{"id":418,"date":"2019-02-02T14:32:30","date_gmt":"2019-02-02T14:32:30","guid":{"rendered":"https:\/\/www.youngistanjunction.com\/?p=418"},"modified":"2019-02-02T14:34:15","modified_gmt":"2019-02-02T14:34:15","slug":"union-interim-budget-2019-summary-with-major-highlights","status":"publish","type":"post","link":"https:\/\/www.youngistanjunction.com\/union-interim-budget-2019-summary-with-major-highlights\/","title":{"rendered":"Union Interim Budget 2019 Summary With Major Highlights"},"content":{"rendered":"<p>Union Interim Budget 2019 Summary With Major Highlights : Ahead of the general elections on 2019 the\u00a0Union Finance Minister Piyush Goyal presented the 2019 interim budget in the parliament yesterday. The budget is fully focused on farmers, salaried taxpayers, and informal works. We are going to discuss the summary and major highlights of the budget sector wise.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69_1 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<p class=\"ez-toc-title\">On This Page<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-673b85d19eb84\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-673b85d19eb84\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.youngistanjunction.com\/union-interim-budget-2019-summary-with-major-highlights\/#Tax_Benefits\" title=\"Tax Benefits\u00a0\">Tax Benefits\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.youngistanjunction.com\/union-interim-budget-2019-summary-with-major-highlights\/#Agriculture_Sector\" title=\"Agriculture Sector\u00a0\">Agriculture Sector\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.youngistanjunction.com\/union-interim-budget-2019-summary-with-major-highlights\/#Railway_Sector\" title=\"Railway Sector\">Railway Sector<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.youngistanjunction.com\/union-interim-budget-2019-summary-with-major-highlights\/#MGNREGA\" title=\"MGNREGA\">MGNREGA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.youngistanjunction.com\/union-interim-budget-2019-summary-with-major-highlights\/#Health_Sector\" title=\"Health Sector\">Health Sector<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.youngistanjunction.com\/union-interim-budget-2019-summary-with-major-highlights\/#Entertainment_Sector\" title=\"Entertainment Sector\">Entertainment Sector<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.youngistanjunction.com\/union-interim-budget-2019-summary-with-major-highlights\/#Labour_Sector\" title=\"Labour Sector\">Labour Sector<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.youngistanjunction.com\/union-interim-budget-2019-summary-with-major-highlights\/#Other_Announcement\" title=\"Other Announcement\u00a0\">Other Announcement\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<h5><span class=\"ez-toc-section\" id=\"Tax_Benefits\"><\/span><strong>Tax Benefits\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<ul>\n<li>Existing tax rates are same and they will continue.<\/li>\n<li>No need to pay taxes for the income upto 5 lakhs.<\/li>\n<li>Standard Deduction is to be raised from the current Rs.40,000 to Rs.50,000.<\/li>\n<li>23 thousand crore tax relief for more than 3 crore middle class tax payers.<\/li>\n<li>TDS threshold on interest earned on bank\/post office deposits is to be raised from Rs. 10,000 to Rs.40,000.<\/li>\n<li>TDS threshold for deduction of tax on rent is proposed to be increased from Rs. 1,80,000 to Rs.2,40,000.<\/li>\n<li>Exemption on levy of income tax on notional rent on a second self-occupied house.<\/li>\n<\/ul>\n<h5><span class=\"ez-toc-section\" id=\"Agriculture_Sector\"><\/span><strong>Agriculture Sector\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-419\" src=\"https:\/\/www.youngistanjunction.com\/wp-content\/uploads\/2019\/02\/Pradhan-Mantri-Kisan-Samman-Nidhi-PM-KISAN.png\" alt=\"\" width=\"600\" height=\"452\" srcset=\"https:\/\/www.youngistanjunction.com\/wp-content\/uploads\/2019\/02\/Pradhan-Mantri-Kisan-Samman-Nidhi-PM-KISAN.png 600w, https:\/\/www.youngistanjunction.com\/wp-content\/uploads\/2019\/02\/Pradhan-Mantri-Kisan-Samman-Nidhi-PM-KISAN-300x226.png 300w, https:\/\/www.youngistanjunction.com\/wp-content\/uploads\/2019\/02\/Pradhan-Mantri-Kisan-Samman-Nidhi-PM-KISAN-80x60.png 80w, https:\/\/www.youngistanjunction.com\/wp-content\/uploads\/2019\/02\/Pradhan-Mantri-Kisan-Samman-Nidhi-PM-KISAN-558x420.png 558w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p>\n<ul>\n<li>Launch of new scheme PM-KISAN i.e Pradahan Mantri KIsan SAmman Nidhi<\/li>\n<li>Under PM- KISAN direct income support of Rs 6,000 Per year to over 12 crore small and marginal farmers.<\/li>\n<li>Rs. 75,000 cr. In outlay for the year 2019-20 and Rs. 25,000 CR. IN RE for the year 2018-19<\/li>\n<li>Creation of separate department of fisheries, for the betterment of 1.5 crore fishermen.<\/li>\n<li>Allocation of Rs.750 crore for Rashtriya Gokul Mission<\/li>\n<li>Starting new group Rashtriya Kamdehnu Aayog for genetic up gradation of cow resources.<\/li>\n<li>2% interest subvention to the farmers pursuing the activities of animal husbandry and fisheries.<\/li>\n<\/ul>\n<h5><span class=\"ez-toc-section\" id=\"Railway_Sector\"><\/span><strong>Railway Sector<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p><img decoding=\"async\" class=\"alignnone wp-image-420 size-full\" src=\"https:\/\/www.youngistanjunction.com\/wp-content\/uploads\/2019\/02\/Railways-Back-on-track.jpg\" alt=\"Union Interim Budget 2019 Summary With Major Highlights\" width=\"473\" height=\"498\" srcset=\"https:\/\/www.youngistanjunction.com\/wp-content\/uploads\/2019\/02\/Railways-Back-on-track.jpg 473w, https:\/\/www.youngistanjunction.com\/wp-content\/uploads\/2019\/02\/Railways-Back-on-track-285x300.jpg 285w, https:\/\/www.youngistanjunction.com\/wp-content\/uploads\/2019\/02\/Railways-Back-on-track-399x420.jpg 399w\" sizes=\"(max-width: 473px) 100vw, 473px\" \/><\/p>\n<ul>\n<li>Vande Bharat Express launched with world class experience, service and safety.<\/li>\n<li>Capital support from the budget for Indian Railways is proposed at Rs.64,587 crore in 2019-20 (BE).<\/li>\n<li>Overall capital expenditure programme of railway is of Rs. 1,58,658 crore.<\/li>\n<li>Increase of more than 2% in operating ratio is expected, from 96.2% to 98.4%.<\/li>\n<\/ul>\n<h5><span class=\"ez-toc-section\" id=\"MGNREGA\"><\/span><strong>MGNREGA<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<ul>\n<li>60 Thousand Crore allocation for MGNREGA in BE 2019-20<\/li>\n<\/ul>\n<h5><span class=\"ez-toc-section\" id=\"Health_Sector\"><\/span><strong>Health Sector<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<ul>\n<li>22nd AIIMS to be setup in India.<\/li>\n<\/ul>\n<h5><span class=\"ez-toc-section\" id=\"Entertainment_Sector\"><\/span><strong>Entertainment Sector<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<ul>\n<li>Single window clearance access to Indian film makers.<\/li>\n<li>Ease of shooting films<\/li>\n<li>Introducing anti-camcording to stop piracy during cinematograph Act.<\/li>\n<\/ul>\n<h5><span class=\"ez-toc-section\" id=\"Labour_Sector\"><\/span><strong>Labour Sector<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<ul>\n<li>Introducing new scheme Pradhan Mantryi Shram Yogi Maandhan (PMSYM)<\/li>\n<li>Under PMSYM unorganized sector workers get monthly pension of 3,000, it will benefit of 10 crore workers.<\/li>\n<li>Rs 3,000 per month pension after age of 60 Yrs. with an affordable contribution of 100\/55 rs.<\/li>\n<\/ul>\n<h5><span class=\"ez-toc-section\" id=\"Other_Announcement\"><\/span><strong>Other Announcement\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<ul>\n<li>25% additional seats in educational institutions.<\/li>\n<li>More than 1 Lakh digital villages to be made in coming 5 years.<\/li>\n<li>The minimum pension increased to 1000.<\/li>\n<li>Gratuity cap doubles upto Rs. 20 lakh.<\/li>\n<li>Meghalaya, Tripura and Mizoram comes to Indian map for the first time.<\/li>\n<li>All willing hosueholds to have electricity by march 2019.<\/li>\n<\/ul>\n<p>Join the debate on yj forum , If You have any questions, please feel free to ask in comment box, for fast and real reply join the forum for free\u00a0<strong><a href=\"https:\/\/ask.youngistanjunction.com\/\">Youngistan Junction Forum<\/a><\/strong><\/p>\n<p>We hope you are a youth and we have to join the hands with you , to make you better, So Keep visiting\u00a0<strong><a href=\"https:\/\/www.youngistanjunction.com\/\">Youngistan Junction<\/a><\/strong>\u00a0As our moto is to make you better.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union Interim Budget 2019 Summary With Major Highlights : Ahead of the general elections on 2019 the\u00a0Union Finance Minister Piyush Goyal presented the 2019 interim budget in the parliament yesterday. The budget is fully focused on farmers, salaried taxpayers, and informal works. We are going to discuss the summary and major highlights of the budget [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"class_list":["post-418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-news"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Union Interim Budget 2019 Summary With Major Highlights<\/title>\n<meta name=\"description\" content=\"Union Interim Budget 2019 Summary With Major Highlights key features simple point wise explantion current affairs new budget 2019 bjp elction help hindi\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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