Budget speech 2019

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The budget session began with the address of President Ramnath Kovind in the joint sitting of both the Houses of Parliament. The budget session of the Parliament will be from January 31 to February 13 and it will be the last session of the Parliament under the present government. There will be 10 meetings during this session. At the same time, on February 1, the last budget of his tenure is being presented through the present government. This is the last budget session of the 16th Lok Sabha. Big talk of Piyush Goyal's budget speech till now-
Career Finance Minister Piyush Goyal has announced a major announcement for the mediators in the interim budget of the Modi government. Now there will be no tax on income up to Rs 5 lakh. This announcement has left 30 million people out of the tax slab. No TDS will be given on interest income of 40 thousand rupees. Earlier, there was a tax on income up to 2.5 lakhs, which has been increased to 5 lakhs.

Those earning above Rs 5 lakh will be benefited of 13 thousand rupees. There will be income tax exemption even after taking home. In the Budget, the income tax exemption limit on the cheap house has also been extended for one year.

The second house has been exempted from the tax of Rs 2.4 lakh in the rent. Standard deduction has been increased from 40 thousand to 50 thousand rupees. Up to 6 lakhs will be exempted from income tax on investment.

In addition to providing relief to the farmers and the working class, the central government has also tried to please government employees in 2019 budget. For this, a big announcement has been made in the Budget regarding the Gratuity and Pension Scheme. Career Finance Minister Piyush Goyal said in his budget speech in Parliament that a new pension scheme has been implemented for government employees. The new pension scheme has increased the contribution of the government from 4 percent to 14 percent. . .
Those who earn 21 thousand rupees per month will be given a bonus. The bonus has been increased to 7 thousand rupees. The finance minister also said that the government has implemented its recommendations as soon as possible after the report of the Seventh Pay Commission comes.
Piyush Goyal announced that the limit of gratuity has been increased from Rs 10 lakh to Rs 20 lakh. The minimum pension for every worker is now one thousand rupees. To get the benefit of this scheme, Rs 55 will be given every month. Rickshaws and garbage collectors will also benefit from this scheme. After 60 years of completion, 3000 rupees will be available every month. This pension scheme will start from this financial year.

Career Finance Minister Piyush Goyal said that India is moving forward towards solid development and prosperity. Our government has come down heavily on inflation
In the interim budget, the Modi government can increase the budget of the Prime Minister's housing scheme by 50 percent. According to sources, the government feels that this ambitious plan can cast her vote of middle class in Lok Sabha elections.

India has attracted large FDI in the past five years, such as $ 239 billion. He said - A resolution mechanism has been set up for the recovery of non-executed loans, number of measures implemented for ensuring clean banking.
Inflation has come down from 10.1 per cent to 2.12 per cent. Our government had the power to ask the Reserve Bank to see and fix the bad loans. Piyush Goyal said that borrowers are either paying the loan or are running away from the country. The achievement of our government was that we made a lasting effort to change thinking and enhanced the country's self-confidence.
The caretaker Finance Minister said that the achievement of our government has been that we have made untiring efforts to change thinking and enhanced the self-confidence of the country. Our government has broken the waist of inflation by cutting back.

Inflation was at 2.9 in December 2019. During 2014-2018, 1.53 crore houses were built under the Prime Minister's Housing Scheme. The goal of doubling the income of farmers is the goal.

Has launched the world's largest health plan. Farmers with land up to 2 hectares will get direct money. 6 thousand rupees will be given directly to the small farmers in the account every year
Earlier, only the small traders were worried about the withdrawal of the loan, with our efforts, big traders now worry about returning the loan. In the budget speech, Piyush Goyal insisted that his government is being free from corruption.

He said that the country has done a lot of work in the last five years for sustainable growth. He also claimed that India has become the fastest growing economy. At the time when job data of NSSO is rife, all the claims of Piyush Goyal can create new controversy.

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