Anurag Pandey

Union Budget Focus on Railways Railways need 50 lac crores between 2018-2030 to complete all its sanctioned projects. Hence, need of private investment is inevitable. Three pillars:  Safety, Modernization & Privatization Five measures announced today Setting up solar power plant capacity along the rail track Railway station redevelopment project 1150 private passenger trains through PPP mode More Tejas type trains Outlay of 18600 cr for Bangalore Suburban metro model Announcement of Kisaan Rail under Aspiration India theme wherein perishable items will be transported on refrigerated VUs which will act as cold supply chain which will benefit farmers. Capital expenditure outlay is 1.7 lac crores up by 6% from last year. 

#budget2020 FY 2020-21 What are new Income Tax Rates ? Hon'ble Finance Minister announced this in her budget today - Income Tax rates slashed for facilitating ease of living. 0-5 lac- Nil 5-7.5 lac - 10% 7.5-10 lac - 15% (against 20%) 10-12.5 lac - 20% (against 30%) 12.5 to 15 lac - 25% (against 30%) More than 15 lac - 30% No change ______________________________________

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