Who were the last 5 NDA's Finance Ministers?

The Last 5 National Democratic Alliance Finance Ministers.

Budget 2019 Live : Today Finance Minister Nirmala Sitharaman will present her first Union budget in Parliament at 11 am. This is also the first Budget of the Narendra Modi-led NDA government in its second term.

Here is the list of last 5 NDA’s Finance Ministers who presented Union Budget for the people of India:

1. Yashwant Sinha (19 March 1998 – 1 July 2002)

2. Jaswant Singh (1 July 2002 – 22 May 2004)

3. Arun Jaitley (26 May 2014 – 14 May 2018)

4. Piyush Goyal (14 May 2018 – 22 August 2018 & 23 Jan 2019 – 15 Feb 2019)

5. Nirmala Sitharaman (31 May 2019 – Incumbent)

If you want to catch the live updates on today’s union budget 2019 than please follow the link → Budget 2019

Budget 2019 LIVE : Nirmala Sitharam to present her first budget in Parliament today at 11 am

The annual Union Budget 2019-2019 will be tabled in Parliament by Finance Minister Nirmala Sitharam today.

Budget 2019: Finance Minister Nirmala Sitharam will present her first Union Budget in Parliament today at 11 am. This is also the first Budget of the Narendra Modi-led NDA government in its second term.

Nirmala Sitharaman’s budget will be keenly watched, as it comes at the back of record unemployment, farm distress, a sagging investment ecosystem and contracting service sector. Macroeconomic cues are not encouraging either, with the rise of protectionism trade disputes (specifically the US-China trade war) emanating around the world.

Nirmala Sitharaman will become the second woman to present the Budget in the Indian parliament. In 1970-71, the then Prime Minister of India, Indira Gandhi took the portfolio of the Finance Minister after Moraji Desai resigned. But Sitharaman does hold the distinction of being the first independent female finance minister of India as Indira Gandhi was also the prime minister of the country at the time she handled the finance portfolio.

Budget 2019 is expected to lay down the Modi 2.0 government’s road map for the economy and the nation for the next five years. It might look to boost spending at the cost of short-term slippage in fiscal deficit targets.

Catch LIVE Updates here → Budget 2019 Live

India vs Australia 2nd ODI Live Cricket Match Streaming in HD

Watch India vs Australia 2nd ODI Match Live in SD, HD & FHD.

Team India will  aim a 2-0 lead in 5-match series, when they play with Australia in the 2nd ODI match at Vidarbha Cricket Association Stadium, Nagpur today. 

Here are the Stats to look forward to ahead of India vs Australia 2nd ODI match:

• MS Dhoni is the only batsman to post two hundreds at Vidharbha Cricket Association Stadium in Jamtha, Nagpur - 124 against Australia on 28 October 2009 & 107 against Sri lanka on 18 December 2009.

 

• Besides Dhoni, three other Indians have hit a ton against Australia in ODI at Jamtha - Shikhar Dhawan, Virat Kohli & Rohit Sharma

 

• Australian wrist spinner Adam Zampa has dismissed Virat Kohli 4 times in all international matches. He hasn't dismissed any other batsman more than twice

 

• Shikhar Dhawan & Rohit Sharma has put 178 runs partnership for the first wicket against Australia on October 30, 2013 which is India's highest partnership for any wicket against any opponent at this venue. 

↓↓↓ Watch the Live match here ↓↓↓

Note: If the link is not working you can get the live updates on the below link given ↓

Live Update Link → India Vs Australia 2nd ODI Live

also

Live Scorecard Link → India Vs Australia 2nd ODI Scorecard

* The match will be available live on Star Sports 1 HD, Star Sports 1 in English Commentary and Star Sports Hindi HD in Hindi Commentary. One can also live stream the 1st T20 on Hotstar app and website. 

Cricbuzz Link → Live Cricket Score

Hotstar Link → 2nd ODI INDvAUS

Interim Budget 2019: Modi assures more sops and benefits in full budget after the elections

Narendra Modi said that his government has been able to address the problem of financial distress of the farmers from the roots in the Interim Budget 2019.

 

Interim Budget 2018: Prime Minister Narendra Modi on Saturday hailed the interim Budget 2019-20 as a “historic” step towards empowering peasants, workmen and the middle class, and promised more benefits for all sections in the full Budget if his party returned to power after the Lok Sabha polls.

In his presentation of the interim Budget in the Lok Sabha on Friday, Finance Minister Piyush Goyal had announced an income support scheme for farmers, a pension scheme for workers in the unorganised sector, and a rebate for taxpayers with a taxable income of up to Rs 5 lakh, among other measures, making a strong pitch for the re-election of the National Democratic Alliance government.

“The interim Budget was just a trailer,” the Prime Minister said at a rally in Durgapur, West Bengal. “Wait till we bring out the regular Budget, which will have much more to offer and help the country emerge as a new India. Be it taxes or reaching out to farmers, the Budget was prepared keeping in mind that everybody benefits. It truly reflects our philosophy of sabka saath, sabka vikas.”

The PM said his government had been able to address the financial distress of farmers. Instead of announcing a one-time loan waiver for farmers, he said, the government had come up with a long-term solution whereby assistance worth Rs 7.5 trillion would be given to them in the next 10 years.

Read the full story here → Highlights of Budget 2019

Interim Budget 2019: In Modi's pro-farmer, pro-middle class Budget, here's what was missing

Conscious of unfulfilled promises and a patchy performance meant Goyal curbed use of 'development,' 'manufacturing,' 'growth' and 'infrastructure' unlike previous years.

 

Interim Budget 2018: Indian Prime Minister Narendra Modi’s administration delivered an election-year budget with a focus on rural parts of the country and the middle class.

Finance Minister Piyush Goyal unveiled measures on Friday that will allocate around $10 billion a year for an income plan for about 120 million farmers and give 185 billion rupees of relief to taxpayers in the year to March 2020.

Modi stormed to power in 2014 on promises of higher growth, faster job creation and better days for the country’s billion-plus population. But a lackluster performance on some of them coupled with relentless attack from the opposition, meant a last ditch attempt to set things right.

What Was Missing?

Conscious of unfulfilled promises and a patchy performance meant Goyal curbed use of ‘development,’ ‘manufacturing,’ ‘growth’ and ‘infrastructure’ unlike previous years.

Read the full story here → Highlights of Budget 2019

Interim Budget 2019: Tax rebates for middle class to benefit travel, tourism sector

The focus on tax rebates for the middle class has brought a sigh of relief for them and now they will be able to spend more on vacations.

Interim Budget 2018: Various initiatives in the interim budget such as tax rebates for the middle class will benefit the travel and tourism sector, industry players said.

"On the whole, the interim budget is promising for the travel industry, complemented by further tax rebate for the middle income group more savings, more travel," said FCM Travel Solutions MD Rakshit Desai.

Expressing similar views, EaseMyTrip Co-Founder & CEO Nishant Pittie said the budget announced promising initiatives that will definitely augur well for the Indian travel and tourism industry.
The focus on tax rebates for the middle class has brought a sigh of relief for them and now they will be able to spend more on vacations.

The government has increased the funds for the tourism ministry to Rs 2,189.22 crore for 2019-20.

"The exemption of income tax for middle and lower class segment of the society will increase the disposable income, which in line will trigger demand across consumer focused industries," Royal Orchid Hotels MD Chander Baljee said.

Read the full story here → Highlights of Budget 2019

Interim Budget 2019: Individuals earning Rs 8-9 lakh annually can escape taxes

Interim Budget for 2019-20 proposed to give full tax rebate to individuals having taxable annual income up to Rs 5 lakh with a view to benefiting around 3 crore middle class taxpayers. 

Interim Budget 2018: Individuals earning Rs 8-9 lakh annually would not have to pay any income tax if they make proper investments in tax saving instruments like provident fund, life insurance, pension scheme and home loan, Revenue Secretary Ajay Bhushan Pandey said Saturday.

Finance Minister Piyush Goyal in the Interim Budget for 2019-20 proposed to give full tax rebate to individuals having taxable annual income up to Rs 5 lakh with a view to benefitting around 3 crore middle class taxpayers at an estimated revenue sacrifice of Rs 18,500 crore.

"We have given complete rebate of Income Tax so that people having taxable income of Rs 5 lakh do not have to pay any tax. Now people having even higher gross income if they make investment in 80C or if they pay interest on education or home loan, or if they invest in pension scheme, mediclaim, critical illness then people having much higher income in the range of Rs 8-9 lakh also can get their taxable income reduced to below Rs 5 lakh and get advantage of rebate and not pay any tax," Pandey told PTI in an interview.

The move would provide relief to middle class taxpayers comprising self employed, small businesses, small traders, salary earners, pensioners and senior citizens.

Under Section 80C of I-T Act, tax rebate is available for investments made in specified instruments like PPF, life insurance, tution fee, five-year term deposit in banks and Post Office, up to Rs 1.5 lakh in a year.

Read the full story here → Highlights of Budget 2019

Interim budget 2019: Soon, assessment and refunds for taxpayers in 24 hours

Technology-led improvements being undertaken by the government will result in a more user-friendly experience for taxpayers.

Interim Budget 2018: The government has been using technology extensively to make taxpayers’ lives easier. Even during the interim Budget, the finance minister (FM) highlighted the progress that has been made on the increased use of technology by the tax department.
Many functions such as returns, assessment, refunds and queries are now undertaken online.
With a massive increase in the number of tax return files - almost 68.5 million - it is not easy to deliver a taxpayer-friendly experience. Strong technology support is required to process returns without errors and to carry out other functions online.
The government is moving ahead fast. As the FM announced in his speech, the government has approved a technology-intensive project wherein tax returns will be processed within 24 hours and refunds will be issued simultaneously.
This is certainly music to the ears of taxpayers. It means if they have refunds, they will get it back almost immediately.
Questions and queries will be raised by the Income Tax (I-T) Department sooner, making it easier for taxpayers to respond, as the details will be fresh and handy.

Read the full story here → Highlights of Budget 2019

As India's quality of schooling plummets, here's how Budget 2019 can help

The school education system in India is facing a shortage of trained teachers and a lack of proper infrastructure.

 

Interim Budget 2019: India stepped up its spending on school education by 9.35% from 2014-15 (Rs 45,722.41 crore) to 2018-19 (Rs 50,000 crore). But education’s share in the total union budget fell from 2.55% to 2.05% in this period, according to an IndiaSpend analysis of budgetary data.

On February 1, 2019, when the ruling Bharatiya Janata Party (BJP) presents its last budget before general elections, it will have to address a critical issue in India’s school education: Its quality compares poorly with many south Asian and BRICS nations even though India spends a higher percentage of its gross domestic product (GDP) on education.

In rural India, almost half of grade V students cannot read a grade II text and more than 70% them cannot do division, said the Annual Status of Education Report (ASER) 2018. These numbers indicate a fall in standards over the last 10 years.

Twin problems of school funding: low allocation and underutilisation

Till April 2018, school education in India was mostly covered by three centrally-sponsored schemes:

• Sarva Shiksha Abhiyan (SSA or education for all) that aims to provide universal education to all children between the ages of 6 to 14 years.
• Rashtriya Madhyamik Shiksha Abhiyan (RMSA or national middle education mission) which facilitates secondary education.
• Teacher Education which aims to create sound institutional infrastructure for pre-service and in-service training of elementary and secondary school teachers.

Read full News → Budget 2019 Expectations

Govt's intent to present 'regular budget' serious, grave: Congress

Tewari said the NDA-BJP government does not have the electoral mandate and it does not have the electoral legitimacy to present six full budgets in five years.

 

 

Interim Budget 2019: The Congress on Thursday said it will strongly oppose both inside and outside Parliament the presentation of a "full budget" by the BJP-led NDA government as it has "no electoral legitimacy" and the step will go against set precedents and Parliamentary traditions.

Congress spokesperson Manish Tewari termed as "serious and grave" reports claiming that the BJP-led Government was planning to present a "regular budget" and demanded that it should follow constitutional propriety and only presents a vote-on-account on February 1, 2019 ahead of general elections.

BJP sources have indicated that the Modi government is likely to present a full-fledged budget with a slew of announcements on welfare measures relating to farmers, youth and women.

"A budget is budget. The government is likely present a full-fledged budget. There is no such rule that the government before elections should not present a budget for the entire year. The new government may make changes after the polls if it so wishes," a sources in BJP said.

Tewari said if the reports in public space are correct then it would be "a flagrant violation" of all parliamentary conventions, procedures and traditions that have been followed over the past seven decades since the Constitution of India came into effect.

Read full News → Budget 2019 Expectations