 2.31 lakh crore

Budget 2013-14: DTC proposals to raise Rs 13300 cr, indirect tax to fetch Rs 4700 cr

Budget 2013-14: Increased allocation in defence to Rs 2.03 lakh crore in FY 14

Budget 2013-14: No duty on import of ships, vessels

FM: To reduce abatement rates on luxury apartments

FM: To present draft bill on GST in the next few months

FM: Luxury imported items to be cost more

Budget 2013-14: Service tax to be levied on all air conditioned restaurants

Budget 2013-14: Excise duty raised by 18% for cigarettes

Budget 2013-14: To levy 2% customs, CVD on coal imports

FM: Investor with stake of 10% or less will be treated as FII;

any stake more than 10% will be treated as FDI

Budget 2013-14: Extend tax benefit to electrical vehicles

Budget 2013-14: No change in peak basic customs duty

Budget 2013-14: Direct Tax Code remains work in progress

Budget 2013-14: Sops for low-cost housing to continue

Budget 2013-14: To include 2 services in negative list of service tax

Budget 2013-14: 4% excise duty on silver for manufacturing zinc or lead

Budget 2013-14: SED on cigarettes hiked by 18%

Budget 2013-14: Excise duty to be hiked from 27% to 30% on SUVs;

those registered as Taxis to escape hike

Budget 2013-14: 20% final withholding tax on unlisted companies' share buyback

Budget 2013-14: Customs duty on imported cars hiked from 75% to 100%

Budget 2013-14: To introduce DTC Bill in Budget session of Parliament

Budget 2013-14: Import duty on set-top boxes raised from 5% to 10%

Budget 2013-14: No change in standard rate of Excise duty

Budget 2013-14: Excise duty on leather goods to be reduced from 7.5% to 5%

Budget 2013-14: Modified provisions under GAAR effective 1 April 2016

Budget 2013-14: Agri commodity futures exempt from CTT

Budget 2013-14: Proposes to reduce STT on equity futures to 0.01% from 0.017%

Budget 2013-14: Tax holiday for power plants extended to FY14

Budget 2013-14: TDS at 1% on the transfer of immoveable properties worth over Rs 50 lakh

Budget 2013-14: Extends Section 80IA by one year

Budget 2013-14: Indian co not to pay DDT for income coming from foreign subsidiary

Budget 2013-14: Dividend distribution tax surcharge raised from 5% to 10%

Budget 2013-14: Will continue with Educational cess at 3%

Budget 2013-14: Tax surcharge raised from 5% to 10% on companies with annual income of more than Rs 10 cr

Budget 2013-14: Tax surcharge of 10% on those earning above Rs 1 crore a year

Budget 2013-14: Leaves tax slabs and rates untouched

Budget 2013-14: Tax credit of Rs 2000 to every tax payer in the Rs 2-5 lakh bracket

FM: Fiscal deficit contained at 5.2% in FY13, pegged at 4.8% in FY14

FM: Fiscal deficit for FY14 estimated at 4.8%

FM: Fiscal deficit in FY13 contained at 5.2%

FM: Defence outlay at Rs 2 lakh crore

FM: Cities having population of more than one lakh to have one private FM radio

FM: Pension funds will be allowed to invest in ETFs

FM: Sebi will simplify procedures for entry of foreign portfolio investors to invest in India

Budget 2013-14: To streamline FII registration via designated brokers

Budget 2013-14: All PSU banks branches to have ATMs by March 2014

FM: Crop loans from private banks will be subsidised too

Budget 2013-14: Rajiv Gandhi Equity Scheme limit hiked

Budget 2013-14: Textile Upgradation Fund seen at Rs 1.51 lakh crore in the 12th Plan

FM proposes zero customs duty for electrical plants and machinery

FM: Home loan exemption limit raised

FM: Insurance, pension companies can directly trade in debt market

FM: FIIs allowed to participate in currency derivatives segment

FM: Mutual fund distributors allowed to become members of stock exchanges

FM: Sebi Act to be amended to strengthen the market regulator

FM: Banks to be permitted to act as insurance brokers

FM: To encourage PPP projects along with Coal India

FM: All-women's bank to be set up via PSU route

Budget 2013-14: To provide Rs 14000 cr for PSU banks recap

Budget 2013-14: Capital infusion of Rs 12517 cr to PSU banks by March 2013

Budget 2013-14: To purchase 10000 buses under JNNURM

FM: Foodgrain production in 2012-13 will be over 250 million tonne

Budget 2013-14: Shale Gas projects to be encouraged

Budget 2013-14: Natural Gas pricing policy to be reviewed

Budget 2013-14: Income limit for RGESS raised to Rs 12 lakh from Rs 10 lakh

FM: To approve Rs 50000 crore for tax-free bonds in FY14

FM: cabinet authority set up to review stalled projects, guide new projects

FM: Manufacturing sector needs revival

Budget 2013-14: FY 14 farm credit target at Rs7 lakh crore

12th plan infrastructure outlay at Rs 55 lakh cr

Farmer who repays loan on time will be given financial assistance at 4%

FM: 250 million tonnes food grain produced; MSP increased significantly

FM: Food Security Bill introduced with an allocation of Rs 10000 crore

FM: Allocate Rs 15260 cr towards clean drinking water & sanitation

FM: 17% hike in allocation to education

FM: FY14 Planned expenditure to be 29.4% more than FY13

FM: Propose to allocate Rs 65867 crore to HRD ministry

FM: To allocate Rs 13215 crore for mid day meal scheme


Widows, single women, vulnerable women allocated additional sum of Rs 200 cr to begin work

FY14 plan expenditure pegged at Rs 5.5 lakh crore

FY14 plan expenditure to be 30% more than in FY13

Will take possible steps to augment supply side, meet demand for food items

Efforts in the past few months have got down WPI to 7% and CPI to 4.3%

FM: FII, FDI or ECB to finance CAD, is the only way forward

FM: Total Budget Estimate For FY 2014 At Rs 16.55 lakh core

FM: I have no choice but to rationalise expenditure

FM: Current account deficit remains high due to high oil, coal and gold imports

FM: Government believes in inclusive growth leading to human development

FM: My greater worry is Current Account Defecit

There is no reason for gloom or pessimism: FM

India can retain it's high growth path: FM

FM: Global GDP has slowed India's exports

FM says his budget will be simple, straight forward and short

Average of growth during UPA tenure over 8%

FM: We are not unaffected by what happens in the global economy

FM: China and Indonesia only large economies growing faster than India

Eco growth below India's potential growth rate of 8%


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