Budget Speech

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Budget Speech - Total results - 68
Interim Budget 2019 PDF: Full text of Piyush Goyal's speech in Parliament; finance minister dangles pre-poll carrot for middle class ; download here
Business

Interim Budget 2019 PDF: Full text of Piyush Goyal's speech in Parliament; finance minister dangles pre-poll carrot for middle class ; download here

In a clear pre-poll sop for the middle class, Finance Minister Piyush Goyal said that the government proposes to raise the income tax exemption limit to Rs 5 lakh, but left the implementation to the next government in the full-fledged budget. It has also proposed to raise the standard deduction to Rs 50,000.

Budget 2019: Farm relief package of Rs 75,000 cr targetted at small and marginal farmers, says Finance Secretary
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Budget 2019: Farm relief package of Rs 75,000 cr targetted at small and marginal farmers, says Finance Secretary

Along with the relief package for farmers, the government has initiated a range of measures to boost agriculture.

Budget 2019: Raising income tax exemption limit to Rs 5 lakh will give relief to many; ensure more savings and investments
Business

Budget 2019: Raising income tax exemption limit to Rs 5 lakh will give relief to many; ensure more savings and investments

One very important move in Budget 2019 is that income tax returns will now be processed within 24 hours and refunds will be initiated immediately.

Budget 2019: Narendra Modi govt has gone back to Congress' 'Garibi Hatao' in same tax-and-spend way
Business

Budget 2019: Narendra Modi govt has gone back to Congress' 'Garibi Hatao' in same tax-and-spend way

Filling in for Finance Minister Arun Jaitley, who is ailing and under medical treatment in the United States, Piyush Goyal said he was presenting an interim Budget but tabled a full-fledged on

Budget 2019: Law Ministry gets additional Rs 666.66 crore for conducting Lok Sabha polls
India

Budget 2019: Law Ministry gets additional Rs 666.66 crore for conducting Lok Sabha polls

The Law Ministry has been allocated an additional sum of over Rs 666 crore for conducting Lok Sabha elections due this summer.

Direct tax collection exceeds target in FY19, pegged at Rs 13.80 lakh cr in FY20; mop-up from customs crosses target
Business

Direct tax collection exceeds target in FY19, pegged at Rs 13.80 lakh cr in FY20; mop-up from customs crosses target

As per the 2019-20 Budget estimates, out of the Rs 13.80 lakh crore direct taxes, the government aims to raise Rs 7.60 lakh crore from corporate tax and Rs 6.20 lakh crore from PIT.

Narendra Modi says Budget 2019 merely a 'trailer' of what will guide India to prosperity after Lok Sabha polls
India

Narendra Modi says Budget 2019 merely a 'trailer' of what will guide India to prosperity after Lok Sabha polls

Prime Minister Narendra Modi on Friday said the interim budget is merely a "trailer" of what will guide India towards prosperity after the Lok Sabha polls and described it as something which will benefit all sections of the society.

Budget 2019: Govt plans to mop up Rs 90,000 cr from CPSE share sale in FY20; confident of crossing previous year’s target
Business

Budget 2019: Govt plans to mop up Rs 90,000 cr from CPSE share sale in FY20; confident of crossing previous year’s target

The government, which has already raised around Rs 36,000 crore from disinvestment so far in the current fiscal, expects to raise another Rs 44,000 crore from share sale in state-owned companies in the two months till March 2019.

Budget 2019: Things to watch for in the new mega pension scheme; will it make Atal Pension Yojana redundant?
Business

Budget 2019: Things to watch for in the new mega pension scheme; will it make Atal Pension Yojana redundant?

The Atal Pension Yojana levies heavy penalties for delay in paying monthly contributions, or inability to pay contributions for certain months.

Budget 2019: Income tax rebate hiked for income up to Rs 5 lakh; here is how much you will save now
Business

Budget 2019: Income tax rebate hiked for income up to Rs 5 lakh; here is how much you will save now

Finance Minister Piyush Goyal on Friday doled out tax sops to middle class including doubling of income tax exemption limit to Rs 5 lakh and raising standard deduction to Rs 50,000, and provided concessions on interest income from bank deposits and rent.

Yogi Adityanath calls Union Budget 2019 'Independent India's greatest ever', says it will fulfil nation's dreams
India

Yogi Adityanath calls Union Budget 2019 'Independent India's greatest ever', says it will fulfil nation's dreams

Uttar Pradesh Chief Minister Yogi Adityanath on Friday said that the interim budget announced by the Narendra Modi-led government is independent India’s greatest-ever, adding that it promised to fulfil the dreams of a new India.

Budget 2019: Piyush Goyal terms financial help a major relief for small, marginal farmers
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Budget 2019: Piyush Goyal terms financial help a major relief for small, marginal farmers

Goyal said that the Centre would request the state governments to give list of farmers with less than 2 hectares of land holding, so that small and marginal farmers can enjoy these benefits

Budget 2019 Updates: Opposition terms interim budget a 'jumla'; Congress says Narendra Modi giving a vision of 10 yrs at end of tenure
Business

Budget 2019 Updates: Opposition terms interim budget a 'jumla'; Congress says Narendra Modi giving a vision of 10 yrs at end of tenure

Budget 2019 LIVE: Rajasthan chief minister Ashok Gehlot termed the budget as another 'jumla' of the Narendra Modi government. The Opposition has been targeting the interim budget calling it an exhibition of hollow dreams. Gehlot said that Narendra Modi was showing people dreams for the next 10 years when in reality, his term is going to end soon.

Budget 2019: Income up to Rs 5 lakh exempt from tax, farmers to get annual cash dole of Rs 6,000
Business

Budget 2019: Income up to Rs 5 lakh exempt from tax, farmers to get annual cash dole of Rs 6,000

Making a strong re-election pitch, the BJP-led NDA government Friday announced the biggest income tax sops for the middle class, including a complete exemption for income up to Rs 5 lakh, and Rs 6,000 annual cash dole to poor farmers in a scheme that will cost Rs 75,000 crore per year

Budget 2019: Finance minister Piyush Goyal proposes to hike TDS threshold on rent income to Rs 2.4 lakh
Business

Budget 2019: Finance minister Piyush Goyal proposes to hike TDS threshold on rent income to Rs 2.4 lakh

Finance Minister Piyush Goyal on Friday proposed to increase tax deducted at source (TDS) limit on rent income to Rs 2.4 lakh from the current Rs 1.80 lakh

Budget 2019 in graphics: Narendra Modi govt steps up rural funding in last budget before Lok Sabha elections, deficit rises
Business

Budget 2019 in graphics: Narendra Modi govt steps up rural funding in last budget before Lok Sabha elections, deficit rises

The Interim Budget presented by Finance Minister Piyush Goyal unveiled an interim budget with giveaways for rural citizens and tax benefits for the middle class, in what is being seen as a critical test for Prime Minister Narendra Modi, who is facing anger over depressed farm incomes and unemployment with a general election just months away.

Union Budget 2019: Govt's contribution to employees' provident fund to go up to 14% from 10%, gratuity ceiling hiked to Rs 20 lakhs
India

Union Budget 2019: Govt's contribution to employees' provident fund to go up to 14% from 10%, gratuity ceiling hiked to Rs 20 lakhs

Interim Finance Minister Piyush Goyal on Friday announced in his Interim Budget speech that the government will now increase its contribution to employees' provident fund to 14% from the earlier 10% while keeping the contribution of workers intact at 10%.

Union Budget 2019: Piyush Goyal lauds UDAN success, reiterates govt's focus on connectivity in North East
Business

Union Budget 2019: Piyush Goyal lauds UDAN success, reiterates govt's focus on connectivity in North East

Interim Finance Minister Piyush Goyal on Friday utilised his budget speech by drawing attention to the success of the UDAN regional air connectivity scheme of the Narendra Modi-government and insisting that the government had the North East in mind.

Budget 2019 is more than lip service for middle class; 100% tax rebate for those earning up to 5 lakh is substantial
Business

Budget 2019 is more than lip service for middle class; 100% tax rebate for those earning up to 5 lakh is substantial

Non-senior citizens have now been spared of the TDS rigor upto Rs 40,000 but without any income tax exemption upto Rs 40,000.