*Some highlights of the budget 2014* (Must read n share with others) Budget proposes plan expenditure of Rs 5,75,000 cr for current ficsal Fiscal deficit for 2014-15 pegged at 4.3% & for next year at 3% Arun jaitly said the budget is a begning of journy to return to 7-8% growth Defence FDI cap raised to 49% from 26% at present Aim to achive 7-8% economic growth rate in next 3-4 years:FM Seniour citizens pention plan extended till august 2015 Womens safety: Rs 100 cr for beti bachao, beti padhao yojna Rs 7,060 cr alloted for building new cities Rs 500 cr for setting up 5 more IIMs & IITs GOVT proposed to set up 100 smart cities GOVT to provide Rs 7,060 cr for development of such cities Tex exemption limit for seniour citizen changed for Rs 2.5 lakh to 3 lakh No change in income tax rates; personal income tax exemption limit raised from Rs 2 lakh to Rs 2.50 lakh Government is committed to providing 24*7 electricity in all houses........jo ki bilkul bhi nahi ho raha hai...hehe..:-P #SARITA
Posted on: Mon, 14 Jul 2014 05:48:12 +0000