Union Budget 2014 Updates

SMS VARANASI

Kisan vikas patra to be reintroduced for planned and unplanned savings.

Cheaper housing loan & Tax incentive for LIG (low income group).

Insurance sector FDI to be hiked to 49% from 26%.

Introduction of standardised KYC norms across financial sector.

Introduction of single Demat account for all types of financial transactions.

PPF limit raised from 1 to 1.5 lakhs.

A special small saving scheme will be introduced to encourage savings towards education & marriage of girl child.

SMS VARANASI

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