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UNION BUDGET HIGHLIGHTS - 2019 OF INDIA (MODI 2.0)

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THIS IS THE UNION BUDGET OF 2019 OF INDIA BY NIRMALA SITHARAMAN HONOURABLE FINANCE MINISTER OF INDIA

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UNION BUDGET HIGHLIGHTS - 2019 OF INDIA (MODI 2.0)

  1. 1. 1.95 crore houses will be provided to eligible beneficiaries under Pradhan Mantari Awas Yojna (Rural) 01
  2. 2. INCOME TAX 01 Surcharge of 3% for ₹ 2 crore income and 7% surcharge for ₹ 5 crore and above income SUPER RICH Additional 1.5 lakh deduction on home loans DEDUCTION 2% tax on cash withdrawals upto ₹ 1 cr WITHDRAWALS Increased by 78% DIRECT TAX REVENUE 02 03 04 05 05 Annual turnover limit for 25% Corporate tax raised from ₹200 cr to ₹400 cr CORPORATE TAX
  3. 3. One woman in every self-help group eligible for loan of Rs. 1 lakh under Mudra scheme. & Government will increase women's involvement in the development of the country through its schemes. NAARI TU NARAYANI 01
  4. 4. 01 03 05 02 04 06 New education policy Gandhi-pedia National research foundation Allocate ₹400 crores Attract foreign students KheloIndia Scheme
  5. 5. TARGET $3 trillion economy in FY20, and $5 trillion economy in next five years BLUEPRINT For gas, water grids & regional airports INVESTMENT Changes in kick-start domestic & foreign investment SWACHCH BHARAT Expand Swachch Bharat Abhiyan in villages also
  6. 6. Little bit hike in public shareholding PUBLIC SHAREHOLDING KYC norms make easy for foreigners also KYC Provide ₹70,000 crore to boost capital PSUs BANKS Simplify the norms of investment for NRIs. NRI
  7. 7. LOAN Get loan within 59 minutes START-UPs Start a television programme exclusively for start-ups PENSION BENEFITS To 3 crore retailers which have annual turnover limit less than ₹ 1.5 crore in a year ORGANISATIONS 10,000 new farmer producer organisation will be set up
  8. 8. A Increase metro rail networks through public-private partnership model B A total of 1,25,000 km of roads will be upgraded under Pradhan Gram C New Space India (NSIL) has been incorporated with ISRO D Package for power sector tariff and structural reforms to be unveiled soon
  9. 9. WHAT GOES CHEAPER? E-Vehicle, imported defence equipment, houses, imported raw materials, manufacturing artificial kidney etc.. WHAT GOES COSTLIER ? Petrol, diesel, imported gold, cash withdrawals over ₹ 1 cr.in a year, electronic items etc.. A B
  10. 10. T H A N K Y O U

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