Budget 2018 – Key Highlights

* Arun Jaitley says that the government does not propose any changes in tax slabs this year. * FM proposes a fiscal deficit of 3.3% of GDP for 2018-19. * Finance Minister Arun Jaitley proposes revising emoluments as per the following structure: — Rs 5 lakh for the President of India — Rs 4 lakh for the Vice President — Rs 3.5 lakh for the Governors * Jaitley also proposes automatic revision of emoluments of Parliamentarians every five years, indexed to inflation. * We have already exceeded our disinvestment target,…

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