**6,000 rupees yearly direct support to farmers through PM-KISAN Programme.<br />''<br />''**3,000 rupees pension for unorganised sector workers earning upto 15,000 rupees through a mega Pension Scheme – Pradhan Mantri Shram- Yogi Maandhan.&nbsp;<br />''<br />''**Present Income Tax rates to continue; Full tax rebate upto income of 5 lakh rupees for individual tax payers; Standard deduction raised to 50,000, a hike of 10,000 for salaried class.&nbsp;<br />''<br />''**Direct tax system simplified; Returns to be processed in 24 hours with&nbsp; immediate refunds.&nbsp;<br />''<br />''**90 percent GST payers can file quarterly returns; Small and Medium Enterprises to get two percent interest rebate on incremental loan of one crore rupees; A Group of Ministers to examine GST burden on home buyers.&nbsp;<br />''<br />''**Customs to go for digitalization of export and import transactions.<br />''<br />''**Allocations to Health care, MGNREGA, SC/ST welfare programmes, Pradhan Mantri Gram Sadak Yojana, Development of infrastructure in North-East hiked substantially.<br />''<br />''**A prgoramme for genetic upgradation of cow – Rashtriya Kamdhenu Aayog.&nbsp;<br />''<br />''**A separate Department of Fisheries.<br />''<br />''**Electricity connection to all willing families by next month.<br />''<br />''**Allocations to Defence budget crosses three lakh crore rupees for the first time.&nbsp;<br />''<br />''**Over three lakh 38 thousand shell companies deregistered after demonetization.&nbsp;<br />''<br />''**10 point vision for 2030 to realize India's social economic potential; 10 trillion dollars economy in 13 years.&nbsp;<br />''<br />''**Government e-Market place – GeM to be extended to all Central Public Sector Enterprises.<br />''<br />''**A container cargo movement to the North-East through Brahmaputra river; Allocation for infrastructure development in the region hiked by 21 percent.&nbsp;<br />''<br />''**An All India Institute of Medical Sciences – AIIMS for Haryana.<br />''<br />''**One lakh more villages to get digital connectivity; A National Centre on Artificial Intelligence Centre;&nbsp; &nbsp;<br />''**Cinematograph Act to be tightened to check piracy.<br />''<br />''**Single window clearance for shooting films to be made available to Indian film makers.&nbsp;<br />''<br />''**Indigenous development of semi-high speed Vande Bharat Express train&nbsp;<br />''<br />''**The fiscal deficit pegged at 3.4 percent of GDP are the highlight of the Interim Budget for 2019-20.<br />''<br />
News On AIR | February 1, 2019 1:39 PM
Interim Budget 2019-20 Highlights