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News Union Budget 2018: From Taimur's Analysis To The Reaction Of Middle Class,...

Union Budget 2018: From Taimur’s Analysis To The Reaction Of Middle Class, Check Out Twitter’s Perception

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Finance minister Arun Jaitley presented the Narendra Modi government’s last full budget before the 2019 Lok Sabha elections. Here are some important points which Mr Jaitley mentioned in the budget:

  1. Jaitley raised the health and education cess, levied on all taxable income, to 4% from current 3%, and introduced a social welfare surcharge of 10% to fund social welfare schemes.
  2. Jaitley introduced a Rs 40,000 Standard Deduction for salaried employees and pensioners.
  3. Jaitley announced a ‘National Health Protection scheme’ to provide health cover of upto Rs 5 lakh to each of the 10 crore poor family per year.
  4. Jaitley announced allocation of Rs 600 crore towards nutritional support of tuberculosis patients.
  5. Jaitley announced 100% tax deduction for farm producer firms with Rs 100 crore turnover.

But the problem is that many people doesn’t understand a lot of terms said by Mr Jaitley.

So, our favourite Twitter takes the charge and explained a lot of things about Union Budget by memes.

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