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Dear Readers,

Bharat Prime Minister Narendra Modi government’s Interim Budget 2019-20 has shaped up as a comprehensive Budget with an eye on the upcoming General Election. The Budget has proposed to give support to small and marginal farmers owning up to 2 hectares of land, pension yojana for workers in the unorganised sector after they cross 60, income tax relief of up to Rs. 5 lakh of annual net taxable income for the lower middle class, an increase in the standard deduction on annual income from Rs. 40,000 to Rs. 50,000 for the salaried class, zero TDS on total interest earnings of up to Rs. 40,000 up from Rs. 10,000 on deposits kept in banks and post offices, tax exemption on capital gains to be available on two house properties, and many more steps aimed at pleasing the farmers and middle classes............. 

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