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20 things Jaitley changed in India through this budget

Income Tax investigators given more power & carbon traders get concessions

Arun Jaitlye, Budget 2017, Finance Ministry
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Finance Minister Arun Jaitley. Photo: PTI

BS Web Team New Delhi
There were many things that Finance Minister Arun Jaitley said during his budget speech but there are many more that went unsaid. Here is a list of 20 things that could have a direct or indirect impact on your life: 

  • With regard to a foreign company, sale of leftover stock of crude oil in case of strategic petroleum reserve after the expiry of the agreement, subject to the fulfilment of certain conditions, shall not be liable to tax in India.
  • In case of income arising from sale of carbon credit, a concessional tax rate of ten per cent will be given
     
  • Government,

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