Government to launch focused scheme for footwear, leather sector,
to initiate measures to make India a global toy manufacturing hub.

#Budget

As a part of Nuclear Energy Mision for Research and Development, at least five indigenously developed small modular (nuclear) reactors will be operationalised by 2033

#Budget

Broadband connectivity to be provided to all government secondary schools and primary healthcare centres.

#Budget

Government to launch Bharartiya Bhasha Pushtak scheme to provide digital form of Indian language books for Schools and higher Education

#Budget

10,000 additional seats to be added in medical colleges next year and 75,000 seats to be added in next 5 years.

#Budget

FDI limit for insurance sector will be raised from 74% to 100%

#Budget

A New Income Tax Bill Will Be Introduced Next Week

#Budget #Tax

A digital public infrastructure - 'Bharat Trade Net' (BTN) for international trade will be setup as a unified platform for trade documentation and financing solutions. The BTN will be aligned with international practices

#Budget

FISCAL DEFICIT at 4.4%

#Budget #Economy

Custom duty waived off fully for 36 medicines for serious illnesses like cancer

#Budget

Cost of Mobile phones, LED TV, electric vehicles, other electronic equipments to be reduced

#Budget

120 new airport to be built by next 10 yrs

#Budget #Infra

A high-level committee will be formed to review non-financial sector regulations, certifications, licenses, and permissions to improve ease of doing business.

#Budget

Biharis Right Now.

Government to provide mudra loans to homestays, improving ease of travel and connectivity to tourist destinations, todevelop top 50 tourist sites in partnership with states.

#Budget

No income tax till 12.75 LAKH RUPEES INCOME!!!

#Budget

#Policy #Budget

Example 1: Income = ₹14 lakh

0 - 4 lakh → No tax

4 - 8 lakh → 5% on ₹4 lakh = ₹20,000

8 - 12 lakh → 10% on ₹4 lakh = ₹40,000

12 - 14 lakh → 15% on ₹2 lakh = ₹30,000


✅ Total tax = ₹20,000 + ₹40,000 + ₹30,000 = ₹90,000


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Example 2: Income = ₹18 lakh

0 - 4 lakh → No tax

4 - 8 lakh → 5% on ₹4 lakh = ₹20,000

8 - 12 lakh → 10% on ₹4 lakh = ₹40,000

12 - 16 lakh → 15% on ₹4 lakh = ₹60,000

16 - 18 lakh → 20% on ₹2 lakh = ₹40,000


✅ Total tax = ₹20,000 + ₹40,000 + ₹60,000 + ₹40,000 = ₹1,60,000

For youngsters who are new to paying income tax

Modiji Right Now.