In Modi govt’s election year Budget, farmers get cash dole, middle class tax rebate

Updated -Feb 1, 2019, 1:30 PM

With just a couple of months to go for the Lok Sabha elections, the interim Budget 2019, presented by Finance Minister Piyush Goyal, focused on the middle class, farmers and the unorganised sector, whose disenchantment is believed to be behind the BJP’s recent poll drubbing in the three Hindi heartland states.

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Proposing tax sops for the middle class, Goyal announced income tax exemption limit to Rs 5 lakh and a Rs 6,000 annual direct cash transfer for farmers owning land less than two hectares (5 acres), a scheme that will cost the exchequer Rs 75,000 

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