Budget 2015-What’s in store for you?

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Budget-2015-Whats-in-store-

Highlights of the Budget-2015 as announced by Finance Minister, Arun Jaitley
1.More AIIMS,IITs and IIMs
2.150 countries added under Visa on arrival schemes
3.Introduction of fully IT based student financial aid scheme for higher education
4.Rs. 5,000 crore allocated for MGNERGA (Mahatma Gandhi National Rural Employment Guarantee Act)
5.Housing for all by 2022- 2 crore in rural areas and 5 crore in urban area
6.Target to build 6 crore toilet –“a part of Swachch Bharat Abhiyan”
7.No change in tax rate
8.Transportation allowance increased from Rs.800 to Rs.1600.
9.Tax exemption in health insurance premium limit enhanced by Rs. 15,000 to Rs. 25, 000.
10.Service tax exemption under ‘Varistha Bima Yojana’ for senior citizens
11.1,000 crore for ‘Nirbhaya fund’
12.‘Nai Manzil’ scheme for minority youth, to get better employment.
13.Assisted living devices for senior citizens living below poverty line.
14.Electrification by 2020 for remaining 20,000 villages in the country
15.Progress towards making Digital India
16.Options available for employees in Employment Provident Fund

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