Skip to main content
THE INTERIM UNION BUDGET

The Interim Union Budget of 2019,which was a Revolutionary Budget in itself, was released on 1st February'19  and became  the first Interim budget that is presented by an Interim Finance Minister. 
With it, it brought a gift to million of taxpayers in India and gave a promise of a brighter future to the younger generations. 
 With the basic exemption limit being raised to Rs 5 Lakhs from Rs 2.5 Lakhs,it gave a huge sigh of relief to a number of Middle Class Taxpayers. 
The salaried employees also got an additional benefit of Rs 10,000 as the standard deduction got increased to Rs 50,000 from Rs 40,000. Besides, gratuity limit is increased from  Rs 10L to  Rs 30 L. Several Reforms in TDS and GST have also been suggested.
It can be said that the budget has made sure that all categories of people get benefit from it in some way or the other.

"We are poised to become a 5 trillion dollar economy in the next five years, we aspire to become a 10 trillion dollar economy in the next eight years,"  Interim Finance Minister Piyush Goyal said after the release of the budget. 
But somehow there is still a bit of skepticism about the overall economic development of the country since the tax revenues can decline considerably due to the reforms suggested. However,in the end, it all depends upon the efficiency of the government and the  honesty of the public. 
But for now, it's better to keep the spirits high and hope for a prosperous future of the country! 
Another remarkable feature of the budget is that, Rs 6,000 per year is promised to the  farmers who have  less than 2 hectares of land. This initiative is likely to benefit 12 crore small and marginal farmers, at an estimated cost of Rs 75,000 crore.
Also, 3 Lakh Crore Rupees has been allocated to the Defense sector which is probably the greatest as yet and  is estimated to be greater than the entire budget of Pakistan. Lol! 
The finance minister laid out vision for the most important dimensions in 2030, including job creation, physical and social infrastructure building, pollution-free nation and clean rivers. 
We can clearly see how  the government has played its card at the right moment and has increased its chances to win the 2019 Lok Sabha Elections manifold. 
With Prime Minister Narendra Modi calling this budget just a 'trailer' to the achhe din, we await what's next in the league ! 

Pranjal 




Comments

Popular posts from this blog

SHARARAT: THODA JAADU, THODI NAZAAKAT

SHARARAT: THODA JAADU, THODI NAZAAKAT Shring Bring Sarvaling ,BhootBhavishyaVartamaanBadling! One can’t resist being driven away by the sense of nostalgia while being stumbled upon this mantra!  It was unarguably the era of entertainment .While a decade has passed on, Shararat, the fantasy sitcom spanning over 5 installments, definitely gives away every 90s’ kid a chance to brag about those good old days. Shararat revolves around the world of fairies and magic. What added to the delight in the mind of its viewers was the subtle comedy and the perfect comic timing. The Malhotra family involving a mischievous ‘nani’ with her impeccable magic chants, a docile mummy who has settled down with the menial jobs she has to perform as a typical housewife , and a naïve and vulnerable Jiya ,whose life has become miserable since the day she is wielded with magic powers, certainly Shararat was a visual treat. But the story had not been far  more convincing without the starry l...

SON PARI

Son pari Mumkin ko namumkin kar de Namumkin ko mumkin Son pari sab hal karti hain Sabki mushkil sab din. Whenever I used to hear this song I used to rush towards my television, because this was my favourite show - "SON PARI" Son Pari was basically a fantasy- adventure TV series. It is based on the story of a little girl name Fruity, who receives a magical gem that, when rubbed, summons a fairy named Son Pari and her friend Altu. Son Pari and Altu start meeting Fruity regularly and have many adventures. They help her get rid of Ruby, a woman who wants to marry Fruity's father, Rohit, for his money. Son Pari is also entitled to save Fruity from Kali Pari ( the main villain). Everyone wishes to have a fairy godmother like Son Pari at some point in their lives. A Pari ( angle) who can solve their problems with a spin of her wand. And this TV show was so famous and loved by everyone  because it used to take us to that fantasy world of angels and magic. This s...

INDIAN MAKEUP TRENDS OVER THE YEARS

From Saira Banu in Padosan, Sridevi in Chandini, Karishma Kapoor in Dil Toh Pagal Hai to our all time favourite Poo in Kabhi Khushi Kabhi Gum and Mili in Khoobsurat, the fashion and makeup trends have been all fancy and crazy yet so aesthetic and elegant and these leading ladies are surely 'Goals'.  One of the most significant shifts that  have been observed over the years in the beauty industry is the ultimate evolution of make-up trends varying from vibrant and vivid looks to nude face concepts. Makeup can not be talked about separately when it comes to beauty and fashion,it is an expressive(and perceived to be expensive by men) art, which has evolved immensely over the past century and has vividly been an integral part of our culture. But what have been the major stages of this evolution? Let us take a dive in the past and follow up to the time of the millennials.  THE ERA OF SIMPLICITY(1910) -There was hardly any makeup and plain sarees with little or no de...