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Budget updates - one and all

Budget - Dated:- 29-2-2016 - Pollution cess of 1 per cent on small petrol, LPG and CNG cars; 2.5 per cent on diesel cars of certain specifications; 4 per cent on higher capacity vehicles Plan and non-Plan classification of Budget will be done away wi .....

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ng retrospective tax legislation Clean energy cess increased from ₹ 200/ton to 400/ton on coal, lignite and peat. A fund of ₹ 900 crore started for stabilising market crisis of pulses. Long term capital gains period for unlisted companies .....

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t home buyers to get additional deduction of ₹ 50,000 on interest for loan upto ₹ 35 lakh. Cost of house should not be more than ₹ 50 lakh. ₹ 900 cr provided to buffer fund created to moderate prices of pulses Service tax on s .....

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get session. In 2016-17, govt eyes ₹ 1,80,000 crore credit target through Mudra bank. Govt to increase ATMs, micro-ATMs in post offices in next three years. Accelerated depreciation to be limited to 40 pc wef from Apr 1, 2017 as part of phasing .....

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00. To lessen burden on individuals with income not exceeding 5 lakh, propose sealing of tax rebate under sec 87A from 2000 to ₹ 5000. Govt to allow 100 per cent FDI through FIPB in marketing of food products produced and manufactured in India. .....

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n of Disputes Bill to be passed to solve problems in infrastructure contracts, PPP and public utilities. Govt preparing a comprehensive plan for nuclear power generation and allocation could be up to ₹ 3,000 crore per annum. Govt considering to .....

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m goal in public transport. Proposed to allocated ₹ 55,000 crore for roads and highways; total investment in road sector would be ₹ 97,000 crore. Total outlay for infrastructure at ₹ 2.21 lakh crore for 2016-17. ₹ 97,000 cr al .....

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ntracts awarded in current fiscal. Govt to pay 8.33 percent towards employee pension fund. 62 new Navodaya vidyalayas to be opened in next two years. Govt to provide ₹ 500 crore for Stand Up India scheme. A new health protection scheme to provi .....

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