- Appointment of 100 Joint Commissioners for the disposal of small cases.
- Leave encashment limit increased from 15 lakhs to 25 Lakhs
- Surcharge Rate – Higher Slab reduced from 37% to 25%
- Salaries Persons – Tax benefit upto 52000 rupees
- New Tax Regime – Slabs of Rs. 3 Lakhs instead of 2.5 Lakhs
- New Slabs in new tax regime
- Income upto Rs. 3 lakh – Nill
- Income above Rs 3 lakh and up to Rs 5 lakh to be taxed at 5%
- Income of above Rs 6 lakh and up to Rs 9 lakh to be taxed at 10%
- Income above Rs 12 lakh and up to Rs 15 lakh to be taxed at 20%
- Income above Rs 15 lakh to be taxed at Rs 30%.
- New Tax Regime – No Tax upto Rs. 7 lakhs
- TDS rates for EPF withdrawals, market linked debentures reduced from 30% to 20% in case of non -PAN cases.
- Rebate u/s 87A – income tax – upto Rs. 7 lakhs – No tax is payable
- Long Term Capital Gain exemption for residential properties qualifying u/s 54 and 54F increased to 10 cores
- Carry forward of losses – in case of start ups – increased to 10 years in case of change in shareholding
- Cash Deposit limit for primary agriculture society members increased to Rs. 2 Lakhs per member.
- TDS on cash withdrawn by Co-operative Societies increased to 3 crores
- Relief to sugar cooperative societies for payment to sugar cane farmers for Rs.10K Crores for the period prior to Year 2016-17
- Increase turnover limit for presumptive taxation
- 45% of return process within 24 hours
- Processing period of ITR reduced to 16 days only
- Compounded rubber BCD increase 10 % to 20 % upto 30Kg
- Reduce BCD on seeds as India has top diamond manufacture industries to promote employment.
- Alcoholic use in industry exempt BCD
- Customs duty reduced on Certain Green Fuel
- Chemical and petrochemicals industries – reduce on BCD on acid, and other chemicals etc
- Custom duty exemption for imports of Batteries for manufacturing industries
- Green mobility scheme – Exempt excise duty and GST on gas compressed in bottle and battery use in EV vehicle
- Customs Duties – Reduction in rates on various items – Reduced from 21 to 13% rate reduced BCD on goods other than Textile Industries and others
- Fiscal Deficit is estimated at 5.9% of GDP and estimated to reduced to the FY to 4.5 till 2025-26
- Fiscal Deficit of states increased from 3.5% to 4.6%
- Mahila samane bacht patra available up to March 2025 , which available in saving certificate @7.5% with partial withdrawal
- Sr.. Citizen scheme investment scheme increased from 15 lakhs to 30 lakhs
- Bank of India Act are being proposed
- Single window for IFSC, banking units. SEZ for services related to GST RBI and other compliance
- To simplify ease – to carry out comprehensive model by financial market
- Innovative use of Financial markets – revamping of credit facilities from 1 st April 2023
- Handicraft product and other states products for tourism purposes
- Unity mall setup by state government in state capital for tourism ,which available to one star one product
- To prefer domestic tourism over international tourism – for middle class
- 50 challenging destination will be added for tourism
- PM Kaushal Vikas yojona 4.0 to to skill 4 lakhs youth
- Replacing old polluting vehicles , vehicles scrapping policy – state will also supporting
- Vehicle replacement policy launch, old poluting vehicle scraps the old vehicle allocate fund by CG and support by SG along with SG ambulance
- Amrit drohar scheme for optimse use of wet land
- Nature Farming – 1 Crores farmers to adopt
- Gobardhan programme – 500 waste to wet plant for biogas
- PM Pranam Scheme – for fertilizers and balance use of chemical in fertilizers
- Entity digi locker create for msme company and other corporate agecy for share documents to other government agency and banks
- E-courts for efficient administration of cases 700 crores
- Vivad se vishwas for MSME 95% forfeited amount will be return to them by govt
- Information of return filer ,with the permission of return filer may be share with other government agency
- PAN will be common identifier for all financial and government agencies
- One stop solution for updating various KYC and other information through APP
- KYC policies will be simplify
- Digital India
- Artificial Intelligence
- Ease of doing Business – For than 39 compliance’s have been reduced and various provisions have been decriminalized
- Modi government ensure to transperant and smooth administrative department work for common people
- Under mission karma yogi – to provide opportunity to govt employees for enhancing skills
- Enhanced focus for scientific management for dry and wet waste
- 50 additional airports and helipads for regional air connectivity
- 50-year interest free loan to State governments extended for one more year
- Capital outlay – For Railway – 2.04 laksh cores – 9 times of budget of 2013-14
- Direct capital investments – 3.7 lakh crores which is 4.7% of GDP
- Capital Investment increased 33% to 10 Lakh Crores which is 3.3% of GDP
- Focus on investment and infrastructure
- 740 Eklavya model schools – for serving 3 lakh tribal students
- To inculcate financial sector to age appropriate material for financial knowledge in those libraries.
- National digital library for children and adults for accessibility of education material physically and digitally
- National Children Libraries – Digital and Physical
- Facilities of ICMR labs for research for public and pvt entities for encouraging collaborative developments
- Research for Medical tools / equipments
- Big plan to open new medical centers / hospitals / labs and medical research facilities.
- Development and creation job – Promotion of tourism
- PM Kaushal Yojana / Vishwakarma Scheme – weaker sections and small scale household skilled workers
- Significant improvement in sustainable growth / economic sustainability
- 126 lakh crores UPI Payments
- 7400 crores digital payments
- Per capita income increased
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