Union Budget 2016-17 Highlights
Key highlights and speech of Union Budget 2016 announcement date 29 February 2016 – Download PDF of Budget 2016 details in Hindi & English Format
Indian Government announced the union budget on the date 29 Feb 2016. On aspect to that, we will be covering all the highlights of the budget. Honourable Finance Minister, Shri Arun Jaitley, gave the speech. In case you skip the speech, you can download the PDF document containing the details of the event. We have specified the direct links to download the budget 2016-17 announcements in Hindi as well in English.
BUDGET 2016-17 PDF HIGHLIGHTS – HINDI
The most concerned areas in this budget are Agriculture, Infrastructure, Financial markets, Investment, Safe India, Tourism, Digital India, Railway & Tax proposals. Most of the businessmen seem to be interested in the Tax aspect of this budget.
The previous budget was declared on 28th Feb 2015 while this one revealed on 29th of February. The finance minister addressed the nation with all his proposals and announcements. All the news channels covered the live feed of speech. The department releases the official documents each year, which can be downloaded, and studied by everyone. This documentation contains information regarding each and every aspect of the budget. Also, it covers the entire speech.
UNION BUDGET 2016 – KEY POINTS & EXPECTATIONS
- Small entrepreneurs have demanded special rebate in income tax.
- Finance Minister has announced that the budget for the financial year 2016-17 is expected to provide more than 1 lakh 10 thousand Crore.
- Cashless transactions will be more in focus. Credit-debit card transactions could become cheaper.
- In the pre-budget meet on 10th February, a request to make up to Rs 5 Lakh as the tax-free amount has been achieved. IT sector also requested relief in the double tax.
- “End of Life” Policy could be introduced. Around Rs. 1.5 lakh can be dispensed on the surrender of an old vehicle.
- Around 2% of GDP can be spent on Medicare.
- Rail budget 2016 will focus on giving more services at reduced cost.
- Health insurance scheme with a premium of Rs. 500 and 1 Lakh Rs. the cover could be introduced.
UNION BUDGET 2016 – DOWNLOAD PDF (HINDI & ENGLISH)
All the interested ones who want to download the budget 2016-17 speech must follow the procedure below. The complete statement along with all the details, highlights can be downloaded in a single PDF format. This file is made available in both Hindi and English language. Follow the steps to download the file:
- Firstly, visit the official link.
- Once you are on the homepage, look for the section that states “Budget Speech by Hon’ble Finance Minister.“
- Here you will see the links “Budget Speech in PDF format” and “Budget Speech in Doc format.“
- To initiate the download, click on the link depending on the format you are interested in.
- Once done you can view the files using PDF viewer or software similar to it.
Everybody is eager to know about the announcements that the Finance Minister is going to make on 29th February. The expectations are on hype, and every individual wants some positive change in the respective fields.