Union Budget 2015-2016 Highlights
1.Abolition of wealth tax.
2.Corporate Tax reduced to 25%.
3.Rs. 25,000 crore for Rural Infrastructure Development Bank.
4.Rs. 70,000 crores to Infrastructure sector.
5.AIIMS in Jammu and Kashmir, Punjab, Tamil Nadu, Himachal Pradesh, Bihar and Assam
6.Allocation of Rs. 2,46,726 crore for defence.
7.Housing for all by 2020.
8.Rs. 75 crore for electric cars production.
9.2% Tax on highly wealth persons.
10.New scheme for depositors of gold to earn interest and jewellers to obtain loans on their metal accounts.
1.Abolition of wealth tax.
2.Corporate Tax reduced to 25%.
3.Rs. 25,000 crore for Rural Infrastructure Development Bank.
4.Rs. 70,000 crores to Infrastructure sector.
5.AIIMS in Jammu and Kashmir, Punjab, Tamil Nadu, Himachal Pradesh, Bihar and Assam
6.Allocation of Rs. 2,46,726 crore for defence.
7.Housing for all by 2020.
8.Rs. 75 crore for electric cars production.
9.2% Tax on highly wealth persons.
10.New scheme for depositors of gold to earn interest and jewellers to obtain loans on their metal accounts.
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