Follow the Union Budget 2018-2019 here

  1.  Defence industrial corridors   in both public and private sectors to promote domestic production in the country.
  2. Companies with revenue up to ₹250 crore a proposal to  extend 25% corporate tax rate.
  3. Critical illness deduction for senior citizens. For senior citizens, exemption of interest income on bank deposits raised to ₹50,000
  4.  Farmer producer companies having a turnover of ₹100 crore  is  proposed 100% tax rebate
  5.  Long-term capital gains to be taxed 10% and 15% tax on shares held for up to 1 year.
  6. Individual income tax brackets/rates remains unchanged
  7. People can open gold deposit accounts in a hassle-free manner as Gold monetisation scheme being revamped .
  8. Target of  80000 Cr in disinvestment
  9.  3.3% of GDP is the projected fiscal deficit for 2018-19
  10.  To improve ease of doing business; 372 specific business reform actions and evaluation  under this programme to be based on user feedback
  11. Taking steps to all steps to eliminate the use of Crypto-Currencies and encourage use of Blockchain technology in payment systems
  12. AMRUT program to provide water supply to all household in 500 cities and 19,428 core for 494 water supply contracts.
  13. Redevelopment of 600 railway stations with wifi , security systems and more.
  14. Under NAMAMI Ganga scheme 187 projects has been sanctioned.
  15. Construction of 100 Adarsh Monuments.
  16.  12% govt contribution to EPF in sectors employing large number of people and contribution of 8.33% to EPF for new employees by the govt for three years
  17. Creation of 70 lakhs jobs
  18. Increase the digital intensity in education and move from blackboard to digital board.
  19. ₹56,619 cr  for SC welfare and ₹39,135 cr for ST welfare has been allocated.
  20. World’s largest govt funded program allocated for health wellness centres with 1200 c , allocated for health wellness /centres.₹ 5 lakh per family per year for 10 cr poor families
  21. FM wants every poor person should have a home by 2022.
  22. Every block with more than 50% ST population ,at least 20,000 tribal people will have ‘Ekalavya’ school at par with Navodaya Vidayalas by 2022.

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