Indian Budget 2015-16 High lights

budget21 copy 

Customs duty tariff rate changes as per Indian Budget 2017-18


Central Excise Duty changes as per Indian Budget 2017-18


Service Tax rate tariff Changes under Indian Budget 2017-18


(Updating soon after Budget 2017-18 on 1st February,2017 under text format and pdf format)

 

The information provided here is part of Export Import Online Tutorial

 

Budget changes in customs import duty tariff,excise duty and service tax

 Indian Union Budget, changes in import customs tax tariff, chapter wise

 Indian Budget  Excise duty tariff changes, chapter wise

 Changes in Service Tax as per Budget 

 


Indian Budget 2015-16 High lights:

 

Click below for:    

Indian Budget 2015-16, Import Customs Duty Changes, chapter wise  

Indian Budget 2015-16, Central Excise Duty Changes, chapter wise

Service Tax Changes as per Indian Union Budget 2015-16

 

Learn Exports and Imports free  Click here to read.

 

Electricity in all homes by 2022, Schools within 5km jurisdiction

Ensuring education for all people in the country.

Challenges: Failure for Agriculture growth, Low growth in infrastructure development investments, and deficit on increase of construction growth.

1 Lakh Kilometer for new roads will be extended apart from 1 Lakh Km already undergoing.

80000 new Higher Secondary Schools.

India is expected to be a manufacturing hub as a part of  “Make  in India” by employment generation to youth.

Fiscal deficit will be reduced by 3% of GDP, within 2 years.  GDP of present financial year is expected at 7.4%.

5.28 Lakhs crores for state share.

MUDRA Bank for Scheduled Tribes and Scheduled Castes.

Expansion of schemes on cooking gas subsidy directly to consumers.

25000 crores project to improve the infrastructure to villages through NABARD.  Tax free bond  for road- rail developments.

Insurance under Suraksha Beema Yojana (SBY) by paying Rs.12 annual premium

Atal Pension Plan for senior citizens above age of 60 years.

National Investment and Infrastructure Fund.

5300 Crores for small irrigation projects

NAYI MANZIL scheme for youth who has not even passed secondary school level certificate

Kootamkulam  2nd unit by next year.

Ports under PSU as per Companies Act.

5 Ultra mega power units as per model of POWER AND PLAY.

More credit cards and debit cards schemes soon.

Indian Gold coins with the symbol of ASHOKA CHAKRA.

1000 crores for Nirbhaya scheme.

Vissa on arrival extended to 150 countries .

AIIMS for J&K, Tamil Nadu, Panjab, Himachal Pradesh and Assam.

University for National Institute of Speech and Hearing.

IIT for Karnataka.

 

 

Film Production and Amimation Institute for Arunachal Pradesh.

National skill mission for aged below 25 years.

Special central aid for Bihar and West Bengal.

Special program against balck money.

Value Added Tax an indicator for national economic growth.

Amendment on ESI and PF Act.

Corporate tax reduced from 30% to 25%.

PAN compulsory for transaction above 1lack rupees.

Excise duty 12.5%.

Service Tax  14%.

No Tax for SukanyaSamrudhi Scheme.

 

Click here to read  Indian Budget 2015-16, Import Customs Duty Changes, chapter wise     Indian Budget 2015-16, Central Excise Duty Changes, chapter wise Service Tax Changes as per Indian Union Budget 2015-16

 

Discuss your comments about the above changes in the INDIAN BUDGET 2015-2016 .

 

The above information is a part of Import Export Training online


Learn Exports and Imports free  Click here to read.

 

Also read;
How to export your product?
How to import your product?
Click here to know HS code of your product
What is the ITC code (Indian Tariff Code) of your product?
12 Major risks and solutions in Imports and Exports
Dispute settlement in international business



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