BUDGET 2019-20 LIVE : PIYUSH GOEL WITH BUDGET AT PARLIAMENT
Dear friends, today budget for the year 2019-20 will be present by finance minister Piyush Goel.
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MAIN POINTS FROM BUDGET 2019-20 :
(1) It was an agriculturist spending plan. Finance Minister on Friday reported an alleviation bundle of Rs 75,000 crore under another plan titled, PM Kisaan Samman Nidhi.
This was for troubled ranchers who have seen their salaries stagnate in light of diving costs, scarcely enough to pay for advances and info costs. As a major aspect of the bundle, which incorporates a pay bolster conspire, the administration will exchange an aggregate of Rs 6,000 every year to ranchers who claim up to 2 hectares of land.
(2) For individual pay citizens and workers
(a) For the Year 2019-20, No any Income tax is to be payable for the individuals who procure a salary underneath Rs 5 lakhs. b) Apart from this, there is standard reasoning (deductions), which has been raised from Rs 40,000 to Rs 50,000, which is another enormous positive. c) The legislature has additionally reported a super benefits to conspire named as Pradhan Mantri Shram Yogi Mandhana Yojna, went for covering workers who are utilized in both the chaotic just as composed segment and having a month to month pay of Rs 15,000. The plan guarantees a month to month annuity of Rs 3,000 post-retirement at 60 years old years.
(3) No any tax on Fixed Deposits Up to interest income up to Rs. 40000/-
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