Establishment of the National Investment and Infrastructure Fund (NIIF)
Raise in caps on foreign investment in the defense and insurance sectors from 26% to 49%
Proposal to reduce securities transaction tax on equity futures to 0.01% from 0.017%
Reintroduction of the long-term capital gains (LTCG) tax
Reduction in income tax from 10% to 5% for people earning between Rs 2.5 lakh and Rs 5 lakh
Goal to achieve 100% rural electrification by 1st May, 2018
Announcement of Digital Rupee Taxation on virtual assets
First paperless budget
PLI schemes outlay set as Rs 1.97 lakh crores
Announcement of LIC IPO
Introduction of a new tax regime with lower tax rates and fewer exemptions