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Budget 2019: Full tax rebate allowed for income up to Rs 5 lakh

Finance Minister Piyush Goyal will present Budget 2019 in Parliament today.

twitter-logoBusinessToday.In | July 3, 2019 | Updated 18:20 IST
Budget 2019: Full tax rebate allowed for income up to Rs 5 lakh
FM Piyush Goyal
  • Rs 3 lakh crore allocated to defence sector
  • India has achieved over 98% rural sanitation coverage, says  Piyush Goyal
  • Within a short time of launch of Ayushman Bharat, nearly 10 lakh people have benefited and have saved around Rs 3,000 crore of their hard earned income
  • Under PM Ujjwala Yojana, a programme to give 8 crore free LPG connections to rural households, 6 crore connections given already
  • Mega Pension Yojana to provide assured monthly pension of Rs 3,000 per month for unorganised sector
  • Farmers having up to 2 hectare of land will get Rs 6,000 per year under the scheme
  • Pradhan Mantri Kisan Samman Nidhi scheme for farmers announced
  • 22nd AIIMS to be set up in Haryana, says FM Piyush Goyal
  • The government is commited to clean banking, says Goyal
  • FM Piyush Goyal says Rs 1,70,000 crore spent for bringing food at affordable rates to poor people
  • FM Piyush Goyal says govt working for housing for all poor by 2022
  • FM Piyush Goyal says India has become the fastest growing economy
  • FM Piyush Goyal starts his Budget speech
  • Union Cabinet approves Budget 2019-20
  • India Inc wants govt to cut corporate tax to 20%
  • Congress leader Mallikarjun Kharge says govt will try to introduce populist schemes in the Budget keeping an eye on Lok Sabha polls
  • The government's sixth budget will also be for the farmers, it will empower them, says agricultural minister Radha Mohan Singh
  • Sushma Swaraj, Rajnath Singh, and Ravi Shankar Prasad arrive at Parliament
  • State Railways minister Manoj Sinha says further investment in railways will certainly be increased
  • FM Piyush Goyal reaches Parliament to present his first Budget
  • Budget papers reach Parliament
  • Sensex opens 116 points higher, Nifty rises 37 points to 10,868
  • Tax sops can be expected for the realty sector
  • Homebuyers likely to get relief in Budget 2019
  • The Budget is expected to project economic growth of 7.5 percent for the next financial year
  • FM Piyush Goyal has reached North Block
  • FM Piyush Goyal to present Budget 2019 in Parliament at 11 am today
  • Govt set to step up rural welfare spending by 16% to Rs 1.3 trillion in Budget 2019
  • Basic exemption limit may be raised from Rs 3 lakh to Rs 3.5 lakh for those aged 60 years or more
  • Basic exemption limit may be raised to Rs 3 lakh for individuals of less than 60 years of age
  • PHD Chamber has pitched for cutting corporate tax to 25 per cent, and raising income tax exemption limit for individuals to Rs 3.5 lakh per annum in the Budget
  • Fitch Ratings has warned of a second consecutive year of fiscal slippage in the event of government resorting to populist spending to win over lost vote base
  • Nifty too closed 179 points higher to 10,830
  • Ahead of Budget 2019, the Sensex surged over 665 points as investors piled into recently beaten down banking, auto, IT and FMCG stocks
  • FM walks on a tight rope to click a balance between industry expectations and fiscal consolidation
  • Income tax exemptions are likely to be increased
  • Narendra Modi government to present Budget 2019 in Parliament today
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