Indian Budget-2019

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Indian Budget-2019 - Total results - 50
Amit Shah says Union Budget proves that Narendra Modi government is dedicated to the poor, farmers, youths
Business

Amit Shah says Union Budget proves that Narendra Modi government is dedicated to the poor, farmers, youths

Shah told reporters that the budget will spur growth, generate employment and also provide relief to the middle class, farmers and poor workers among others.

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.

Railway Budget 2019 Highlights: Railways get highest-ever funding; Centre announces Rs 1.58 lakh crore capital expenditure for sector
India

Railway Budget 2019 Highlights: Railways get highest-ever funding; Centre announces Rs 1.58 lakh crore capital expenditure for sector

Finance Minister Piyush Goyal said the operating ratio for Indian Railways is expected to improve from 98.4 percent in 2017-18 to 96.2 percent in 2018-19 and further to 95 percent in 2019-20.

Union Budget 2019: Piyush Goyal announces Rs 60,000 crore allocation to MNREGA scheme in bid to tackle unemployment
India

Union Budget 2019: Piyush Goyal announces Rs 60,000 crore allocation to MNREGA scheme in bid to tackle unemployment

In a bid to woo farmers, poor and the marginalised, Finance Minister Piyush Goyal on Friday announced a higher allocation of funds for their benefit.

Arun Jaitley compliments finance minister Piyush Goyal for 'excellent pro-farmer, pro-poor budget'
Business

Arun Jaitley compliments finance minister Piyush Goyal for 'excellent pro-farmer, pro-poor budget'

Union Minister Arun Jaitley on Friday complimented Piyush Goyal for delivering an excellent pro-farmer, a pro-poor budget which will also strengthen the purchasing power of the middle class

Union Budget 2019: Piyush Goyal announces initiative to enhance productivity of cattle, 2% interest subvention for disaster-hit farmers
India

Union Budget 2019: Piyush Goyal announces initiative to enhance productivity of cattle, 2% interest subvention for disaster-hit farmers

In the last Budget session of the NDA government, Finance Minister Piyush Goyal on Friday announced the setting up of 'Rashtriya Kamdhenu Ayog' for enhanced productivity of cattle.

Budget 2019: No tax for income up to Rs 5 lakh; standard deduction rises to Rs 50,000
Business

Budget 2019: No tax for income up to Rs 5 lakh; standard deduction rises to Rs 50,000

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

Budget 2019: FM says India to lead world in transportation sector as e-vehicles, energy storage devices set to play major role
Business

Budget 2019: FM says India to lead world in transportation sector as e-vehicles, energy storage devices set to play major role

E-vehicle sales in India are expected to be 30 percent of total sales by 2030. According to Niti Aayog estimates, e-vehicles sales are expected to touch around 25.36 million units in India in 2030.

Union Budget 2019-20: Piyush Goyal pegs defence budget at Rs 3 lakh crore; Rs 4,500 crore increase from last year
India

Union Budget 2019-20: Piyush Goyal pegs defence budget at Rs 3 lakh crore; Rs 4,500 crore increase from last year

Finance Minister Piyush Goyal said it is the first time that the Budget outlay has touched Rs 3 lakh crore mark. He said if more funds are required, those will be made available.

Budget 2019: 15.56 lakh loans worth Rs 7.23 lakh cr sanctioned under Mudra scheme, says finance minister
Business

Budget 2019: 15.56 lakh loans worth Rs 7.23 lakh cr sanctioned under Mudra scheme, says finance minister

Presenting the Budget for 2019-20 in the Lok Sabha, Goyal said more than 70 percent of Mudra scheme beneficiaries were women.

Union Budget 2019: FM Piyush Goyal says 10 lakh patients treated and given cheap medicines under Ayushman Bharat scheme
India

Union Budget 2019: FM Piyush Goyal says 10 lakh patients treated and given cheap medicines under Ayushman Bharat scheme

Finance Minister Piyush Goyal on Friday said 10 lakh patients have been treated so far under the Ayushman Bharat scheme, the world's largest health care programme.

Piyush Goyal's Budget 2019 includes 10-dimension 'Vision for India for 2030'; Digital India, better infra make list
Business

Piyush Goyal's Budget 2019 includes 10-dimension 'Vision for India for 2030'; Digital India, better infra make list

As he presented the Interim Budget 2019 of the NDA government, Union minister Piyush Goyal on Friday announced a 10-point 'vision for the next decade'.

Budget 2019: Informal sector's workers to get Rs 3,000 pension after 60 yrs of age, tax-free gratuity raised to Rs 30 lakh
Business

Budget 2019: Informal sector's workers to get Rs 3,000 pension after 60 yrs of age, tax-free gratuity raised to Rs 30 lakh

Besides, pension scheme for unorganised workers, Goyal also announced hiking of tax free gratuity to Rs 30 lakh from existing Rs 20 lakh for employees having service of more than five years.

Budget 2019: Aspire to become $10 trillion economy in next 8 years, says Piyush Goyal
Business

Budget 2019: Aspire to become $10 trillion economy in next 8 years, says Piyush Goyal

The government is laying out the vision for the most important dimensions for the next 10 years to make India a Rs 10 lakh crore economy

Budget 2019: Govt could contain double digit inflation, restrains it to average 4.6%: Piyush Goyal
Business

Budget 2019: Govt could contain double digit inflation, restrains it to average 4.6%: Piyush Goyal

He also said that the inflation came down to as low as 2.19 per cent in December 2018.

Budget 2019: India attracted massive foreign direct investment worth $239 bn in last 5 years, says finance minister
Business

Budget 2019: India attracted massive foreign direct investment worth $239 bn in last 5 years, says finance minister

The government has relaxed foreign investments norms in several sectors, including single-brand retail, defence, airlines and food processing

Union Budget 2019: Piyush Goyal announces cash support of Rs 6,000 per year for small, marginal farmers
India

Union Budget 2019: Piyush Goyal announces cash support of Rs 6,000 per year for small, marginal farmers

Under the scheme called Pradhan Mantri Kisan Samman Nidhi, Rs 6,000 will be transferred into bank accounts of farmers holding up to 2 hectares of land in three equal instalments.