Budget2016

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Highlights of Union Budget 2016

12:23 ‪#‎Tax‬ exempt 40% of withdrawal from NPS at retirement: FM 12:23 Propose 100% deduction to undertakings for construction of affordable housing: FM 12:23 DDT exempted from REITs: FM 12:21 Propose to make some changes…

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Highlights of Union Budget 2016

12:10 To do away with plan & non-plan classification from FY18: FM 12:10 2.5% revenue deficit target for FY16: FM 12:09 Committee To Review FRBM: FM 12:08 Non-plan classification from FY18: FM 12:06 Non-plan expenditure…

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Highlights of Union Budget 2016

11:51 To introduce public utility resolution bill: FM 11:50 Calibrated market prices for gas based on landed price of alt fuels: FM 11:50 Propose to develop 10 of 25 non-functional airstrips: FM 11:50 To incentivise…

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Highlights of Union Budget 2016

11:35 Propose to launch new health care scheme with 1 lk as cover per family: FM 11:33 Need to adopt prudent fiscal strategy: FM 11:33 Must rely on domestic demand since foreign mkts are weak:…

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BUDGET FLASHES

11:00 (IST) Ahead of ‪#‎UnionBudget2016‬-17, rupee down 3 paise at 68.65 per dollar, Sensex slips 25 points, Nifty down 10 points. 11:03 (IST) ‪#‎UnionBudget2016‬ “I rise to present a statement of the estimated receipts and…

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