BusinessJackpot For Middle Class, Farmers In Government's Election-Year Budget
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Jackpot For Middle Class, Farmers In Government's Election-Year Budget
Those who earn upto Rs. 5 lakh a year do not have to pay tax
Small farmers will get Rs. 6,000 in their bank accounts
Government announced pension scheme for workers in unorganised sector
Budget 2019: Union Minister Piyush Goyal presented the interim budget in parliament on Friday.
Those who earn upto Rs. 5 lakh a year do not have to pay Income Tax, minister Piyush Goyal said, doubling the exemption cap. Effectively, those earning upto Rs. 6.5 lakh per year with investments to make savings will pay no tax, he said, to loud desk-thumping by BJP members and chants of "Modi, Modi".
Piyush Goyal also unveiled direct cash support of Rs. 6,000 for small farmers in a scheme called the "Pradhan Mantri Kisan Samman N...