<h1>Indian Budget 2016-2017: Focus on Economic Resilience, Tax Reforms, and Infrastructure Growth Amid Global Slowdown.</h1> The 2016-2017 Indian Budget, presented amidst a global economic slowdown, emphasizes India's resilience and growth potential. Key highlights include a GDP growth acceleration to 7.6% and a reduction in CPI inflation to 5.4%. The budget prioritizes macroeconomic stability, domestic demand, and economic reforms. It outlines nine pillars for transformation, including agriculture, rural development, social welfare, education, infrastructure, financial sector reforms, governance, fiscal discipline, and tax reforms. Initiatives include increased agricultural credit, health insurance for the poor, digital literacy, and infrastructure investments. Tax reforms aim to simplify compliance and boost growth, with a focus on small taxpayers and startups.