Budget completely disappoints Delhi: Arvind Kejriwal
New Delhi, Feb 1 (IBNS): Targeting the Centre, Delhi Chief Minister Arvind Kejriwal on Friday said the Union Budget disappointed the national capital completely.
"Final jumla of Modi govt : it's interim budget too completely disappoints Delhi. Our share in central taxes remains frozen at Rs 325 crore & nothing earmarked for local bodies. Delhi continues to be on its own financially," Kejriwal tweeted.
Final jumla of Modi govt : it's interim budget too completely disappoints Delhi. Our share in central taxes remains frozen at Rs 325 crore & nothing earmarked for local bodies.
— Arvind Kejriwal (@ArvindKejriwal) February 1, 2019
Delhi continues to be on its own financially.
In a poll-bound India budget that aimed at reaching out to all sections of the voters, Finance Minister Piyush Goyal on Friday presented an interim budget that promised the distressed farmers of assured yearly income and announced attractive tax benefits for the middle-class groups.
Amid the opposition Congress' announcements of farm loan waivers in states they won polls and income support promises, the Narendra Modi-led National Democratic Alliance (NDA) government took the rivals' bullish campaign by horn.
Piyush Goyal proposed yearly income of Rs. 6000 per annum assured under PM Kisan scheme targeting 12 crore small and marginal farmers and a rise in the income tax exemption limit to Rs. 5 lakh as he presented the National Democratic Alliance Government's sixth and final budget on Friday.
He said an outlay of Rs. 75,000 crore for FY 2019-20 with additional Rs. 20,000 crore in RE 2018-19 has been approved in the Budget.
He also announced the outlay for Rashtriya Gokul mission increased to Rs 750 crore.
According to the budget proposal, which obviously aims at the 2019 Lok Sabha polls, standard deduction is to be raised from Rs. 40,000 to Rs. 50,000 while salary earners of up to Rs. 6,50,000 income are not to pay tax if they make tax related investments.
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