Highlights Of Wedlock Budget 2018-19

Highlights of Jaitley's Union Budget 2018-19

Highlights of Union Budget 2018-19

* Arun Jaitley proposed to taxation long-term upper-case alphabetic character gains exceeding Rs 1 lakh at 10 part without indexation.

* Electronic information technology assessment volition hold out rolled out across the country, leading to greater efficiency together with transparency: FM

* Mobile phones set to larn costlier every bit custom duty on them has been increased to xx percent.

* Health together with instruction cess require keep been increased to 4 percent.

* For senior citizens, exemption of involvement income on banking concern deposits raised to Rs 50,000: FM Jaitley

* FM Jaitley proposes to innovate taxation on distributed income past times equity oriented usual funds at 10 percent.

* Standard deduction of Rs 40,000 for salaried employees inwards lieu of carry together with medical expenses: FM Jaitley

* Companies alongside turnover of upward to Rs 250 crore to hold out taxed at 25 percent: FM

* Arun Jaitley says that the regime does non suggest whatsoever changes inwards taxation slabs this year.

* FM proposes a financial deficit of 3.3% of GDP for 2018-19.

* Finance Minister Arun Jaitley proposes revising emoluments every bit per the next structure:

-- Rs 5 lakh for the President of India

-- Rs 4 lakh for the Vice President

-- Rs 3.5 lakh for the Governors

* Jaitley also proposes automatic revision of emoluments of Parliamentarians every v years, indexed to inflation.

* We require keep already exceeded our disinvestment target, announces Arun Jaitley.

Disinvestment target for 2017-18 has been exceeded together with volition make Rs 1 lakh crore. Target for 2018-19 is Rs 80,000 crore.

* 5 lakh WiFi hotspots volition hold out gear upward inwards rural areas to provide like shooting fish in a barrel cyberspace access.

* Government volition require keep all steps to eliminate piece of work of cryptocurrencies which are funding illegitimate transactions.

* Govt announces Amrut programme to focus on H2O supply to all households inwards 500 cities. Water render contracts for 494 projects worth Rs 19,428 core volition hold out awarded: FM

* NITI Aayog volition institute a national programme to straight our efforts inwards the surface area of Artificial Intelligence towards national development: FM

* Airport capacity to hold out hiked to handgrip 1 billion trips every year.

* Arun Jaitley says that 4,000 km of novel railway track volition hold out set downward past times 2019.

* All railways stations alongside footfall to a greater extent than than 25,000 to require keep escalators, says the Finance Minister.

* The regime volition undertake redevelopment of 600 major railway stations across the country.

* Arun Jaitley announces upper-case alphabetic character expenditure of Rs 1,48,528 crore for Indian Railways inwards 2018-19.

* National Heritage City Development Augmentation Scheme has been undertaken to save together with protect heritage cities inwards the country, announces the Finance Minister.

* Government to contribute 12 per cent of EPF contribution for novel employees in all sectors: FM

* Infrastructure is the growth driver of economy: Jaitley

* Target of 3 lakh crore for lending nether PM Mudra Yojana: FM

* MSME enterprises are a major chemical constituent for growth, says Jaitley. He also added that majority formalisation of MSME sector is happening afterwards demonetisation together with GST.

* Govt volition launch wellness scheme to encompass 10 crore misfortunate families, Arun Jaitley says.

* The Government is slow but steadily progressing towards universal wellness coverage: FM

* Government aims to bring lx crore banking concern accounts nether the January Dhan Yojana.

* Eklavya schools to hold out started for Scheduled Tribe populations: Finance Minister

* Rs 600 crore allocated to Tuberculosis patients undergoing treatment.

* Govt volition set up 2 novel Schools of Planning together with Architecture, says Finance Minister Jaitley.

* To tackle brain drain, Jaitley announces scheme to position vivid students pursuing B Tech inwards premiere applied scientific discipline institutes, together with providing them higher-education opportunities inwards the IITs together with IISc. These students volition have handsome fellowships, together with volition hold out expected to dedicate a few hours to instruct inwards higher instruction institutions weekly.

* Specialised railway university to hold out gear upward at Vadodara.

* Jaitley proposed integrated BEd programme for teachers: "training of teachers during service is essential." Technology volition hold out the biggest driver inwards improving the character of education.

* Budget allocates coin for social safety together with protection programme for all widows together with orphaned children.

* We require keep a target to provide all Indians alongside their ain homes past times 2022, says Jaitley.

* Ujjwala scheme to amplify targets, volition straightaway provide 8 crore rural women gratis LPG connections.

* Air pollution inwards Delhi-NCR has been a crusade of concern, govt has proposed subsidised mechanism for in-situ administration of crop residual inwards Punjab, Haryana, Uttar Pradesh together with NCT Delhi.

* Govt of Republic of Republic of India volition require keep necessary measures to set inwards position measures for the province regime to buy surplus solar ability produced past times local farmers at sutiable prices.

* Arun Jaitley proposes a total of Rs 500 crore for 'Operation Green' on the lines of 'Operation Flood'.

* Food processing sector is going at an average of 8 per cent per annum.

* We require keep been maxim it for years that Republic of Republic of India is primarily an agricultural country: Jaitley

* Arun Jaitley on Minimum Support Price of agricultural products: Only increasing the MSP is non enough, the regime volition ready the MSP of agricultural products at 1.5 times the marketplace rate.

* Our emphasis is on generating higher benefits together with productive work for the farmers: Jaitley land addressing the agricultural sector inwards his Budget vocalisation communication 2018.

* Our regime has worked sincerely, together with without weighing the political costs, hoping that benefits are delivered to people at their doorsteps. The Direct Benefit Transfer organization of Republic of Republic of India is a success flush that is reiterated across the world: Jaitley.

* This year's Budget volition especially focus on agriculture, says Jaitley.

* The finance government minister also pointed out that Republic of Republic of India is i of the fastest-growing economies inwards the world.

* Indian economic scheme has performed really good since our regime took over inwards May 2014, says Arun Jaitley.

* Arun Jaitey recalls the measures -- similar GST, FDI, demonetisation, etc. -- taken past times the NDA regime inwards the past times 4 years that require keep impacted the economic scheme of the country.

Credits: TOI

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