6. Reforms In National Pension Scheme Under Section 80CCD: The FM Arun Jaitley introduced an additional deduction of 50,000 to contribute towards the New Pension Scheme of the central government under section 80CCD.

This new changes will lead to allow retirement benefits for all sections of the society and will ultimately boost the Indian economic conditions.

7. Relief For Transport Allowances: The transport allowance has been doubled from 800 to 1,600 per month. This will help individuals to cope up with the exponentially increasing transportation costs.

With this proposal the government is ensuring to benefit the common man and make a better India with enhancing the economic condition.   

Read More: Post Budget Reactions From The Financial Top Guns Of India

Student Aid Authority Will Rein In Rogue Banks