Institutions such as the English medium schools, private engineering and medical college value added tax from next year under the proposed finance minister said on Monday. And it will meet the additional costs involved with educational institutions in the country, the private.

He suggested that, in the English-medium schools will be imposed at the rate of 10 per cent from 7 per cent at moderate levels. At the same time private medical and engineering colleges will be brought under a new 10 percent tax on the Finance Minister said.

2015-16 two lakh 95 thousand 100 crore for the fiscal year national budget, the finance minister on Thursday afternoon, the last six years that I've been saying, "Our goal is to increase the revenue increase in the size of the budget. '

The total revenue of the year has been set at two million 8 thousand 443 crore, which is 12 percent of 1 percent of GDP. The National Board of Revenue (NBR) through 1 lakh 76 thousand 370 crore would be realized. NBR sources of non-tax revenue has been estimated at 5 thousand 874 crore. The non-tax revenue targets 6 thousand 199 crore from the industry.