Earlier, in #LokSabha, FM also outlined a 7-point plan to boost consumption:
1. Minimum Support Price (MSP) increased for all mandated Rabi and Kharif crops for 2019-20
2. PM- KISAN extended to all farmers irrespective of holding size. Rs. 50,000 cr has reached 8.1 cr farmers.
1. Minimum Support Price (MSP) increased for all mandated Rabi and Kharif crops for 2019-20
2. PM- KISAN extended to all farmers irrespective of holding size. Rs. 50,000 cr has reached 8.1 cr farmers.
3. To extend social security, the government has approved a new scheme for providing pension to the trader community.
4. GST rate on all electric vehicles reduced to 5% from 12%.
#BudgetSession2020 #BudgetSession
4. GST rate on all electric vehicles reduced to 5% from 12%.
#BudgetSession2020 #BudgetSession
5. Dividend Distribution Tax has been removed
6. Corporate tax will also give money in the hands of people who are retail shareholders
7. Alternative personal income tax rates will benefit and give more money for consumption
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#BudgetSession2020 #BudgetSession
6. Corporate tax will also give money in the hands of people who are retail shareholders
7. Alternative personal income tax rates will benefit and give more money for consumption
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#BudgetSession2020 #BudgetSession
