Government and Policy

Stock market responds positively to Budget 2019

Here's a round-up of the key points of the acting Finance Minister Piyush Goyal's Budget 2019 speech

Finance Minister Piyush Goyal also said that the Centre has also enhanced the Defence spending to Rs 3 lakh crore. "The Defence Budget has crossed ₹3 lakh crores for the first time. Additional funds will be provided, if necessary," said Piyush Goyal.

Budget 2019: Piyush Goyal announced significant reliefs to individual income taxpayers in the last budget of the current Modi government.

Any worker working in the unorganised sector can avail the benefits of this scheme with workers between 18-28 age has to pay Rs 55 per month, while workers above 29 years will be paying Rs 100 per month.

Farmers with less than 2 hectares of land will be given ₹6,000 per annum

Mallya was declared a fugitives economic offender in early January.

An interim budget in all practical sense is a full budget but made by the government during the last year of its term i.e. just before an election. 

Accepting the award Goyal stated that it was “Both a personal honour and a tribute to the efforts of all involved in this great work throughout India to be recognised with the Carnot Prize by the University of Pennsylvania.”

The Modi government moved a petition in SC asking for the vacation of stay over the 67-acre undisputed land surrounding the plot which is the actual subject matter of title suit