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

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.

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

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