This Article is From Jul 10, 2014

Union Budget: What You Liked and Disliked Most

Union Budget: What You Liked and Disliked Most

Highlights

  • Here is a list of what ndtv.com surfers listed as the best and worst parts of Union Budget 2014.
New Delhi:

Here is a list of what ndtv.com surfers listed as the best and worst parts of Union Budget 2014.

Most-liked announcements:

  1. PPF: Annual ceiling raised to Rs. 1.5 lakh
  2. Income tax exemption limit raised to Rs. 2.5 lakh
  3. Tax exemption on home loans raised from Rs. 1.5 lakh to Rs. 2 lakh
  4. Ups 80C investment cap to Rs. 1,50,000 vs Rs. 1 lakh currently
  5. For senior citizens, no tax for income upto Rs. 3 lakh per annum
  6. To raise tax exemption investment limit from 1 to Rs. 1.5 lakh
  7. National Sports Academies to be set up across India
  8. Rs. 500 crore for rehabilitation of displaced Kashmiri migrants
  9. Rs. 100 cr for Beti Bachao, Beti Padhao Yojna for women's welfare
  10. Government to add 12 more government medical colleges

 
Most-disliked:
 

  1. Budgetary Allocations: Rs. 200 crore for Sardar Patel statue in Gujarat
  2. No change in tax rate
  3. Service tax proposed on radio taxis
  4. Ups long-term capital gain tax on MFs to 20% vs 10%
  5. Long term capital gains tax rate on MFs raised to 20% (36 months)
  6. Additional duty on imported computer components
  7. Direct Tax: No changes in surcharge

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