The document summarizes key highlights from the 2019 Indian budget. It includes income tax reliefs such as no tax for incomes under Rs. 5 lakh and a higher standard deduction. It provides tax exemptions for investments in provident funds and equities if gross income is under Rs. 6.5 lakh. Capital gains tax exemptions were increased to Rs. 2 crore and will apply to two house properties. GST reforms include suggestions to reduce rates for house buyers and allowing quarterly returns for businesses under Rs. 5 crore annual turnover. Direct tax collections increased significantly between 2013-2014 and 2018-2019.