Finance Budget 2017 highlight

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IMPORTANT NOTES ON BUDGET 2017

1)For the further Liberalisation of FDI(Foreign direct investment) policy ,FIPB(Foreign investment promotion board) to be Abolished (to officially ended) in 2017-18.
2)Under Maternity Benefit Scheme,6000rs each will be transferred to bank accounts of pregnant women who undergo govt. Institutions delivery and vaccinate their children.
3)For MSME(Micro,small, Medium enterprises) with turnover up to 50 crore RS annually reduced to 25%.
4) Highest ever find allocation at MGNREGA scheme under at rs48000 crore.
5)Affordable Housing to be given Infrastructure status.
6) Railways PSE(Public investment Enterprises) like IRCTC,IRFC etc will Listed in stock market.
7) Allowed Provision for Bank NPA Up from 7.5 to 8.5%.
8)Two AIIMS setup each one in Jharkhand and Gujrat.
9)PM Modi said present Budget FUTURE (Farmer Underprivileged Transparency Urban overhaul Rural development Employment for youth, entrepreneur and boost young entrepreneurs) Budget.
10)It was 4th Budget of Finance Minister Arun Jaitley.


11)First Time Railway Budget merge in Finance Budget.

                                                                                                                                                                              

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