Finance Minister Nirmala Sitharaman presented the Union Budget 2020-2021 in the Lok Sabha
Here are some of the key highlights from Union Budget 2020
Tax
1. A new tax regime has been announced. Those who want to be in the old regime with exemptions can continue
 |
| new tax regime Budget 2020 |
2. Over 70 deductions have been removed
3. Companies will no longer be required to pay Dividend Distribution Tax (DDT)
ECONOMY AND FINANCE
1. Bank deposit insurance cover has been increased from Rs.l lakh to Rs.5 lakh per depositor.
2. Government plans to amend the Companies Act to•decriminalize civil offenses
3. government t to sell part of, its stake in LIC via public offering
AGRICULTURE
1. A budget allocation of Rs,2.83 lakh crore for the sector: Comprising agriculture and allied activities
2. Provide 20 lakh farmers to set up standalone solar pumps. help another 15 lakh-farmers to. solarise their POWER grid
3. agriculture credit availability set at 15 lakh crore for 2020-21
HEALTH AND SANITATION
1. An allocation of Rs. 69000 crore for the health sector
2. 12,300 crores for Swachh Bharat Mission this year
3. Proposal to set up hospitals in Tier-II and Tier-Ill cities with the private sector using PPP
EDUCATION
1. Rs.99,3 0 crore for the education sector in 2021 and about for Rs.3,000 crore for skill development
2. Urban local bodies to provide internship to young engineers for a year
3. Degree level, full-fledged online courses by institutions top-ranked by NIRF, especially to benefit underprivileged to students
INFRASTRUCTURE
1. Proposal to provide-R 7 lakh crore for transport infrastructure in 2021
2. Chennai-Bengaluru Expressway and Bengaluru suburban rail project to be started
3. Aim to achieve electrification 27000 km of lines
1 Comments
If you're looking to burn fat then you absolutely have to jump on this brand new tailor-made keto plan.
ReplyDeleteTo design this service, certified nutritionists, personal trainers, and professional cooks united to develop keto meal plans that are productive, suitable, money-efficient, and delicious.
From their launch in January 2019, thousands of people have already transformed their body and health with the benefits a smart keto plan can offer.
Speaking of benefits; in this link, you'll discover 8 scientifically-proven ones given by the keto plan.