- Rs 1,000 crore tax sops
- Life insurance exempted from service tax
- Exemption on dividend income raised to Rs 2,500 p.a.
- 7% taxfree 6-year relief bonds announced
- Strengthened DCA’s regulatory role (to watch companies which mislead/defraud the public, delist from SEs)
- Repayment of farm loans up to Rs 50,000 deferred because of the drought
- Rs 1,500-crore UTI bailout, restructuring; government to take care of assured return schemes forever
Sops From Singh
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" My aim is to put more money in the housewife's purse, and more food in the poor man's mouth"
Updated on:
Published at:
Sops From Singh
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