Skip to content
- Fiscal
deficit for 2018/19 seen at 3.4% of GDP
- Poor farmers
to get ₹6,000 per year under PM Kisan scheme
- Unorganised
labour to get ₹3,000 per month after age of 60 under mega pension
scheme
- No income
tax for income up to ₹5,00,000
- Standard
deduction to be raised from ₹40,000
to ₹50,000
- All farmers
affected by natural disasters to get 2% interest subvention upfront for entire
loan period
- Current
account deficit for 2018/19 seen at 2.5% of GDP
- Farmers up
to 2 hectare of land to come under PM Kisan scheme
- Government
launches mega pension scheme for social security coverage of unorganised labour
- Fiscal
deficit for 2018/19 seen at 3.4% of GDP
- Recovered ₹3 lakh crore via bankruptcy code
- Bank of
India, Bank of Maharashtra and Oriental Bank no more under RBI’s prompt
corrective action
- Poor farmers
to get ₹6,000 per year under PM Kisan scheme
- PM Kisan to
transfer cash directly to farmers under PM Kisan scheme
- Poor farmers
to get cash in three equal installments under PM Kisan scheme
- PM Kisan
scheme for poor farmers to cost government₹75,000 crore
FY20
- PM Kisan
scheme for poor farmers to get ₹20,000 crore
in FY19
- PM Kisan
scheme to transfer cash directly to farmers’ accounts
- PM Kisan
scheme to start transfer of cash with effect from December 2018
- Government
announces Rashriya Gokul Mission to support poor owning cows
- Rashriya
Gokul Mission cow scheme to get ₹750 crore in
the current year
- Central
government to alone support PM Kisan scheme
- All farmers
affected by natural disasters to get 2-5% interest subvention
- Gratuity cap
doubled to ₹20 lakh
- Government
to contribute equally in pension accounts under mega pension scheme
- Unorganised
labour to get ₹3,000 per month after age of 60 under mega pension
scheme
- Government
to implement mega pension scheme for unorganised labour from this year
itself
- Mega pension
scheme is for people with income up to₹15,000 per
month
- PM mega
pension scheme to benefit 10 crore people
- Total of 8
crore cooking gas cylinders to be distributed by next year under PM Ujwala
Yojna
- Government
to contribute 14% under New Pension Scheme
- India is the
second biggest hub for start-ups
- A National
Programme for Artificial Intelligence covering 9 areas to be promoted
- Government
projects to source 25% material from SMEs, 3% from only women-owned SMEs
- GEM platform
to cover all public sector enterprises to promote local industry, trade
- SME loans
with ticket size of ₹1 crore to get 2% interest subvention
- Defence
Budget crosses ₹3 lakh crore mark in FY20 Budget
- Budgetary
support for railways for FY20 is ₹64,587
crore
- Railways’
operating ratio seen at 96.2% in FY19, 95% in FY20
- North-east
states to get 21% higher budget allocation at₹58,166 crore
in FY20
- Will set up
1 lakh digital villages in next 5 years
- JAN Dhan,
Aadhar and mobile have been game changers
- 34 crore Jan
Dhan bank accounts opened in last 5 years
- Single
window clearance to be made available to Indian film makers
- TV: Railways
FY20 capex seen at ₹1.58 lakh crore
- Direct tax
collections estimated at ₹12 lakh crore in FY19
- Poised to
become a $5 trillion economy in 5 years
- Aspire to
become a $10 trillion economy in 8 years
- ₹1.3 lakh crore undisclosed income brought under tax net
- 3,38,000
shell companies detected and their directors disqualified
- Average GST
collection ₹97,100 crore
- Government
lays out 10-year roadmap to improve ease of living
- Making India
a pollution-free India in 10-year roadmap
- To lead
world in transport and energy storage devices
- To bring
down dependent on imports for energy needs
- Roadmap
envisions people traveling in electric cars
- Tenth
dimension of government’s India 2030 vision is a healthy governance
- Fiscal
deficit pegged at 3.4% of GDP for FY20
- Fifth
dimension of government’s India 2030 vision is clean rivers
- Government
to scale up Sagarmala programme
- Seventh
dimension of India 2030 is to lead in space programmes
- Eighth
dimension of India 2030 is to grow food in environment friendly manner
- Ninth
dimension of India 2030 is a healthy India
- Tenth
dimension of India 2030 programme is a comprehensive wellness system
- FY20 total
expenditure seen at ₹27.84 trillion rupees
- FY20 capital
expenditure seen at ₹3,36,292 crore
- Central
schemes to get ₹3,27,679 crore FY20
- National
education mission to get ₹38,572 crore FY20
- Integrated
child development scheme to get ₹27,584 crore
FY20
- SC, ST
welfare to get ₹76,800 crore FY20
- Salary
earners, pensioners to get tax benefit
- Salary
earners up to ₹5,00,000 annual income to get full tax rebate
- No income
tax for income up to ₹5,00,000
- Salary
earners of up to ₹6,50,000 income to not pay tax if they make tax
related investments
- Standard
deduction to be raised from ₹40,000
to ₹50,000
- No tax if
you own second house
- No TDS on
post office savings up to ₹40,000
- No TDS on
rental income up to ₹2,40,000 per year
- No tax on
notional rent on second house
- Capital
gains tax exemption under Section 54 raised to₹2
crore
- Tax on
notional rent on unsold inventory to not be paid for 2 years