Yak Matrimony Budget 2018 Highlights - Pdf Download
Download PDF Version of Union Budget 2018 Highlights from HERE
Key Focus Areas of Union Budget 2018 :
- Agriculture and Health Sectors dominated the Budget speech. Employment and Education are also the principal focussed areas.
- Farmers : MSP raised, Heavy investment inwards Agricultural Markets.
- Health Care Providers : National Health Protection Scheme.
- Transport Companies : Record infrastructure spending on roads as well as railways.
- Consumer Companies : Boosted spending on India's vast hinterland.
- Airports : Regional Airport construction.
- Jewelers : Boosting rural as well as farm incomes.
- Mobile Phones : Custom duty hike.
- Salaried Class :10% LTCG revenue enhancement on gains inwards a higher house 1 Lakh as well as No alter inwards income revenue enhancement rates.
- Bond Investors : Republic of Republic of India missed its financial deficit target of 3.2 percent, proverb its targeting a 3.5 portion target for financial 2019.
- Defence Sector : There was no indication of a huge boost to defense forcefulness spending.
- Consumers : Increased existing health as well as pedagogy levy to 4 portion from iii percent.
Important Highlights of Union Budget 2018
- 5 lakh WiFi hotspots volition live gear upwards inwards rural areas to provide like shooting fish in a barrel cyberspace access.
- Air pollution inwards Delhi-NCR has been a campaign of concern, govt has proposed subsidised mechanism for in-situ administration of crop residual inwards Punjab, Haryana, Uttar Pradesh as well as NCT Delhi.
- Airport capacity to live hiked to grip 1 billion trips every year.
- All railways stations amongst footfall to a greater extent than than 25,000 to stimulate got escalators, says the Finance Minister.
- Arun Jaitey recalls the measures -- similar GST, FDI, demonetisation, etc. -- taken past times the NDA regime inwards the past times 4 years that stimulate got impacted the economic scheme of the country.
- Arun Jaitley announces upper-case missive of the alphabet expenditure of Rs 1,48,528 crore for Indian Railways inwards 2018-19.
- 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.
- Arun Jaitley proposed to revenue enhancement long term upper-case missive of the alphabet gains exceeding Rs 1 lakh at 10 per cent without indexation.
- Arun Jaitley proposes a total of Rs 500 crore for 'Operation Green' on the lines of 'Operation Flood'.
- Arun Jaitley says that 4,000 km of novel railway rails volition live set downwardly past times 2019.
- Arun Jaitley says that the regime does non suggest whatever changes inwards revenue enhancement slabs for the salaried shape this year.
- Budget allocates coin for social safety as well as protection programme for all widows as well as orphaned children.
- 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
- Companies amongst turnover of upwards to Rs 250 crore to live taxed at 25 per cent: FM
- Disinvestment target for 2017-18 has been exceeded as well as volition attain Rs 1 lakh crore. Target for 2018-19 is Rs 80,000 crore.
- Eklavya schools to live started for Scheduled Tribe populations: Finance Minister
- Electronic information technology assessment volition live rolled out across the country, leading to greater efficiency as well as transparency: FM
- FM Jaitley proposes to innovate revenue enhancement on distributed income past times equity oriented mutual funds at 10 per cent.
- FM proposes a financial deficit of 3.3% of gross domestic product for 2018-19.
- Food processing sector is going at an average of 8 per cent per annum.
- For senior citizens, exemption of involvement income on depository financial establishment deposits raised to Rs 50,000: FM Jaitley
- Government aims to convey sixty crore depository financial establishment accounts nether the January Dhan Yojana.
- Government to contribute 12 per cent of EPF contribution for novel employees inwards all sectors: FM
- Government volition stimulate got all steps to eliminate role of cryptocurrencies which are funding illegitimate transactions.
- Govt announces Amrut programme to focus on H2O furnish to all households inwards 500 cities. Water furnish contracts for 494 projects worth Rs 19,428 pith volition live awarded: FM
- Govt makes PAN mandatory for whatever entity entering into a financial transaction of Rs 2.5 lakh or more.
- Govt of Republic of Republic of India volition stimulate got necessary measures to set inwards house measures for the province regime to buy surplus solar ability produced past times local farmers at sutiable prices.
- Govt volition launch health scheme to comprehend 10 crore hapless families, Arun Jaitley says.
- Govt volition gear upwards 2 novel Schools of Planning as well as Architecture, says Finance Minister Jaitley.
- Govt's health scheme to comprehend 10 crore hapless families is world's largest government-funded health protection scheme.
- Health as well as pedagogy cess has been increased to 4 per cent.
- Indian economic scheme has performed really good since our regime took over inwards May 2014, says Arun Jaitley.
- Infrastructure is the growth driver of economy: Jaitley
- Jaitley also proposes automatic revision of emoluments of Parliamentarians every 5 years, indexed to inflation.
- Jaitley proposed integrated BEd programme for teachers: "training of teachers during service is essential." Technology volition live the biggest driver inwards improving the character of education.
- Mobile phones set to popular off costlier every bit custom duty on them has been increased to twenty per cent.
- MSME enterprises are a major chemical component for growth, says Jaitley. He also added that volume formalisation of MSME sector is happening later demonetisation as well as GST.
- Mumbai carry receives Rs 40,000 crore.
- National Heritage City Development Augmentation Scheme has been undertaken to save as well as protect heritage cities inwards the country, announces the Finance Minister.
- NITI Aayog volition constitute a national programme to straight our efforts inwards the expanse of Artificial Intelligence towards national development: FM
- Our emphasis is on generating higher benefits as well as productive work for the farmers: Jaitley patch addressing the agricultural sector inwards his Budget vocalisation communication 2018.
- Our regime has worked sincerely, as well as without weighing the political costs, hoping that benefits are delivered to people at their doorsteps. The Direct Benefit Transfer organisation of Republic of Republic of India is a success even out that is reiterated across the world: Jaitley.
- PAN to live used every bit Unique Entity Number for non- individuals from Apr 1.
- Prime Minister Narendra Modi praises his finance government minister Arun Jaitley for delivering a budget that is "farmer friendly, mutual citizen friendly, occupation organisation environment-friendly as well as evolution friendly."
- Rs 600 crore allocated to Tuberculosis patients undergoing treatment.
- Specialised railway academy to live gear upwards at Vadodara.
- Standard deduction of Rs 40,000 for salaried employees inwards lieu of carry as well as medical expenses: FM Jaitley
- Target of iii lakh crore for lending nether PM Mudra Yojana: FM
- The finance government minister also pointed out that Republic of Republic of India is 1 of the fastest-growing economies inwards the world.
- The Government is tardily but steadily progressing towards universal health coverage: FM
- The regime volition undertake redevelopment of 600 major railway stations across the country.
- This budget volition accelerate economical growth, it is focused on all sectors: PM Modi
- This year's Budget volition especially focus on agriculture, says Jaitley.
- To tackle encephalon drain, Jaitley announces scheme to position brilliant students pursuing B Tech inwards premiere applied scientific discipline institutes, as well as providing them higher-education opportunities inwards the IITs as well as IISc. These students volition have handsome fellowships, as well as volition live expected to dedicate a few hours to instruct inwards higher pedagogy institutions weekly.
- Ujjwala scheme to amplify targets, volition directly provide 8 crore rural women complimentary LPG connections.
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