Budget And You

Budget 2018: Modi govt extends sops to poor, squeezes middle class, Cong terms healthcare scheme 'jumla'; India Inc hails 'populist' Budget

To pay for seeming bout of generosity towards poor, albeit with vote-banks in mind, the finance minister has mopped up huge sums through three or four simple steps, mostly aimed at the middle class.

India Union Budget 2018 Top Highlights: FM Arun Jaitley raises MUDRA lending target to Rs 4 lakh cr for FY’19

Launched in April 2015, Rs 4.6 lakh crore credit has been sanctioned under the scheme so far to 10.38 crore beneficiaries.

India Union Budget 2018 Top Highlights: No relief in I-T rates, but cess hiked to raise Rs 11,000 cr

"The government had made many positive changes in the personal income-tax rate applicable to individuals in the last three years," Jaitley said in his Budget speech.

India Union Budget 2018 Top Highlights: Policy to develop gold as an asset class, says Arun Jaitley

"The government will also establish a system of consumer friendly and trade efficient system of regulated gold exchanges in the country," Jaitley said.

India Union Budget 2018 Top Highlights: Home Ministry gets Rs 93,450 cr, a 5.6% hike

Presenting the Budget in Parliament, Union Finance Minister Arun Jaitley on Thursday announced the outlay of 93,450 crore for the Home Ministry.

India Union Budget 2018 Top Highlights: Rs 1 lakh cr to boost research, PM Fellowship for B.techs, says Arun Jaitley

The government also announced a Prime Minister Fellowship scheme under which 1,000 B.Techs will be provided opportunity to pursue Ph.Ds in IITs and IISc.

India Union Budget 2018-19 Highlights: Cryptocurrencies are not legal tender, says Jaitley

"Cryptocurrencies are not legal tender and the government discourages its use. However, the government will look at the utilisation of Blockchain (a distributed digital technology that supports crypto currencies)," Jaitley said.

India Union Budget 2018-19 Highlights: Fiscal deficit target for 2017-18 revised upwards to 3.5% or Rs 5.9 lakh cr

The announcement of a higher target, in place of the 3.2 per cent for the current fiscal announced earlier, was made by Finance Minister Arun Jaitley while presenting the Budget 2018-19 in the Lok Sabha.

India Union Budget 2018-19 Highlights: Rs 5 lakh healthcare cover for 10 crore poor families, says Arun Jaitley

Terming it as the world's largest government funded healthcare programme, Jaitley said it would take healthcare protection to a new level.

India Union Budget 2018-19 Highlights: PM Fellowship for 1,000 B.Techs for Ph.D at IITs, IISc, says Jaitley

"Under this scheme, we will identify 1,000 best B.Tech. students each year from premier institutions and provide them facilities to do Ph.Ds in the Indian Institutes of Technology and the Indian Institute of Science," Jaitley said.

Budget 2018: Govt has decided to contribute 12% of wages to new employees under EPF, says Jaitley

The announcement was made by Finance Minister Arun Jaitley while presenting the Budget 2018-19, which is the last one being tabled by the current government in Parliament before the general elections due in the first half of 2019.

India Union Budget 2018-19 Highlights: Increase in funds for Dalits, Tribals in Union Budget

Union Finance Minister Arun Jaitley said that allocation to SCs was for 279 programmes for the community and the allocation to STs was for 305 programmes for the section.

India Union Budget 2018 Key Highlights: No change in income tax slabs, new standard deduction introduced

Presenting the Union Budget 2018-19, the finance minister however proposed a marginal releif to tax payers by introducing new standard deduction of Rs 40,000 cr for salaried taxpayers.

Union Budget Key Highlights: Income tax slabs unchanged, Rs 1.48 lakh crore for Railways and more

Unveiling the Union Budget 2018-19, the Modi government today kept the personal income tax slabs unchanged, while allowing a standard deduction of Rs 40,000.

Union Budget 2018: Emoluments of President, Vice President, state Governors hiked, says Jaitley

The Finance Minister also announced automatic revision of salaries of Member of Parliament every five years, indexed to inflation.

Budget 2018: Govt to contribute 12% of wages of new employees in EPF for next 3 years

The announcement regarding this was made by Union Finance Minister Arun Jaitley during his Union Budget presentation in Lower House of Parliament.

Union Budget 2018: 2 crore more toilets to be built, medical reimbursement of Rs 5 lakh per year for 10 crore poor families

In a boost to the healthcare sector, the government today announced that two crore more toilets will be constructed under the ‘Swachh Bharat Mission’, a flagship programme of the Modi government aimed at cleanliness.

Union Budget 2018-19: MSP of crops to be up 1.5 times, projects worth Rs 12,000 cr on cards, announces FM Jaitley

Budget 2018: Special scheme for curbing serious air pollution problem in North India

The pollution has been a concurrent issue, especially during early winter months when the smog causes severe respiratory and skin diseases to people in the region.

A to Z of Budget terminology: A glossary of terms used in Budget

For a better understanding of the Finance Minister's documents and terminologies, it is very important to decipher them.