Finance minister Nirmala Sitharaman presents the Union Budget

The new finance minister Nirmala Sitharam presented the first Union Budget of the new NDA government.
  • 'Aspirations Of Future Gen Accounted In Budget'
  • 'BUDGET GIVES STRUCTURAL REFORMS IN AGRICULTURE'
  • PM: A BLUEPRINT FOR MAKING INDIA ECO POWERHOUSE
  • Modi 2.0:: PM:Middle class will progress with this budget
  • PM: BUDGET A KEY STEP FOR 'NEW INDIA'
  • PM: BUDGET AIMED AT BOOSTING MIDDLE CLASS
  • PM: BUDGET HAS GIVEN NEW HOPE TO PEOPLE
  • PM: POOR WILL BE STRENGTHENED BY THE BUDGET
  • PM: This is a green budget
  • PM: Budget will strengthen the poor
  • Higher tax threshold for launching prosecution for not filing returns
  • Increased surcharge on individuals with taxable income above ? 5cr
  • Direct tax revenue up by over 78% in past 5 years to? 11.37 lakh cr
  • Increased surcharge on individuals with taxable income from ? 2 to? 5cr
  • Faceless IT assessment in electronic mode with no human interface
  • Relief in levy of securities transaction tax to be provided
  • Fiscal deficit down to 3.3% from 3.4%
  • No income tax for annual income up to ? 5 lakhs
  • Companies with annual turnover of ? 400 crores now under 25% bracket
  • TDS of 2% on withdrawal of over ? 1 crore per year
  • Faceless assessment, a paradigm shift in IT dept functioning
  • Faceless tax assessment in electronic mode
  • AADHAAR & PAN interchangeable for filing IT return
  • Enhanced deduction for purchase of affordable houses
  • Steps to provide relief from scrutiny for startups
  • Additional IT deduction on interest on loans for electric vehicles
  • No income tax for income less than ? 5 lakh per year
  • '70,000cr for public sector banks to boost capital & improve credit
  • Non performing assets down by ? 1 lakh crore in the last one year
  • Provision to encourage women entrepreneurship
  • Extend 'Women SHG Interest Subvention Programme' to all districts
  • Propose regulation of housing finance sector under RBI
  • Massive programme for railway station modernisation
  • Multiple labour laws to be streamlined into set of 4 labour codes
  • Railways to be encouraged to invest more in suburban railways
  • National Sports Education Board for development of sports persons
  • Propose AADHAAR cards for NRIs with Indian passports
  • New National Education Policy to transform education system
  • National Research Foundation to fund, coordinate, promote research
  • Expand 'Swachh Bharat' to undertake solid waste management in villages
  • BharatNet to aim at internet connectivity in local bodies
  • Propose to streamline multiple labour laws
  • Will focus on skill sets needed abroad
  • Steps to attract foreign students to India for higher education
  • Develop 75,000 skilled entrepreneurs in agro-rural industries
  • Steps to provide NRIs seamless access to Indian equities
  • Robust fisheries management framework to see gaps in value chain
  • See rapid urbanisation as an opportunity rather than a challenge
  • Under PMAY-Gramin, 1.95 crore houses to eligible beneficiaries
  • Comprehensive restructuring of National Highways Programme
  • 'Har ghar jal' for all rural homes
  • New Space India Ltd to help harness India's space ability commercially
  • 100% FDI to be permitted for insurance intermediaries
  • Examine further opening of FDI in aviation, media, animation,insurance
  • To ease local sourcing norms for FDI for single-brand retail sector
  • PPP for faster development & delivery of passenger freight services
  • 'Electronic Fundraising Platform, a social stock exchange'
  • 'Electricity,clean cooking facility for every rural home'
  • 'Gaon, gareeb, kisan' focus
  • FAME II scheme to encourage electric vehicles
  • Pension for shopkeepers, retailers with turnover less than ? 1.5 crore
  • PUSH FOR INSURANCE SECTOR: 100% FDI in Insurance intermediaries
  • 'Propose a global investors meet'
  • BOOST TO RETAIL SECTOR: Investment norms to be eased in single brand retail
  • BANKING REFORMS: FM Announces easing of KYC Norms
  • 'Propose a social stock exchange'
  • 'Need hassle-free experience for foreign portfolio investors'
  • 'New scheme to benefit 3 crore traders'
  • 'New scheme to benefit 3 crore traders'
  • 'Payment platform for MSMEs to cut down time'
  • Budget '19:The big headlines: 'Quick loans for MSMEs'
  • 'Current rental laws are archaic'
  • 'Current rental laws are archaic'
  • 'Don't look down on legitimate profit earning'
  • 'Don't look down on legitimate profit earning'
  • 'One nation, one grid'
  • FM Sitharaman: 'Bharatmala' 'Sagarmala', UDAN bridging urban & rural divide
  • FM Sitharaman: 'Incentives for electric vehicles'
  • FM Sitharaman: 'From $1.85 trillion economy in 2014 to $2.7 trillion now'
  • FM Sitharaman: 'India Inc are job creators, wealth creators'
  • FM Sitharaman: 'All pvt sector industries played a role in growing our economy'
  • FM Sitharaman: 'Hearts are filled with hope, trust, aspiration'
  • FM Sitharaman: '$3 trillion economy in current year'
  • FM Sitharaman: 'Minimum government, maximum governance mantra'
  • FM Sitharaman: 'Capacity to reach $5 trillion in next few years'
  • FM Sitharaman: 'Mazboot desh, mazboot nagrik'
  • FM Sitharaman: 'Mantra of reform, perform, transform'
  • FM Sitharaman: 'Set the ball rolling for a new India'
  • FM Sitharaman: 'Every section gave the govt a firm mandate'