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Budget 2019: Finance Minister Piyush Goel's speech

Feb 01, 2019 05:42 PM IST India India

Making a strong re-election pitch, the BJP-led NDA government Friday announced the biggest income tax sops for middle class, including complete exemption for income up to Rs 5 lakh, and Rs 6,000 annual cash dole to poor farmers in a scheme that will cost Rs 75,000 crore per year.

Converting a vote on account speech into an almost full-fledged budget announcement in Lok Sabha, Finance Minister Piyush Goyal proposed an array of incentives for both middle class and farmers, whose disenchantment was said to have cost the BJP dearly in recent assembly elections.