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Saturday, November 8, 2025
TopicBudget 2019

Topic: Budget 2019

Piyush Goyal’s big sop for middle class — full tax rebate for income up to Rs 5 lakh

The standard deduction limit has been increased to Rs 50,000 in the interim budget, as has the TDS limit on bank and post office deposits.

In Piyush Goyal’s budget, demonetisation is back to being all about black money

Finance minister says demonetisation led to one crore people filing I-T returns and helped agencies detect and de-register over 3 lakh shell companies.

Govt doubles tax exemption for the middle class man

In the interim budget presentation, finance minister Piyush Goyal increased the tax exemption from Rs 2.5 lakh to Rs 5 lakh.

Defence budget crosses Rs 3 lakh crore, but lowest ever with respect to GDP

While Pakistan and China are focussing on modernising their armament, India’s own modernisation process could suffer because of the small increase in budget.

Informal sector gets yet another pension scheme

Budget allocates Rs 500 crore for scheme that will provide Rs 3,000 as monthly pension for people with monthly income of Rs 15,000.

Govt’s final move to appease farmers — Rs 6,000 every year for those with 2-hectare plots

The income support scheme announced by Piyush Goyal in the interim budget has similarities with Telangana’s Rythu Bandhu and Odisha’s Kalia schemes.

Budget 2019: The rise in funding for MGNREGA, charted

Despite PM Modi terming MGNREGA as a 'UPA failure', his govt has allocated Rs 60,000 crore in the interim budget — the highest ever for the scheme.

On Camera

Trump’s unpredictability is not the absence of strategy—it works on everyone but China

The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.

Asia’s ‘weakest’ link: Yunus on a tightrope as Bangladesh tries to fix banks without breaking economy

With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.