<h1>2016-2017 Budget Unveils Tax Changes, Economic Growth Strategies, and Streamlined Processes for Fiscal Stability.</h1> The Union Budget for 2016-2017, presented on February 29, 2016, included key features and highlights such as changes in service tax, central excise, cess, and customs. The Finance Act, 2016, and the Finance Bill, 2016, provided detailed clause-wise information and notifications. The budget aimed to address various economic sectors and introduced measures to streamline tax processes, impacting both direct and indirect taxes. The announcements were part of a broader fiscal strategy to enhance economic growth and stability.