Government takes multiple measures to promote affordable housing
Tax increase is lowest over the past six years but inclusion of sin tax in GST regime a key overhang
FM adds, India is building a ecosytem to make the country a global hub for electronics manufacturing
Income tax rate slashed & filing made simpler
Jaitley proposed bringing down fiscal deficit to 3.2% of GDP in 2017-18 from 3.5% in 2016-17
The BSE Midcap and BSE Smallcap indices mirrored the gains in frontline indices
Govt to screen data of deposits above Rs 2 lakh after November 8
Thus far there have been two tranches of ETFs from the government
Income tax rate cut to 5% for individuals having income between Rs 2.5 lakh-Rs 5 lakh
NITI Aayog to monitor outcome of expenditure on these groups
National Testing Agency to conduct entrance examinations from now
The government has allocated Rs 4,843 crore for electrification in FY18
Revenue deficit will be reduced to 2.1% for 2017-18 from 2.3% in the ongoing financial year, he said
Government also promises to fast track science education
Jaitley exempted components from taxes to encourage domestic manufacturing of these devices
Move will enhance labour productivity, says the govt
The allocation of MGNREGA has also been raised to Rs 48,000 crore
PMGSY has received an allocation of Rs 19,000 crore
Affordable housing to be given infra status; LTCG tax on immovable property to be levied after 2 yrs
Further, a mission will be set up with a target of over 2,500 crore digital transactions for 2017-18