Budget 2017 - 18 Highlights..! - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Wednesday, February 01, 2017

Budget 2017 - 18 Highlights..!


1. About 1crore houses for poor by 2019.

2. Affordable housing to be given infrastructure status

3. Foreign Investment promotion board to be abolished

4. Infrastructure allocation at a record Rs 4 trillion

5. Fiscal deficit for FY18 pegged at 3.2% of GDP

6. Tax relief for small firms with turnover up to Rs 500 m

7. The holding period for capital gains on sale of immovable property-land and building-to qualify as long term capital gains (LTCG) reduced to 2 years from 3 years

8. Income tax rate for slab of Rs. 2.5 lakh to Rs. 5 lakh reduced from 10% to 5%


9. Surcharge of 10% for annual income between Rs. 50 lakh to Rs. 1 crore
Budget 2017 - 18 Highlights..! Reviewed by S. Chitra on February 01, 2017 Rating: 5 1. About 1crore houses for poor by 2019. 2. Affordable housing to be given infrastructure status 3. Foreign Investment promotion ...

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