* Finance Minister Arun Jaitley presents Union Budget for 2016-17. Highlights are: Higher allocation for agriculture, infrastructure and social sectors.
* No change in Income Tax rates; Relief to small tax payers up to 5 lakh rupees; Surcharge hiked from 12 to 15 % above the income of one crore rupees; Dividend above 10 lakh rupees to attract to 10%.
* Concealed Income Disclosure Scheme from 1st June to September.
* Sovereign gold bonds and Gold monetization to get tax benefit.
Half percent Krishi Kalyan Cess on Service Tax to promote agriculture.; Interest subvention to farmers continue.
* Incentives to affordable housing and new home buyers.
Upto 49% FDI allowed in insurance and pension sectors.
* Electronic items, machinery, paper, footwear to cost less.
Industrial solar heater, imitation jewellery to cost more.
* Fiscal deficit pegged at 3.5 percent.
* 'Spotlight' adjudged Best film at the 88th Academy awards in Los Angeles; Leonardo DiCaprio gets Best Actor Award for 'The Revenant'.