29Feb

Highlights Of Union Budget 2016

  • 12:18 LTCG period for unlisted companied reduced to 2 years: FM
  • 12:17 New mfg cos after March 1, 2016 to be taxed at 25% plus cess+surcharge: FM
  • 12:16 Accelerated depreciation limited to 40% from FY18: FM
  • 12:15 Number of measures will be undertaken to deepen corporate bond market: FM
  • 12:15 To enable non institutional investors to invest in ARCs: FM
  • 12:14 Turnover limit of 2 cr for SMEs: FM
  • 12:14 Department of Disinvestment to be renamed as Department of Investment and Public Asset Management: FM
  • 12:14 Govt stands firmly behind public sector banks: FM
  • 12:13 Will undertake massive nationwide of ATMs in the next 3 years: FM
  • 12:12 Total resources allocated to states 99681 cr more than 2015-16 RE: FM
  • 12:10 To do away with plan & non-plan classification from FY18: FM
  • 12:10 2.5% revenue deficit target for FY16 vs budgeted est of 2.8%: FM
  • 12:09 Committee To Review FRBM: FM
  • 12:08 Non-plan classification from FY18: FM
  • 12:06 Non-plan expenditure at ‘14.28 lk cr: FM
  • 12:05 15.3% increase in plan expenditure to to Rs 5.5 lk crore: FM
  • 12:04 FY17 fiscal deficit target at 3.5%: FM
  • 12:04 To adhere to fiscal deficit target: FM
  • 12:01 Aadhaar bill to be introduced in current session of parliament: FM
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