{"id":127129,"date":"2018-02-01T16:37:51","date_gmt":"2018-02-01T11:07:51","guid":{"rendered":"http:\/\/greattelangaana.com\/english\/?p=127129"},"modified":"2018-02-01T18:33:13","modified_gmt":"2018-02-01T13:03:13","slug":"a-budget-for-elections","status":"publish","type":"post","link":"https:\/\/greattelangaana.com\/english\/a-budget-for-elections\/","title":{"rendered":"A budget for elections?"},"content":{"rendered":"

Finance minister Arun Jaitley unveiled a pro-poor, pro-farmer budget ahead of the general elections due in 2019. While there were no changes to the personal income tax slabs for salaried individuals, the finance minister allowed a standard deduction of Rs 40,000 for transport and medical claims.
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\nJaitley delivered a populist budget, which should bring some cheer to farmers, who can now expect to get a minimum support price at 1.5 times their cost of production for the coming year.<\/p>\n

In a major sop for small companies, Jaitley said that those with an annual turnover of Rs 250 crore or less will now pay corporate tax at 25% as against the present rate of 30%.<\/p>\n

The highlight of this year\u2019s budget, however, was a universal healthcare insurance plan that will benefit 10 crore families. Jaitley said these families will now be able to avail healthcare insurance up to Rs 5 lakh a year.<\/p>\n

This will effectively help 50 crore people, or nearly 40% of the poorest in the country, he said. Besides, he said that the government will set up an agricultural market fund of Rs 2,000 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"

Finance minister Arun Jaitley unveiled a pro-poor, pro-farmer budget ahead of the general elections due in 2019. While there were no changes to the personal income tax slabs for salaried individuals, the finance minister allowed a standard deduction of Rs 40,000 for transport and medical claims. Jaitley delivered a populist budget, which should bring some […]<\/p>\n","protected":false},"author":2,"featured_media":127135,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,2],"tags":[65019,954,52538,685,25169,65020],"class_list":["post-127129","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politicalnews","category-top-stories","tag-a-budget-for-elections","tag-finance-minister-arun-jaitley","tag-general-elections","tag-income-tax","tag-pro-poor","tag-pro-farmer-budget"],"jetpack_featured_media_url":"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2018\/02\/ok-jaitley.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/127129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/comments?post=127129"}],"version-history":[{"count":0,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/127129\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media\/127135"}],"wp:attachment":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media?parent=127129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/categories?post=127129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/tags?post=127129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}