Listing social enterprises and voluntary organizations:
To raise capital as equity, debt or as units like a mutual fund.
SEB1 to consider raising the threshold for minimum public shareholding in
the listed companies from 25 per cent
to 35 per cent.
Know Your Customer (KYC) norms for Foreign Portfolio Investors to
be made more investor friendly.
Government to supplement efTorts by RBI to get retail investors to
invest in government treasury bills and securities, with further
institutional development using stock exchanges.
Measures to make India a more attractive FDI destination:
FDI in sectors like aviation, media (animation, AVGC) and
insurance sectors can be opened further after multistakeholder examination.
Insurance Intermediaries to get 100 per cent FDI.
Local sourcing norms to be eased for FDI in Single Brand Retail
Government to organize an annual Global Investors Meet in India,
using National Infrastructure Investment Fund (NIIF) as an anchor to get all
three sets of global players (pension, insurance and sovereign wealth
Statutory limit for FPI investment in a company is proposed to be
increased from 24 per cent to sectoral foreign investment limit. Option to
be given to the concerned corporate to limit it to a lower threshold.
FPIs to be permitted to subscribe to listed debt securities issued
by RelTs and InvITs.
NRI-Portfolio Investment Scheme Route is proposed to be merged
with the Foreign Portfolio Investment Route.
Cumulative resources garnered through new financial instruments
like Infrastructure Investment Trusts (InvITs), Real Estate Investment
Trusts (REITs) as well as models like Toll Operate-Transfer (ToT) exceed Rs.
Tax Simplification and Ease of living - making compliance easier
by leveraging technology:
Interchangeability of PAN and Aadhaar
Those who don’t have PAN can file tax returns using Aadhaar.
Aadhaar can be used wherever PAN is required.
Pre-filing of Income-tax Returns for faster, more accurate tax
Pre-filled tax returns with details of several incomes and
deductions to be made available.
Information to be collected from Banks, Stock exchanges, mutual
Faceless e-assessment with no human interface to be launched.
To be carried out initially in cases requiring verification of
certain specified transactions or discrepancies.
Ease of Living
About 30 lakh workers joined the Pradhan Mantri Shram Yogi
Maandhan Scheme that provides Rs. 3.000 per month as pension on attaining
the age of 60 to workers in unorganized and informal sectors.
Approximately 35 crore LED bulbs distributed under UJALA Yojana
leading to cost saving of Rs. 1 8.341 Crore annually. Solar stoves and
battery chargers to be promoted using the approach of LED bulbs mission.
A massive program of railway station modernization to be launched.
Naari Tu Narayani/Women
Approach shift from women-centric-policy making to women-led
initiatives and movements.
A Committee proposed with Government and private stakeholders for
moving forward on Gender budgeting.
Women SHG interest subvention program proposed to be expanded to
Overdraft of Rs. 5.000 to be allowed for every verified women SHG
member having a Jan Dhan Bank Account.
One woman per SHG to be eligible for a loan up to Rs. 1 lakh under
India's Soft Power
Proposal to consider issuing Aadhaar Card for NRIs with Indian
Passports on their arrival without waiting for 180 days.
Mission to integrate traditional artisans with global markets
proposed, with necessary patents and geographical indicators.
18 new Indian diplomatic Missions in Africa approved in March,
2018. out of which 5 already opened. Another 4 new Embassies intended in
Revamp of Indian Development Assistance Scheme (IDEAS) proposed.
17 iconic Tourism Sites being developed into model world class
Present digital repository aimed at preserving rich tribal
cultural heritage, to be strengthened.
TDS of 2 per cent on cash withdrawal exceeding Rs. 1 crore in a year from a
Business establishments with annual turnover more than Rs. 50
crore shall offer low cost digital modes of payment to their customers and
no charges or Merchant Discount Rate shall be imposed on customers as well
Mega Investment in Sunrise and Advanced Technology Areas
Scheme to invite global companies to set up mega-manufacturing
plants in areas such as Semi-conductor Fabrication (FAB). Solar Photo
Voltaic cells. Lithium storage batteries. Computer Servers. Laptops, etc.
Investment linked income tax exemptions to be provided along with
indirect tax benefits.