Budget 2019-20 highlights: Middle class to be 44% of population by 2024, says Arun Jaitley

This is the end of our coverage on the Interim Budget. Thank you for staying tuned, your continued readership motivates us to provide you with news of the highest factual consistency.

Decoded: Why Modi govt chose tax rebate over exemption in Budget 2019

Khyati Dharamsi Finance Minister Piyush Goyal pulled off a blockbuster Interim Budget from which not much was expected to begin with.

Has the Interim Budget improved your Quality of Life Quotient (QLQ)?

The interim budget should enable you to improve your QLQ a little bit for now, and possibly even more when the final budget is presented later this year.

Budget Reaction: What are mutual fund houses saying?

he announced tax sops for the middle class. One of the biggest announcement was the doubling of income tax exemption limit to Rs 5 lakh

Opinion | The Budget signals a bumpy ride for the market

Shishir Asthana Indian markets had a rollercoaster ride on Friday, after the budget. A number of populist measures were announced but how they will be funded is a question that the market was left wondering.

Kalyan Krishnamurthy, CEO Flipkart Group on the Interim Budget:
“It’s good to see the focus of the interim budget on rural sector, middle class. More money in the hands of rural and middle class is good for driving consumption in the country And hence good for economic growth.More and more local MSME manufacturers and sellers can cater to this increased demand from rural, tier 2/3 towns and we at Flipkart marketplace will be happy to support thousands of such sellers to access the consumers cost effectively and efficiently.“ 

Union Minister Arun Jaitley said that the middle class has been strengthened, and will make up close to 44 percent of the populations by 2024.

Union Minister Arun Jaitley said that fiscal deficit is higher due to a higher allocation of funds to agriculture schemes. He also said that the agricultural sector going through a crisis is overstating it. 

D-Street gives a thumbs-up to Modi-govt's Interim Budget; analysts score it at 4 out of 5

Interim Finance Minister Piyush Goyal managed to strike the right balance between growth and fiscal prudence which D-Street acknowledged by closing the day in the green.

Union Budget 2019-20: The agri push can make a difference if implemented with sincerity

Expansionary budget with a focus on consumer spending and farm reforms- Direct incomes support for marginal farmers- Interest rate subvention to support allied farm activities- Allocation to crop husbandry and

Finance Minister Piyush Goyal has said $2 billion investment In LED will save $7 billion per year, in an interview to CNBC TV-18. Goyal also mentioned that the final fiscal deficit figure is around 3.36%, that lower tax rates will help the formalization of the economy, and that it may finally end up with 3.2% fiscal deficit. He also said that Rs 75,000 crore is transferred to the farmers.

Union Budget good, but subject to assumptions: JSW Steel's Seshagiri Rao

Union Budget 2019 is a good budget, said JSW Steel's Jt Managing Director and Group CFO Seshagiri Rao. But, he added, it is subject to the assumptions coming true.