Interim Budget 2019
Staff Reporter | 19-02-02

? 6,000 rupees yearly direct support to farmers through PM-KISAN Programme.

? 3,000 rupees pension for unorganised sector workers earning upto 15,000 rupees through a mega Pension Scheme – Pradhan Mantri Shram- Yogi Maandhan.

? Present Income Tax rates to continue; Full tax rebate upto income of 5 lakh rupees for individual tax payers; Standard deduction raised to 50,000, a hike of 10,000 for salaried class.

? An All India Institute of Medical Sciences – AIIMS for Haryana.

? The fiscal deficit pegged at 3.4 percent of GDP are the highlight of the Interim Budget for 2019-20. 

? 2%- 5 % Interest subvention of farmers struck by natural calamities.

? 90 percent GST payers can file quarterly returns; Small and Medium Enterprises to get two percent interest rebate on incremental loan of one crore rupees; A Group of Ministers to examine GST burden on home buyers.

? 8 crore free LPG connections under the Ujjwala Yojana has been distributed.

? Loans worth Rs 7.23 lakh cr have been given under Mudra Yojana.

? Electricity connection to all willing families by next month.

? 1 lakh digital villages to be set up soon.

? Railway operating ratio is 96.2 % in FY19 Vs 95% in FY 18.

? Allocations to Defence budget crosses three lakh crore rupees for the first time.

? 18% increase in direct tax collections in 2017-18.

? Capital expenditure for FY20 is Rs 3.36 lakh crore.

? Over three lakh 38 thousand shell companies deregistered after demonetization.

? 10 point vision for 2030 to realize India’s social economic potential; 10 trillion dollars economy in 13 years.

? No tax on bank interest upto INR 40,000.

? TDS threshold on rental income raised from Rs 1,80,000 to Rs 2,40,000

? INR 90,000 crore disinvestment target for next FY.

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