Budget Highlights - 13

* Non-Plan expenditure in 2015-16 estimated at 1,312,200 crore; Plan expenditure estimated at Rs.465,277 crore * Tax collection in 2015-16 estimated at Rs.1,449,490 crore * Corporate tax to be reduced to 25 percent from 30 percent in four years * Rigorous imprisonment of up to 10 years for concealing income * Prevention of Money Laundering Act to be amended to provide for forfeiture of property in India if the one abroad cannot be attached