Ambitious rural package in this Budget
Brings in free gas connections to three crore new households,
Free electricity connections to four crore homes,
Two crore new toilets under the Swachh Bharat Mission
National Health Protection Scheme, provide a •5 lakh health cover to 10 crore households, is
a much – needed social security intervention to benefit poor households
Corporate tax rate from 30 to 25% has also been ignored, with the cut limited to mid-size
companies (up to •250-crore turnover).
U.S. recently slashed its corporate tax rate to 21% and European nations average 20%
Senior citizens have benefited, particularly from the tax relief
Fiscal deficit target for 2017-18 had been set at 3.2% of GDP for 2017-18 and 3.0% for 2018-19.
Revenue receipts in 2017-18 have grown faster than anticipated- (15% compared to 13%).
Civil Aviation gets wings
Centre does not consider cryptocurrencies a legal tender and will take all steps to eliminate their use
TV prices to rise; industry hails increase in duty
Air Pollution in Delhi NCR is a cause for concern, special scheme will be implemented to
support Govts of Haryana, Punjab, UP and Delhi NCT to address it and subsidize
machinery for management of crop residue
Govt. to initiate integration of B.Ed programme for teachers; Centre to start Eklavya schools
for ST population
MSP of crops shall be increased to 1.5 times that of the production cost