Personal Income Tax rates unchanged; Rs. 40k standard deduction in lieu of present exemption: FM
Senior citizens can claim benefit of reduction Rs. 50,000/ year w.r.t any general health expenditure and health insurance premium: FM
Rs 40,000 standard deduction to salaried people: FM
Companies with turnover of upto Rs. 250 cr to be taxed at 25%: FM
Made many positive changes in personal income tax rates in the past years; no change in Income Tax slabs this year : FM
Arun Jaitley 100% tax deduction for first five years to companies registered as farmer producer companies with a turnover of Rs. 100 crore and above: FM
12.6% growth in direct taxes in 2017-18; 18.7% growth in indirect taxes in 2017-18: Finance Minister
Revised fiscal deficit estimate for 2017-18 is 3.5% of GDP, fiscal deficit of 3.3% expected for 2018-19: FM
MP salaries to be revised with effect from 1 April, 2018. It will increase every 5 years indexed to inflation: FM
Emoluments of President to be revised to Rs 5 lakh per month and emoluments of Vice-president to be revised to Rs 4 lakh per month: FM
Rs 80,000 crore disinvestment target for 2018-19; target for 2017-18 exceeded and will reach Rs 1 lakh crore: FM
