Assessment of tax will be electronically done in the time span of 2 years.
Processing of IT returns will be done in only 24 hours.
Central Government is offering at least 14% revenue of GST to states.
From about 36 capital goods custom duty has been eliminated.
Council of GST is recommending for decreasing the rates of GST for home purchasers.
After all the deductions, reimbursement of full tax up to the annual income of Rs. 5 lakh.
Average deduction has increased from Rs.40000 to Rs.50000.
Tax on second self-occupied house will be exempted.
Top limit of TDS u/s 194A has augmented from 10000 to 40000.
Top limit of TDS u/s 194I has augmented from 180000 to 240000.
Benefit of capital tax u/s 54 has amplified from investing in one domestic house to two domestic houses.
Profit is given to unsold record has raised to one year to two years.
To one more year, profit u/s 80IB has amplified.
Shares in the state has raised to about 42%.
From 3 major banks, PCA restriction can be eradicated.
For the reservation of 10%, seats will be increased by 2 lakhs.
For MGNREGA, 60000 crores are funded.
To make sure that every person should get the food, 1.7 lakh crore is provided by government
In Haryana, 22ndAIIMS is supposed to open.
PM Kisan Yojana has been approved.
To every farmer having about 2-hectare land, Rs. 6000 per annum will be provided. This will executed from Sept. 2018 and the appropriate amount will be transferred to farmers account in 3 installments.
For farmers containing animal husbandry 2% of interest is granted and produce distinct department for fisheries.
Limit for tax free gratuity has from Rs.10 Lakhs to Rs.20 Lakhs.
Rs.750 Crores will be given for National Gokul Mission and National Kamdhenu Ayog for cows.
For the employees being paid Rs. 21000 monthly bonus will given.
Pradhan Mantri Shram Yogi Mandhan scheme will offer the guaranteed pension every month of about Rs. 3,000 with the participation of Rs. 100 each month for employees in the disorganized sector after the age of 60.
In the Ujjwala scheme, government provided 6 crores for free connections of LPG.
For the person registered under MSME GST, 2% interest will be delivered.
To empower the women, 26 weeks of maternity leaves are approved.
For defense, greater than 3 lakhs crores are given by the government.
For India filmmakers, a single window is approved.
n next 5 years, more than one lakh digital villages will be established.
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