Union Budget 2019
While presenting interim Budget 2019-20 in February, the government had pegged fiscal deficit target at 3.4 per cent. (Photo: PTI/Representational)
Budget 2019: Govt lower fiscal deficit target to 3.3 per cent for FY20
05 Jul 2019 2:13 PM

The fiscal deficit this year is 3.3 per cent brought down from 3.4 per cent.

Union Minister also said that faceless and anonymous assessment system for income tax will be rolled out in phases this year.
Budget 2019-20: Those without PAN can now file returns using Aadhaar
05 Jul 2019 2:02 PM

On Thursday, the Lok Sabha passed by voice vote the Aadhaar and Other Laws (Amendment) Bill, 2019.

The government is proposing additional tax deduction of Rs 1.50 lakh on interest paid on home loans taken up to March 2020, said Finance Minister Nirmala Sitharaman. (Representational image)
Additional tax deduction of Rs 1.50 lakh on interest on home loans proposed
05 Jul 2019 1:39 PM

Government will also provide income tax deduction of Rs 1.5 lakh on interest paid on loans for purchase of electric vehicles.

The corporate tax rate is 30 per cent at the moment.
Budget 2019: Firms with turnover of Rs 400 cr to pay lower 25 pc corporate tax
05 Jul 2019 1:27 PM

Only 0.7 per cent of the companies will now remain outside the 25 per cent corporate tax bracket, says Sitharaman.

'Gandhipedia is being developed to sensitise the youth about positive Gandhian values,’ she said while present Union Budget 2019-20 in Lok Sabha. (Photo: ANI | Twitter)
Union Budget 2019: 'Gandhipedia' being developed to inform youth on Gandhian values
05 Jul 2019 1:26 PM

The Swachh Bharat mission is one of the largest cleanliness drives, as well as an attempt to effect behavioural change, in the world.

‘I am happy and satisfied to report that India will be made Open Defecation Free on October 2nd, 2019, as per the dream of Prime Minister Narendra Modi,’ she said. (Photo: File)
Union Budget 2019: Sitharaman proposes to expand Swachh Bharat Mission
05 Jul 2019 1:19 PM

Expressing happiness, she also announced that India will be made Open Defecation Free on October 2nd, 2019, as per the dream of PM Modi.

‘Ensuring India's water security and providing access to safe drinking water to all Indians is a priority. A major step in this direction has been the constitution of Jal Shakti Ministry,’ Sitharaman stated. (Photo: ANI)
Union Budget 2019: 'Har Ghar Jal' for all rural houses by 2024, says Sitharaman
05 Jul 2019 1:19 PM

Union Minister for Jal Shakti Gajendra Singh Shekhawat had on July 1 launched 'Jal Shakti Abhiyan'.

‘I propose to consider issuing Aadhaar cards for NRIs with Indian Passports after their arrival in India without waiting for mandatory 180 days,’ Sitharaman said in her budget speech. (Photo: File)
Union Budget 2019: Govt proposes doing away with 180-day rule for NRIs to get Aadhaar
05 Jul 2019 1:19 PM

As on May 31, 2019, the Unique Identification Authority of India (UIDAI) had generated total of 123.82 crore Aadhaar to residents of India.

The government proposes 'Study in India' to bring in foreign students to pursue education here. (Photo: ANI)
Union Budget 2019: Government to improve youth skills in AI, robotics
05 Jul 2019 1:19 PM

Training of workforce with relevant skills will help address the severe skill shortage technology and IT companies are facing right now.

‘The government intends to open 4 more embassies in the year 2019-20. This will not only increase the footprint of India's overseas presence but also enable us to provide better public services to the local Indian communities,’ FM Sitharaman said. (Photo: File)
Union Budget 2019: India to open new diplomatic missions, including 18 in Africa
05 Jul 2019 1:18 PM

She also proposed to issue Aadhar cards to Non-Resident Indians (NRIs) holding Indian passports after their arrival in India.


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