Decoding the Budget - Live Updation

The brief case arrives in parliament

Time for Big Bang Reforms has come

All we can say that GST is not coming this Fiscal

Looking forward for slash in taxes for salaried class

What we can expect is no compromise on Land ordinance by Modi

Budget Speech Starts

- IMF has downgraded forecast for global econmic growth
- MAny Steps to boost economy
- Its india's time to fly
- Focus on Ease of Doing business

- GST from 1st april, 2016

- Big News - RBI Act to be amended

- To ensure employment to our youth, we have to make India the manufacturing hub of the world #superbudget #Budget2015 http://goo.gl/1qeXHb 

- Expect Sensex up by 1000 Pts #superbudget #Budget2015 http://goo.gl/1qeXHb

- GDP growth to accelerate to 7.4%

- Per Drop More Crop

- Actually we need to increase the Banking hours help ease of doing business

- New Scheme Announced - Atal Pension Scheme

- Investment in infrastructure to go up by Rs. 70,000 crores: Arun Jaitley

- Gold Monetization Scheme - A big step to curb black money

-FM: Allocate Rs 33,150 Cr Towards Healthcare

-Banks - Public Sector : Govt intends to announce autonomus bank board bureau

- REVENUE DEFICIT TO BE 2.8% OF GDP IN FY16: FM

- BIg News - Corporate tax to be reduced from 30% now to 25% over next 4 years

- To Enact New Law For Black Money

- 10 Years jail for those convicted in Black Money

- Wealth Tax Abolished

- No Change in Slab Rates

-Domestic Transfer Pricing Limit Hiked to 20Cr fro 5 Cr now

- Service Tax up to 14% from 12% Now

- Transport Allowance Exemption Increased To Rs 1,600/Month

- 100% TAX DEDUCTION FOR SWACHH BHARAT & CLEAN GANGA

Simply, we can say its reform oriented budget