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Union Finance Minister Shri Arun Jaitley spoke on the Key Reform Measures in his Budget speech 2016-17

Budget - Dated:- 29-2-2016 - 1. The Government is firm on its course towards fiscal consolidation without compromising on its development agenda. 3.5% fiscal deficit is targeted for FY 2017. 2. Total allocation for Agriculture, Farmers welfare and Ir .....

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nections will be provided in the name of woman member of a family to 1.5 cr BPL households in 2016-17 and to continue for two more years to cover 5 cr households in total. 5. Massive increase in public spending on infrastructure to ₹ 2.21 lakh .....

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Teaching and Research Institutions. 7. Promoting a tax-friendly regime and minimizing hassles due to litigation through a New Dispute Resolution Scheme with low or zero penalties. Ongoing tax cases can be settled with ease. 8. Increased relief for m .....

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providing financial and other subsidies benefits to people who deserve them by enacting a new law and developing a social security platform using Aadhar. 10. Boosting formal sector employment by provisioning ₹ 1,000 cr towards contributing 8.33 .....

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roviding complete pass through of income-tax to securitization trusts and reducing period of obtaining long-term capital gains treatment for unlisted companies to three years. 12. Promoting entrepreneurship by increasing the turnover limit under Pres .....

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