NEW DELHI:Finance Minister Piyush Goyal announced full tax rebate for individual taxpayers with annual income up to 5 lakh. Tax slab raised from Rs 2.5 lakh to Rs 5 lakh.
The government announced full tax rebate for individuals having annual income up to Rs 5 lakh, while people with gross income up to Rs 6.5 lakh will not need to pay any tax if they make investments in provident funds and prescribed equities.
TDS threshold on interest on bank and post office deposits raised from 10,000 to 40,000 rupees
The government has disbursed an amount of Rs 35,000 crore for the soldiers under the One Rank One Pension (OROP) scheme and also announced a "substantial" hike in military service pay. The Defence budget to be enhanced beyond 3 lakh crore rupees.
Pradhan Mantri Shram Yogi Mandhan, a monthly pension scheme , Rs 3,000 per month for workers in the unorganised sector who earn up to Rs 15000 per months
s3,000 per month for workers in the unorganised sector who earn up to Rs 15000 per month,
Those small farmers who have less than two acres will get a support of Rs 6000
s6,000,"
15,000 per month.
Setting up of a committee under NITI Aayog to identify and denotify nomadic and semi-nomadic communities
Over 8 crore free LPG connections to be given. Presently, the government is providing around 6 crore connections. Next year all 8 crore will be given.
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