Budget 2018 is already announced by Arun Jaitley that was last full budget of the incumbent BJP lead NDA government before Lok Sabha election 2019.

This time budget was a special event it was released post GST implementation.

Tax relief inflation control and social security was major demand by the common man

Finance minister has failed in fulfilling the requirement in budget 2018.

I think its not a good budget.

No big announcement

No change in income tax rate in today shop long term capital gain tax for profit above 100000 in the stock market.

Overall hit it can be said that no acche Din for common man

Key point of union budget 2018- 19

The government will contribute 12% of wages of new employees in EPF for all sector for all the next 3 lakh crore in next 4 year.

Union budget introduction of new National Health Protection Scheme to cover 10 crore poor and vulnerable families by providing upto 5 lakh per family per year.

The government insurance company will be merged into the single entity and subsequently listed in the stock exchange.

No change in personal income tax rate of salaried class.

Review on union budget 2018

It was expected that tax exemption limit will be enhanced from 2.5 lakh to 4 lakh how u Eva this limit was not modified.

Only standard reduction of 40000 towards transport and medical reimbursement is introduced.

This is against Alia exemption of transport allowances 19200 and medical rate 15000 overall against 34200 limit is set to 40000 this mean benefit of 5802 word deduction. Jasmine benefits of 5800 toward reduction over all for tax saving it is like peanuts.

Another lead relief to senior citizen age increase in the limit of deduction for medical expenditure of certain critical illness to 1 lakh under section 80ddb.

Introduce of long term capital gain 10% for profit Evoque red one lack of stock and mutual fund Investments.