EntMnt Xclusive Budget 2016-17 Updates

[Deepu]

Propose To Spend `86,500 Cr On Irrigation Projs In 5 Years, +ve for Jain Irrigation

To set up e-platform to enhance farmer access to markets: FM

Propose to spend Rs 86,500 cr on irrigation projects in 5 years

Sadak Yojana allocation at `19,000 Cr for FY17: FM

`15,000 cr to be allocated for interest subvention for agri loans: FM

 

[Deepu]

e-Platform to connect wholesale agri markets

 

[Prateek Marwadi]

Deepu sir ji

everytime budget comes good but implementation is 50 % only
and execution is also 50 % so finally only 25 % materializes.

 

[Deepu]

• 11:38 am | Flashes
  
  Have to give farmers income security, aim to double farmer income: Positive for Coromandel Fertiliser
  
  
• 11:35 am | Flashes
  
  Propose to launch new health care scheme with 1 lk as cover per family: FM
  

 

[Deepu]

To pay 8.33% for new employees towards EPFO contribution for 3 years: FM

Propose to launch new health care scheme with Rs 1 lakh as cover per family: Positive for insurance cos

75 lk households have voluntarily given up cooking gas subsidy: FM

Allocate 55,000 cr for roads highways; excl 15,000 cr nhai bonds: FM

 

[Sanjeev]

Its a good budget for farmers and poor people and bad for rich people

 

[Sanjeev]

All small and big cars, cigarette, gold, diamond all prices have been increased

 

[Sanjeev]

Cinema mobile bill air travel cable eating at restaurant all have been increased

 

[Sanjeev]

Branded clothes also now will be costly

 

[Deepu]

19,610 cr of net revenue gain from direct & indirect taxes: FM

Dividend Tax rate of 10% for individuals/HUF if dividend in excess of 10 lk/annum: FM

To lower penalty to 50% of tax in case of under-reporting of income: FM

Offering limited period compliance window for undisclosed income: FM