Vehicle scrapping policy is launched, all vehicles to undergo a fitness test in automated fitness centers every 20 years (personal vehicles), every 15 years (commercial vehicles).
Created National Rail Plan to bring a future ready Railway system, 100% electrification of Railways to be completed by 2023.
Metrolite and Metroneo services are announced in 27 cities.
The FM proposes a total of Rs.1,18,101 lakh crore for the Ministry of Road Transport and Highways.
100 new Sainik schools to be set up.
Government to set up Central University in Leh.
India has 2 vaccines: two more to be launched.
Government to provided Rs 35.000 crore for vaccination in 2021-22.
HEALTH AND SANITATION
PM Atma Nirbhar Swasthya Bharat Yojana launched to develop primary, secondary and tertiary healthcare.
17 new public health units at points of entry. modernizing of existing health units at 32 airports, 15 seaports and land ports
Jal Jeevan Mission outlays 2.87 lakh crores aiming to provide full-fledged water supply to all urban local bodies with household tap connections.
Expansion of Operation Green scheme to include 22 perishable products.
1000 more mandis to be integrated with e-NAM.
FM grants Rs.1,000 crores to the Solar Energy Corporation of India for the growth of the Solar Energy Sector.
Duty on solar items increased from 5% to 20% as to urge manufacturing of solar items in India.
FY21 expenditure target revised to Rs 34.50 trillion.
FY22 fiscal deficit pegged at 6.8% of GDP. 9.5% in FY21.
Government to approach market for additional Rs 80,000 crore to fund FY21 fiscal deficit.
All disinvestments that have been announced so far are to be completed in FY22.
Policy for disinvestment in strategic, non-strategic sectors approved by government.
Tax audit limit rose from Rs 5 crore to Rs 10 crore in certain cases.
Advance tax rules eased on dividend receipts.
Dividend payment for REIT and InVIT exempted from tax.
TAX BONANZA FOR SENIORS
Senior citizens above 75 years exempted from filing income-tax returns.
The paying bank will deduct the tax on their behalf.