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2019 Budget Highlights: HIGHLIGHTS Finance minister Piyush Goyal on Friday presented the much awaited Union Budget in Lok Sabha. Goyal was appointed interim finance minister on January 23 with Arun Jaitley undergoing treatment in the United States. Here is a look at the main points of the Budget presented by Piyush Goyal
* Individual taxpayers with annual income up to 5 lakh rupees to get full tax rebate.
* Individuals with gross income up to 6.5 lakh rupees will not need to pay any tax if they make investments in provident funds and prescribed equities.
* Standard tax deduction for salaried persons raised from 40,000 rupees to 50,000 rupees.