You are at Union Budget 2015-16 Key Highlights

Union Budget 2015-16 Key Highlights


Wealth Tax abolition

2% additional surcharge on Super Rich with income of over Rs 1 crore

Corporate Tax reduced to 25%

AIIMS in Jammu and Kashmir, Punjab, Tamil Nadu, Himachal Pradesh, Bihar and Assam.

IIT in Karnataka and PG institute of Horticulture in Armtisar.

University of Disability Studies in Kerala

IIM for Jammu & Kashmir and Andhra Pradesh

100% tax exemption for Swachh Bharat

Service Tax increased to 14%

Allocation of Rs 70,000 crore for Infrastructure sector

5 ultra mega power projects of 4000 MW each

Centre of film production, animation and gaming in Arunachal Pradesh.

Rs. 2,46,726 crore allotted for Defence sector

50,000 toilets constructed under Swachh Bharath Abhiyan. Targets 6 crore Toilets.

Housing for all by 2020

80,000 Secondary Schools to be upgraded

Visa on Arrival for 150 countries

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