Global Research

5 : New arrival of first model

Stock in News....Jet airways has agreed terms with Etihad with some conditions 

Interim Budget Updated and Sectors affected by it.....Overall the Interim Budget was on Point..with Bigger Initiatives to come in the main Budget in March 

HAPPY TRADING 

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1. Within 2 years, Tax assessment will be done electronically 2. IT returns processing in just 24 hours 3. Minimum 14% revenue of GST to states by Central Govt. 4. Custom duty has abolished from 36 Capital Goods 5. Recommendations to GST council for reducing GST rates for home buyers 6. Full Tax rebate upto 5 lakh annual income after all deductions. 7. Standard deduction has increase from 40000 to 50000 8. Exempt on tax on second self-occupied house 9. Ceiling Limit of TDS u/s 194A has increased from 10000 to 40000 10. Ceiling Limit of TDS u/s 194I has increased from 180000 to 240000 11. Capital tax Benefit u/s 54 has increased from investment in one residential house to two residential houses. 12. Benefit u/s 80IB has increased to one more year i.e. 2020 13. Benefit has given to unsold inventory has increased to one year to two years. Other Areas 14. State share has increased to 42% 15. PCA restriction has abolished from 3 major banks 16. 2 lakhs seats will increase for the reservation of 10% 17. 60000 crores for manrega 18. 1.7 Lakh crore to ensure food for all 19. 22nd AIIMS has to be opened in Haryana 20. Approval has to be given to PM Kisan Yojana 21. Rs. 6000 per annum has to be given to every farmer having upto 2 hectare land. Applicable from Sept 2018. Amount will be transferred in 3 installments 22. National kamdhenu ayog for cows. Rs. 750 crores for National Gokul Mission 23. 2% interest subvention for farmers pursuing animal husbandry and also create separate department for fisheries. 24. 2% interest subvention for farmers affected by natural calamities and additional 3% interest subvention for timely payment. 25. Tax free Gratuity limit increase to 20 Lakhs from 10 Lakhs 26. Bonus will be applicable for workers earning 21000 monthly 27. The scheme, called Pradhan Mantri Shram Yogi Mandhan, will provide assured monthly pension of Rs. 3,000 with contribution of Rs. 100 per month for workers in unorganized sector after 60 years of age. 28. Our government delivered 6 crores free LPG connections under Ujjawala scheme 29. 2% interest relief for MSME GST registered person 30. 26 weeks of Maternity Leaves to empower the women 31. More than 3 Lakhs crores for defence 32. One lakh digital villages in next 5 years 33. Single window for approval of India film makers.

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