Professional Documents
Culture Documents
– I. Aspirational India
– II. Economic Development
– III. Caring Society
I. Aspirational India
• The GoI has already approved INR 3.6 lakh crore rupees
for the mission. The mission also aims at augmenting
local water resources, recharging existing sources and
promotes desalination and water harvesting.
• INR 3,150 crores are allotted to culture and INR 2,500 to tourism.
Investment Off the budget measures like corporate tax cuts, low interest rates, surplus liquidity etc in
the recent past
Net Exports Mention of manufacturing of electronic equipments, semiconductors, etc may have dual
impact of boosting exports as well as minimising imports
Tax Slabs
Higher customs duty on auto-parts from 10% to 20% Rs 1.70 lakh cr for transport
infrastructure in 2020-21.
Real Estate Currently, while taxing income from capital gains, business profits and other
sources in respect of transactions in real estate, if the consideration value is less
than circle rate by more than 5%, the difference is counted as income both in the
hands of the purchaser and seller, It is proposed to increase the limit of 5% to
10%.
Key Sectoral Impact
Sector Key Budget Measures
FMCG Allocation of Rs. 2.83 lakh cr for rural development, agri, horticulture, raising agri credit,
PM KISAN Reduction in Income Tax Slabs (without exemptions/deductions) to spur
consumption
Customs Duty:
No further capital infusion announced for PSU Banks, after infusion of Rs 3.5
lac cr over last few years
In order to attract investment in the power sector, it is proposed to extend the concessional corporate tax
rate of 15% provided by the Taxation Laws (Amendment) Act, 2019 to new domestic companies that are
engaged in the generation of electricity subject to the condition that they start generating electricity by
31st March, 2023
Railways 150 new train to be introduced on PPP basis; Four stations will be also be redevelopment with the help
& Metro of PPP
More Tejas type trains for tourist destinations Actively pursue High Speed Train between Mumbai and
Ahmedabad
Gas To expand the national gas grid from the present 16200 km to 27000 km
distribution
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