Govt says reducing tax for middle class always a priority

FM says Rs 1.30 lk cr undisclosed income brought under the tax net

India poised to become $5 tn economy in next 5 years

Fiscal Deficit for FY 19-20 3.4%

Rs 38,572 Cr allocated for National Education Mission

Tax Collections increased significantly. Return filing also increased.

99.54% of Income Tax returns filed last year accepted by department

Return processed in 24 hours

Digital Scrutiny of tax files

FM says looking to increase container cargo transport on Brahmaputra River

Domestic air traffic doubled in last 5 years: FM

Indian Railways budget outlay Rs1,48,658 crore

Govt allocates Rs 64,587 crore for Railways in FY 19-20

Entertainment Industry – Single Window for Domestic Film

Access to capital to become easier for MSMEs

Gratuity Limit Increased to Rs.30 Lakh

Mega Pension Scheme for Un-Organised Pension Scheme for organised sectors having income below Rs.15,000/-. till 60 years and Govt will contribute equal contribution. For a person of 29 years age, monthly contribution will be Rs.100/-. Rs.3000/- pension after 60 years.

Govt announces 8 crore free LPG connections under ‘Ujjwala’ Yojana

2% interest subvention on MSME loans with ticket size of Rs 1 cr

New PM Kisan Samman Scheme positive for farm equipment sector

Defence Budget increased to Rs 3 lakh crore

Assured Income Support for Small and marginal farmers holding up-to 2 Hectares – New Scheme Launched – Rs.6000/- to farmers by Direct Account Transfer Scheme in 3 installments of Rs.2000 each. A wholly Central Govt Sponsored Scheme. Rs.75000 crore for FY 2019-20 and Rs.20000 crore in current year and the same will be implemented this year itself.

Rs.750 crores for Animal Husbandry and Fisheries for 2018-19

Fisheries – Seperate Department will be constituted. Benefit of 2% interest subvention for Animal Husbandry and fisheries.Additional 3% interest subvention for timely repayment.

All farmers affected by national calamity, who reschedule loan will get 2% interest subvention and 3% interest subvention for rescheduled period als0.

Extracts from FM Budget Speech

Address problems of NPA with confidence

Poor have 1st right of Nation’s resources

Construction of Rural Roads tripled under NDA

Rs.19000 crores to Pradanmantri Gramin Sadak Yojana for Rural Roads

Every household electrified. 1,53,000 houses electrified

Health care – 10 Lakhs benefitted from Ayushman Bharath Scheme since launch

AIIMS in state of Haryana

Housing for all, water, Universal health care, Double Farmers Income by 2022 is the aim

Controlled Inflation by Government

Fiscal deficit bought down

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Finance minister Piyush Goyal started presentation of Budget..