Making several announcements to boost Indian economy in a 32-slide presentation, Finance Minister Nirmala Sitharaman today said government has decided to withdraw surcharge on FPI and angle tax on startups. Among other important announcements, Sitharaman said the CSR violations wouldn't be treated as criminal offence and all pending GST refunds will now be released within 30 days.To address slowdown in the auto sector, the government also announced a slew of measures on purchase of BS-IV vehicles and additional 15 per cent depreciation on vehicles.Here are some key announcements:* EnhancedSurcharge on domestic investors in equity markets also withdrawnfor openingaccounts and investment in* Govt working to bring offshore rupee market to domestic market.* Govt to consult with RBI to enhance Credit default swap options.would be treated as a civil offence,* All pendingtill now shall be paidto be paid* FM Sitharaman vows to simplify the GST system further.to remain operational for the entire period of registration.* Govt asks its departments to replace old vehiclesto June next year.Depreciation increased to 30 per cent for all vehicle purchased till March 2020.* Govt withdraws angle tax provision for startups and their investors.* One-time* Laws to be amended to ensure one MSME definition.. Banks have agreed to pass on the rate cut announced by RBI to customers.* Online tracking system for home, auto loans.to customers within 15 days of loan closure.* FM vows steps toto beallmust be disposed off* Prepayment notices issued to NBFCs will be monitored by banks.* Additional liquidity to support Housing Finance Companies by National Housing Board increased to Rs 30,000 crore* Govt to release Rs 70,000 crore upfront for PSBs recapitalisation.* As Prime Minister Narendra Modi said, govt respects the wealth creators. Govt wants resolution not prosecution.* Task Force to be formed to finalise ways to fund infra projects; projects to be monitored actively to accelerate capital expenditure and investment.* Slowdown in consumption is not specific to India and emerging nations.* Current global GDP growth is expected at 3.2% and probably going to be revised downwards.* Indian growth is still higher compared to many countries.* China trade war and currency devaluation leading to volatile.