TOP TEN HIGHLIGHTS OF UNION BUDGET 2015

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  • Individual tax payer will benefit to the extent Rs 4,44,200 from the exemptions announced.
  •  Defence allocation for this fiscal is Rs 2,46,727 crore.

  • Corporate tax reduced from 30% to 25% over next four years

  • Quoting PAN a must for all purchases above Rs 1 lakh.

  •  Govt to reduce custom duty on 22 items.
  • AIIMS to be set up in J&K, Punjab, Tamil Nadu, Himachal Pradesh and Assam.
  • Proposes 5 ultra mega power projects for 4,000 MW each: FM
  • Investment in infrastructure to go up by Rs 70,000 crores: Jaitley

  • GST to be put in place by April 1, 2016: FM

  • Govt to raise visa-on-arrival facilities to 150 countries from 43

 

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