Union Finance Minister Arun Jaitley presented the Budget 2015 yesterday. Here are some of the key points one must not miss:
The Leap
Corporate tax cut 5% over 4 years, exemptions to go; social security net for poor; wealth tax abolished
The Stride
Innovative infra financing; new bankruptcy law; tough anti-black money law; service tax up to 14%
Small steps
Monetising gold; higher exemption limits on health insurance premia, panel to choose PSU bank heads
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Road ahead
Accelerating growth, move to GST, enhancing investment, creating jobs, upgrading skills