Highlights of Interim budget 2019-20
Highlights of Interim budget 2019-20


  • Income tax exemption limit raised to Rs. 5 Lakh
  • Benefit of rollover of capital tax gains to be increased from one residential house to two for capital gains up to Rs. 2 crore
  • ITR refunds to come in 24 hrs


  • Rs. 6,000 per year assured income for small and marginal farmers
  • PM Kisan Samman Nidhi scheme to cost ?75,000 crore 
  • 2% interest subvention for farmers affected by natural disaster, additional 3% upon timely repayment


  • Mega pension scheme for unorganized sector workers- Rs. 3000 rupees per month.


  • Most items of daily use now in the 0% or 5% tax slab
  • Group of Ministers to look into reduction of GST for house buyers


  • Defence budget to cross Rs. 3,00,000 crore for first time
  • Railways to get Rs. 64,587 crore
  • Boost for SMEs: Govt. projects to source 25% material, 3% from only women-owned
  • Fiscal deficit for 2019-20 estimated at 3.4 % of GDP 

For more: http://pib.nic.in/PressReleseDetail.aspx?PRID=1562187