Union Budget 2017-18: PERSONAL INCOME-TAX
1. Existing rate of
taxation for individual assesses between income of 2.5 lakhs to 5 lakhs reduced
to 5% from the present rate of 10%
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Monday, 6 February 2017
Union Budget 2017-18: TRANSPARENCY IN ELECTORAL FUNDING
Union Budget 2017-18: TRANSPARENCY IN ELECTORAL FUNDING
1. Need to cleanse the
system of political funding in India
2. Maximum amount of cash donation, a political party can receive, will be 2000/- from one person.
2. Maximum amount of cash donation, a political party can receive, will be 2000/- from one person.
Union Budget 2017-18: DIGITAL ECONOMY
1. 125 lakh people have
adopted the BHIM app so far. The Government will launch two new schemes to
promote the usage of BHIM; these are, Referral Bonus Scheme for individuals and
a Cashback Scheme for Merchants
Union Budget 2017-18: FINANCIAL SECTOR
Union Budget 2017-18: FINANCIAL SECTOR
1. Foreign Investment
Promotion Board to be abolished in 2017-18 and further liberalisation of FDI
policy is under consideration
Union Budget 2017-18: INFRASTRUCTURE
Union Budget 2017-18: INFRASTRUCTURE
1. For transportation
sector as a whole, including rail, roads, shipping, provision of ` 2,41,387
crores has been made in 2017-18. 2. For 2017-18, the total capital and development expenditure of Railways has been pegged at ` 1,31,000 crores. This includes ` 55,000 crores provided by the Government
Union Budget 2017-18: THE POOR AND THE UNDERPRIVILEGED
Union Budget 2017-18: THE POOR AND THE UNDERPRIVILEGED
1. Under Maternity
Benefit Scheme ` 6,000 each will be transferred directly to the bank accounts
of pregnant women who undergo institutional delivery and vaccinate their
children
Union Budget 2017-18: YOUTH
Union Budget 2017-18: YOUTH
1. To introduce a system
of measuring annual learning outcomes in our Schools.
2. SWAYAM platform, leveraging IT, to be launched with at least 350 online courses. This would enable students to virtually attend courses taught by the best faculty
2. SWAYAM platform, leveraging IT, to be launched with at least 350 online courses. This would enable students to virtually attend courses taught by the best faculty
Union Budget 2017-18: RURAL AREAS
1. Against target of 5
lakh farm ponds under MGNREGA, 10 lakh farm ponds would be completed by March
2017. During 2017-18, another 5 lakh farm ponds will be taken up
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