Live updates on budget 2017

Announce a new trade infrastructure export scheme, says FM

Amend Negotiable Instruments Act to protect payees of dishonoured cheques, says FM

Capital and development expenditure pegged at Rs 1.31 lakh crore for railways in 2017-18 from Budget

Amendement in payment and settlement act: Govt propose to create payment regulatory board

Adhaar enabled merchant payment will be launched soon, especially for those without net banking, e-wallets, and debit cards

AadhaarPay will be launched shortly, says FM

Propose to create a payment regulatory board at RBI, says FM

Re-financing of housing loans to give impetus to real estate sector

Tax-to-GDP ratio very low in India, says FM

India largely a tax non-compliant society, says FM

Predominance of cash in our economy makes it easy for people to avoid taxes, we are largely a non tax compliant country, says Jaitley

:  -No of people showing income above Rs 50lk annually is only 1.72 lk people, says FM

-Resolution of financial firms amendments to help banking sector

Post demonetisation deposits between Rs 2-80 lakh made in 1.09 crore accounts, says FM

 Net tax revenue growth at 17% for last 2 years, says FM

Due to demonetisation advance tax on personal income tax increased by 34.8%

Propose to make changes in capital gains tax for housing, says FM