Highlights of Union Budget 2017-18, You Need to Know

Central Government is ready to launch new Union Budget of 2017-18 which will be announce on 1st January 2017. Peoples have many expectations from this upcoming budget which will be announce by Arun Jaitly. In the below you can see some expected thing which may be announce in this budget of 2017-18.

 Start Up

Modi Sarkar has decided to increase tax free facility from 3 to 5 years.

FDI

May govt. will launch some new rule to promote FDI in this Budget of 2017-18.

Manufacturing

In this budget govt. will try to increase export business under Make in India campaign.

Agriculture

Govt. would provide low interest home loan for Farmers.

Railway

In this budget Govt. may announce Railway Budget also, so he has creates a fund named Rashtriya Rail Saranksha Kosh to provide better facilities to the passengers. But price of ticket can be increase to passengers.

Income Tax

After the demonetization govt will do an implement in GST which Peoples deposit the money in the bank . There may be changed in Tax Slab under section 80C.

Demonetization

Central Government trying to make cashless India after demonetization for that government decided to reduce the tax rates to increase cashless transaction in country. These all above information is to be launch in Union Budget of 2017-18 which will be announce on 1 February 2017 in the country.