Home News Reports Budget 2019: What can we expect?

Budget 2019: What can we expect?

Senior BJP leaders have often equated the General Elections in 2019 with the Third Battle of Panipat. From that perspective, it will be safe to assume that there will be at least a few significant announcements in the Budget.

Budget day is finally upon us. And as usual, speculations are running rife regarding what it might entail. Senior BJP leaders have often equated the General Elections in 2019 with the Third Battle of Panipat. From that perspective, it will be safe to assume that there will be at least a few significant announcements in the Budget.

Let us have a look at what we can expect from the Budget.

1. Income Tax exemption slab to be raised to Rs. 5 lakh

There have been reports of middle-class disenchantment with the NDA government. To quell such sentiments and to ensure that the middle-class stays firmly with the BJP, the last budget presented by the Modi government may consider exempting Income Tax on income up to Rs. 5 lakh per annum. Other sops for the middle class is also likely to feature.

2. Populism

- Advertisement - - article resumes -

A wave of populism has been rising across the country. With Congress President Rahul Gandhi making the promise of a Universal Basic Income for the unemployed, it is to be expected that the BJP will incorporate some extremely populist measures to counter the Mahagathbandhan’s populist tactics. Targeted Basic Income might feature in the budget as one such measure.

3. Sops for farmers

Farmer distress has been a huge issue across the country. The opposition has been trying hard to project the Modi government as anti-farmer. Therefore, it is only natural that the government will take the extra step in its last budget to counter the narrative. Interest free loans, equipment and fertilizer at subsidized rates or even loan waivers may feature in today’s budget.

4. Sops for small businesses

The business-class has always been a core voter-base for the BJP. Of late, accusations have been made that they have suffered a lot due to the implementation of GST and demonetization. Therefore, the MSMEs are likely to be rewarded by the Modi government in their last budget. Lower corporate taxes for them is a strong possibility.

Help Us Reach Every Indian, Please Share This Post
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Advertisement

Big Story

The Kolkata police finally swung into action and arrested seven men: Sheik Rahit, Fardin Khan, Sk. Sabir Ali, Sk. Gani, Sk. Imran Ali, Sk. Wasim and Atif Khan, for allegedly harassing the complainant.

2019 World Cup Is Here!

Catch the latest on Cricket World Cup as it unfolds, special coverage by Opindia

Anjana Om Kashyap heckles doctors and nurses in Bihar hospital

What you did in that ICU is not journalism, Anjana Om Kashyap, it is insensitive, creating a nuisance and endangering lives

A video came to light earlier where Anjana Om Kashyap, a senior journalist from the India Today group was seen heckling and questioning a doctor inside the ICU over the outbreak of Encephalitis in Bihar

Rapper Hard Kaur goes mental on social media: Blames RSS Chief for terror attacks, calls Yogi ‘OrangeRapeMan’

Taran Kaur Dhillon, more popularly known by her stage name Hard Kaur, appears to have fallen over the edge.

After threatening Jesus to choose between her and Rakhi Sawant, Tanushree Dutta questions Modi’s ‘Ram Rajya’

The Mumbai police have recently filed a B Summary report, giving a clean chit to Bollywood actor Nana Patekar, in connection with actor Tanushree Dutta sexual harassment case
Gujarat: Past karma will haunt Congress in fascinating Rajya Sabha bypoll irony

Gujarat: Past karma will haunt Congress in fascinating Rajya Sabha bypoll irony

The bypolls for the 2 vacant Rajya Sabha seats from Gujarat are going to be held shortly. The Congress has moved the SC, but given the clear precedents, it is quite clear that they have no chance of winning in court.
Read OpIndia.com's response to the defamation notice served by Swati Chaturvedi

That you have lost readership and your peers doubt you, is not our problem: Read our response to Swati Chaturvedi’s defamation notice

Recently, OpIndia.com got a legal notice from abusive media troll Swati Chaturvedi. At the onset, we would like to reiterate that such intimidatory tactics won't work with OpIndia.

As Swati Chaturvedi mourns the loss of her imaginary credibility, her past faff pieces come to haunt her

Even though she wants to put the blame on us, we can't possibly be held responsible if Swati Chaturvedi's peers doubt her 'credibility'.

On press freedom day, meet the ‘fearless’ journalist who interviewed Rahul Gandhi and said ‘Rafale has entered people’s blood’

Now, as if the India Today interview fiasco wasn't bad enough, another pliant journalist has got the "once in a lifetime" opportunity to interview Rahul Gandhi.

Man masturbates on woman and abuses before running away: See Kejriwal? Free rides won’t guarantee safety

The daily harassment women face while commuting in the Delhi metro just shows how 'free metro ride' does not ensure safety.
Image Source: Zee News

Even as Indian liberals and peaceniks hail ‘peaceful’ Pakistanis, abuse pours in against Sania Mirza post world cup defeat

After motormouths like Veena Malik dragged Sania Mirza into an unwarranted controversy, it was time for other eminent intellectuals of Pakistan to share their blame on Sania Mirza.
Subscribe to Day's Top Stories
- Advertisment -

Latest articles

Connect with us

170,751FansLike
149,591FollowersFollow
69,810SubscribersSubscribe
Help Us Reach Every Indian, Please Share This Post