Live updates and discussion on Budget 2019

Our commitment to promote renewable energy is reflected in our initiative to set up International Solar Alliance; installed solar generation capacity has increased 10 times in last five years; lakhs of new jobs being created by the sector: FM Shri Piyush Goyal #Budget2019

Urgent action needed to increase hydrocarbon production to decrease imports; change in bidding procedure and exploration procedure being implemented: FM Shri Piyush Goyal #Budget2019

Allocation for #NorthEasternRegion proposed to be increased to 58,166 crore in this year, a 21% rise over previous year: FM Shri Piyush Goyal #Budget2019

Gratuity limit increased from Rs 10 lakh to Rs 30 lakh: FM

India is the fastest highway developer in the whole world, 27 kms of highways built each day, projects stuck for decades completed; #SagarMala will help faster handling of import and export cars: FM Shri Piyush Goyal #Budget2019

Capital support for Railways at Rs 64,587 crore for FY20: FM
No unmanned rail crossing left in broadgauge network: FM
India is the fastest highway developer in the world: Piyush Goyal

Govt increases allocation for north eastern states to 21%

Cost of data and voice calls in India is now possibly the lowest in the world; mobile and mobile part manufacturing companies have increased from 2 to 268: FM Shri Piyush Goyal #Budget2019

Single window clearance for filmmaking to be made available to Indian filmmakers, anit-camcording provision to be introduced to Cinematography Act to combat film privacy: FM Shri Piyush Goyal #Budget2019

34 crore #JanDhanYojana accounts opened in last five years; Aadhaar almost universally implemented; ensuring poor and middle class receive government benefits directly: FM Shri Piyush Goyal #Budget2019

Cost of data and voice calls in India is now possibly the lowest in the world; mobile and mobile part manufacturing companies have increased from 2 to 268: Piyush Goyal

The tax collections were doubled this year, and the returns filed were increased by 80%.

PM: 99.4% returns were accepted without scrutiny in the last year.

Defence budget enhanced beyond Rs 3 lakh crore, says Piyush Goyal

Simplification of direct tax system will benefit taxpayers; direct tax reduced and tax interface made simpler and faceless to make life easier; resulting in increase in tax collections and return filings: FM Shri Piyush Goyal #Budget2019

99.54% returns have been accepted without any scrutiny: FM Shri Piyush Goyal 

Direct tax collections from 6.38 lakh crore rupees in 2013-14 to almost 12 lakh crore rupees; tax base up from 3.79 crore to 6.85 crore: FM Shri Piyush Goyal 

Within almost two years, almost all assessment and verification of IT returns will be done electronically by an anonymized tax system without any intervention by tax officials: FM Shri Piyush Goyal #Budget2019

Already disbursed Rs 35,000 crore for our soldiers under OROP, substantial hike in military service pay has been announced: FM

FM: Anonymity in scrutiny of tax returns by a special department of tax officials on the back end.

99.54 percent of all I-T returns last year were accepted immediately without scrutiny: Goyal

No unmanned rail crossing left in broadgauge network: FM

India is the fastest highway developer in the world: Piyush Goyal  

Impactful steps taken in reducing tax, bringing benefits for middle class citizens: FM Shri Piyush Goyal #Budget2019