Budget 2016: Jaitley focuses on rural India, income tax untouched
Mar 01, 2016 15:54 IST
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Sand artist Sudarsan Pattnaik makes a sand sculpture about the Budget in Odisha. Finance minister Arun Jaitley kept focus on boosting the rural economy, announcing higher spending in the sector to fire demand as he presented his second full budget on Monday. (PTI Photo)
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New Delhi, India - Feb. 29, 2016: Union Finance Minister Arun Jaitley leaves from finance ministry to present the General Budget. The Sensex crashed over 600 points and Nifty down over 200 points during his presentation. (Arvind Yadav/ HT Photo)
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Jaitley announced two schemes to promote organic farming and said 28.5 lakh hectares will be brought under an irrigation scheme under the Pradhan Mantri Krishi Sichai Yojana. (Bharat Bhushan/ HT Photo)
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Jaitley also said a dedicated long-term irrigation fund will be created in NABARD with a corpus of Rs 20,000 crore. (HT Photo)
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A labourer checks his papers as he sits on a pushcart in Old Delhi. Arun Jaitley unveiled a budget for the poor on Monday, announcing new rural aid and health programmes in a strategy shift that could boost his ruling party in coming state elections. (REUTERS)
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People watch a digital screen showing FM Arun Jaitley delivering his Budget speech at Parliament in New Delhi, at the Bombay Stock Exchange (BSE) in Mumbai. Jaitley proposed to eliminate 13 government cesses. (Kunil Patil/ HT Photo)
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A hammal (labourer) loading tomato crates onto a truck in Malgaon village, Madhya Pradesh. The finance minister promised a 100% FDI through FAPB route in marketing of food products produced and manufactured in India. (HT photo)
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Arun Jaitley with his colleagues during photo session while giving final touches to the Union Budget at Finance Ministry North Block in New Delhi. (Arvind Yadav/ HT Photo)
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The excise duty on most tobacco products was raised by 10-15%. This excludes beedi products. (REUTERS)
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A service tax exemption for construction of affordable housing up to 60 sq. m. under state and central housing schemes will be put into place. (HT Photo)
