Employees Income Tax sealing limit has been increased from present Rs.2 lakhs to 2.5 lakhs, declares Union Finance Minister Arun Jaitli today. He also raised the senior citizens sailing limit of income tax to Rs.3 lakhs. The same way tax limit under 80 CC has been increased to Rs. 1.5 lakhs. He said that Government will encourage the people to have at least two bank accounts in each house.

Other Highlights:

1. Employment exchanges to provide counseling for selection of jobs.

2. Rs.100 crores allocated for setting up Sports University in Manipur

3. Shooting, Archery, Boxing Training Academies to be set up

4. National Sports Academy to be set up

5. Annual Event for promoting sports events with neighbouring nations

6. Rs.3000 crores set aside for modernization of state police

7. Rs.2500 crores allotted for boarder security.

8. One rank one pension for soldiers

9. Rs. 1.5 lakh enhancement for PPF

10. Rs.100 Crores for studying to link rivers

11. Rs.2037 crores allocated for cleansing River Ganga under Ganga Namami project.

12. 100 crores for ghat development

13. Rs.100 crores for Himalayan studies

14. IITs in Jammu & Kashmir, Andhra, Kerala, Chattishgarh.

15. 990 crores for socio-economic development of villages along border.

16. 100 crores set aside to develop Archaeological sites to world class level.

17. Space mission: GSLV MK3 , PSLY launches planned for 2014