What is the interim Budget 2019

What is the interim Budget 2019 – 20?

This year’s budget is the last before Lok Sabha elections. Kindly go through all the important highlights of this year’s budget as it is important for competitive exams and interview point of view.

Important Highlights:

Current Fiscal Accounts to be contained to 2.5%.
The fiscal deficit has been brought down to 3.4% in FY19.
Fiscal deficit pegged at 3.4% of GDP for FY20
FY22 fiscal deficit target 3 %.
18% increase in direct tax collections in 2017-18, 1.06 crore people included in the tax base.
Capital expenditure for FY20 is Rs 3.36 lakh crore
FY20 total expenditure seen at Rs. 27.84 trillion.
INR 90,000 crore disinvestment target for next FY.

Click for complete Budget 2019 – 20

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