Union Budget India
On Friday (05 July 2019) Finance Minister Nirmala Sitharaman presented Budget in parliament. Here through this page we are providing you the Key Highlights of the Union Budget India 2019. You can check the complete point from this page. For your conviniece we have provided the Budget highlights in point. So go through the below provided point and check the आम बजट के मुख्य बिंदु in English.
Key Highlights Of Union Budget India
- Custom duty on imported books has been increased by 5 percent
- Custom duty on auto parts and CCTV increased, custom duty on gold and other metals also increased to 12.5 percent.
- Petrol-diesel will be expensive; it will take 1 percent additional cess.
- Surcharge will increased to 3 percent for 2 to 5 crore income.
- On income form for 2 to 5 crore Surcharge will increased to 3 percent
- No tax on income up to 5 lakhs
- There is no relief to the common taxpayer in the tax.
- In the General Budget, tax burden is increased on the rich, 7 per cent additional tax on income of more than 50 crore will imposed.
- The exemption limit on interest on housing loan has been increased from 2 to 3.5 lakh.
- Offer of 2 percent TDS on withdrawal of more than 1 crore in one year from bank account.
- In the next 5 years government will invest Rs 100 lakh crore in infrastructure
- Big news in the budget for middle class - 1.5 lakh additional rebate on buying a house of 45 lakhs
- More than 120 million Indians will be able to pay the tax on basis basis from Aadhar card.
- Talking about the banking sector, a loan of 4 lakh crore has been recovered. One lakh crore fall in NPA The position of the government banks Improved.
- The companies who have a turnover up to 400 crore now have to pay 25 percent Corporate tax
- The government has planned to invest Rs 100 lakh crore in infrastructure in the next 5 years.
- Know the India annual quiz contest which was organized not only by Indians but also by foreigners. NRI no longer needs 180 days to wait. Aadhaar card will be given after arrival of NRI in India.
- This government encourages women. Emphasis on women to improve the situation
- Women voted in large numbers this time.
- Under the money scheme, loans up to one lakh will be provided to women.
- Women's vital role in rural economy, Accounts of women will be opened under the Jan-Dhan Yojana.
- New education policy will be brought to India 5 years ago, there was no university of India in the top 200 in the university ranking. Now there are 3 institutions in the top 200. This has happened because of our efforts. Efforts will continue to improve. The National Research Foundation will also be built.
- Play India scheme will be expands, National Sports Board will be established under this scheme.
- 35 million bulbs will be distributed under Ujala scheme. Saving 18,341 crores annually
- It is the government's work to ensure adequate water to all Indians while ensuring water security of India, the main step has been taken.
- There will be extensive investment in agriculture, many programs are available for making Anandara an energetic Plan to create 10000 organizations in the next 5 years, there will be no need to bring the budget for the farmers in the coming time.
- The goal of building 135KM road every day, roads connecting villages with rural markets will be created.
- Socio-economic benefits in the rural areas through the Pradhan Mantri Gram Sadak Yojana, the benefits received from the villages from PM Road Scheme
- Economy in the last 5 years was increased to $ 2.7 trillion
- This time the name of the budget was changed to bookkeeping
- The idea of providing loans to small shopkeepers in 59 minutes
- 100 percent foreign investment will be made in insurance sector
- Consider the pension for retailers.
- Government will work on plans for national grid for water and gas
- The need to work hard on infrastructure and infrastructure
- Indian economy is the world's sixth largest economy
- There will be $ 3 trillion dollars Economy by the end of the year
- Work has begin to give home to everyone
- Change plan for electricity
- Approval of 300 kilometer metro rail in 2019-20
- Toilets built in all houses for women's dignity
- Reached the economy of $ 2.7 trillion in 45 years
- We are known as wealth creators.
- Similarity of purchasing power
- Common man will able to travel by air under air travel scheme.
- Help in the development of national road corridors and highways from Bharatmala
- 300 km new metro project in 2018-19
- Smaller cities were also added by flying plan
- The licensing regime ended in the country.
- Electric vehicles got encouragement.
- The movement of cargo on river Ganges will increase by about 4x in the next 4 years.
- Investments of 50 lakhs in Railways in 12 years
- Ideal rent law will be made and states will be notified the same.
- Investment from PPP in Railways
- Small industries will get 1 crore loan arrangements in 59 seconds
- The law will be made for a rented house.
- 20 million investment per year required
- India is now providing jobs
- Money exchange changed lives of people
- Need investment in industries for employment
- India will connect India through Mala and Sagarmala project, waterways and flight schemes
- A total of 300 km new metro rail project in 2018-19, 650 km Metro
- Target of 50 lakh crore investment in railways in 12 years, money from PP model will come
- Enhancing 4x cargo on river Ganga
- Emphasis on the use of government departments' land
- FDI 100% media, in insurance
- Yearly $ 2 million investment compulsory
- The limit of investment in single brand retail will increase
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