{"id":216552,"date":"2019-07-05T19:00:36","date_gmt":"2019-07-05T13:30:36","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=216552"},"modified":"2019-07-06T14:27:14","modified_gmt":"2019-07-06T08:57:14","slug":"10-point-vision-of-the-union-budget-2019-20-key-highlights","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/","title":{"rendered":"10-Point Vision of the Union Budget 2019-20 [Key Highlights]"},"content":{"rendered":"<p style=\"text-align: justify;\">Union Minister for Finance and Corporate Affairs Nirmala Sitharaman made her maiden Budget Speech today and presented the Union Budget 2019-20 before the Parliament.<\/p>\n<p style=\"text-align: justify;\">Indian economy becoming a 3 trillion dollar economy this year with World\u2019s\u00a03<sup>rd \u00a0<\/sup>largest economy in terms of Purchasing Power Parity, government\u2019s intention to invest Rs 100 lakh crore in infrastructure in next 5 years, enhanced target of over one lakh 5,000 crore of disinvestment in 2019-20, proposal to provide Rs 70,000 crore to PSBs to boost credit, doubling of food security budget in last 5 years, faster adoption of Electric vehicles with an outlay of Rs 10,000 crore, opening of 18 new Indian diplomatic missions in Africa, development of 17 iconic Tourism Sites into world-class tourist destinations and issuance of new series of coins of 1,2,5,10 &amp; 20 rupees are some of the key highlights of the Union Budget 2019-20 presented to Parliament by Union Minister of Finance and Corporate Affairs.<\/p>\n<p style=\"text-align: justify;\"><strong>10-point Vision for the decade<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Building Team India with\u00a0<em>Jan Bhagidari<\/em>: Minimum Government Maximum Governance.<\/li>\n<li>Achieving\u00a0<em>green Mother Earth<\/em>\u00a0and\u00a0<em>Blue Skies\u00a0<\/em>through a pollution-free India.<\/li>\n<li>Making Digital India reach every sector of the economy.<\/li>\n<li>Launching\u00a0<em>Gaganyan<\/em>,\u00a0<em>Chandrayan<\/em>, other Space and Satellite programmes.<\/li>\n<li>Building physical and social infrastructure.<\/li>\n<li>Water, water management, clean rivers.<\/li>\n<li>Blue Economy.<\/li>\n<li>Self-sufficiency and export of food-grains, pulses, oilseeds, fruits and vegetables.<\/li>\n<li>Achieving a healthy society via\u00a0<strong>Ayushman Bharat<\/strong>, well-nourished women &amp; children, safety of citizens.<\/li>\n<li>Emphasis on MSMEs, Start-ups, defence manufacturing, automobiles, electronics, fabs and batteries, and medical devices under Make in India.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"color: #800080;\">Following are the heads under which the budget was presented:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li>Towards a 5 Trillion Dollar Economy<\/li>\n<li>Measures to enhance the sources of capital for infrastructure financing<\/li>\n<li>Measures\u00a0to deepen bond markets<\/li>\n<li>Social stock exchange<\/li>\n<li>Measures to make India a more attractive FDI destination<\/li>\n<li>New Space India Limited (NSIL)<\/li>\n<li><u>Direct Taxes<\/u><\/li>\n<li>Tax Simplification and Ease of living &#8211;\u00a0making compliance easier by leveraging technology:\n<ul>\n<li>Interchangeability of PAN and Aadhaar\n<ul>\n<li>Those who don\u2019t have PAN can file tax returns using Aadhaar.<\/li>\n<li>Aadhaar can be used wherever PAN is required.<\/li>\n<\/ul>\n<\/li>\n<li>Pre-filling of Income-tax Returns\u00a0for faster, more accurate tax returns\n<ul>\n<li>Pre-filled tax returns with details of several incomes and deductions to be made available.<\/li>\n<li>Information to be collected from Banks, Stock exchanges, mutual funds etc.<\/li>\n<\/ul>\n<\/li>\n<li>Faceless e-assessment\n<ul>\n<li>Faceless e-assessment with no human interface to be launched.<\/li>\n<li>To be carried out initially in cases requiring verification of certain specified transactions or discrepancies.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li>Affordable housing<\/li>\n<li>Boost to Electric Vehicles<\/li>\n<li>Other Direct Tax measures<\/li>\n<li>Relief for Start-ups<\/li>\n<li>NBFCs<\/li>\n<li>International Financial Services Centre\u00a0(IFSC)<\/li>\n<li>Securities Transaction Tax (STT)<\/li>\n<li><u>Indirect Taxes<\/u>Make In India<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">\u00a0 \u00a0 \u00a0 \u00a0 Defence<\/p>\n<p style=\"text-align: justify;\">\u00a0 \u00a0 \u00a0 \u00a0 Other Indirect Tax provisions<\/p>\n<ul style=\"text-align: justify;\">\n<li>Grameen Bharat \/ Rural India<\/li>\n<li>Shahree Bharat\/Urban India<\/li>\n<li>Youth<\/li>\n<li>Ease of Living<\/li>\n<li>Naari Tu Narayani\/Women<\/li>\n<li>India\u2019s Soft Power<\/li>\n<li>Banking and Financial Sector<\/li>\n<li>Digital Payments<\/li>\n<li>Mega Investment in Sunrise and Advanced Technology Areas<\/li>\n<li>Achievements during 2014-19<\/li>\n<li>Roadmap for future<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">*Please refer the link for the key highlights of the budget: <a href=\"http:\/\/pib.nic.in\/PressReleseDetail.aspx?PRID=1577423\"><strong>Union Budget<\/strong><\/a><\/p>\n<hr \/>\n<p><strong>[Press Release dt. 05-07-2019]<\/strong><\/p>\n<p style=\"text-align: right;\"><strong>[Source: PIB]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union Minister for Finance and Corporate Affairs Nirmala Sitharaman made her maiden Budget Speech today and presented the Union Budget 2019-20 before <\/p>\n","protected":false},"author":8808,"featured_media":216568,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8051,2],"tags":[36470],"class_list":["post-216552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business_news","category-news","tag-union-budget-2019-20"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>10-Point Vision of the Union Budget 2019-20 [Key Highlights] | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"10-Point Vision of the Union Budget 2019-20 [Key Highlights]\" \/>\n<meta property=\"og:description\" content=\"Union Minister for Finance and Corporate Affairs Nirmala Sitharaman made her maiden Budget Speech today and presented the Union Budget 2019-20 before\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-05T13:30:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-06T08:57:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/for_blog_6_jul.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1330\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bhumika Indulia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bhumika Indulia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/\",\"name\":\"10-Point Vision of the Union Budget 2019-20 [Key Highlights] | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/for_blog_6_jul.jpg\",\"datePublished\":\"2019-07-05T13:30:36+00:00\",\"dateModified\":\"2019-07-06T08:57:14+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/for_blog_6_jul.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/for_blog_6_jul.jpg\",\"width\":1330,\"height\":887},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"10-Point Vision of the Union Budget 2019-20 [Key Highlights]\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a\",\"name\":\"Bhumika Indulia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg\",\"caption\":\"Bhumika Indulia\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_1\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"10-Point Vision of the Union Budget 2019-20 [Key Highlights] | SCC Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/","og_locale":"en_US","og_type":"article","og_title":"10-Point Vision of the Union Budget 2019-20 [Key Highlights]","og_description":"Union Minister for Finance and Corporate Affairs Nirmala Sitharaman made her maiden Budget Speech today and presented the Union Budget 2019-20 before","og_url":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2019-07-05T13:30:36+00:00","article_modified_time":"2019-07-06T08:57:14+00:00","og_image":[{"width":1330,"height":887,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/for_blog_6_jul.jpg","type":"image\/jpeg"}],"author":"Bhumika Indulia","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Bhumika Indulia","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/","url":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/","name":"10-Point Vision of the Union Budget 2019-20 [Key Highlights] | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/for_blog_6_jul.jpg","datePublished":"2019-07-05T13:30:36+00:00","dateModified":"2019-07-06T08:57:14+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a"},"breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/for_blog_6_jul.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/for_blog_6_jul.jpg","width":1330,"height":887},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/05\/10-point-vision-of-the-union-budget-2019-20-key-highlights\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"10-Point Vision of the Union Budget 2019-20 [Key Highlights]"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a","name":"Bhumika Indulia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg","caption":"Bhumika Indulia"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_1\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/for_blog_6_jul.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":185734,"url":"https:\/\/www.scconline.com\/blog\/post\/2018\/02\/05\/summary-budget-2018-19\/","url_meta":{"origin":216552,"position":0},"title":"Summary of Budget 2018-19\u00a0","author":"Saba","date":"February 5, 2018","format":false,"excerpt":"Government says that it is firmly on course to achieve high growth of 8% plus as manufacturing, services and exports are back on good growth path. While GDP growth at 6.3% in the second quarter of 2017-18 signalled turnaround of the economy, growth in the second half is likely to\u2026","rel":"","context":"In &quot;Business News&quot;","block_context":{"text":"Business News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/business_news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/02\/budget.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/02\/budget.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/02\/budget.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/02\/budget.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/02\/budget.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":103151,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/02\/02\/salient-features-of-direct-tax-proposals-in-union-budget-2017\/","url_meta":{"origin":216552,"position":1},"title":"Salient Features of Direct Tax Proposals in Union Budget 2017","author":"Saba","date":"February 2, 2017","format":false,"excerpt":"The salient features of Direct Tax proposals in the \u00a0Union Budget 2017 are summarised below: I. Affordable Housing 1. Three concessions in the scheme of Income Tax exemption for affordable housing: (a) Area of 30 and 60 Sq.mtr. to be counted as carpet area and not built-up area; (b) 30\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":340242,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/02\/01\/live-updates-of-union-budget-2025\/","url_meta":{"origin":216552,"position":2},"title":"Union Budget 2025 | Live Updates on FM Nirmala Sitharaman\u2019s Speech","author":"Editor","date":"February 1, 2025","format":false,"excerpt":"On 31-01-2025, the Finance Minister tabled the Economic Survey 2024-25, which indicates that India\u2019s GDP growth is expected to range between 6.3% and 6.8% in 2025-26, supported by robust private consumption and investment.","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"Union Budget 2025","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/02\/Union-Budget-2025.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/02\/Union-Budget-2025.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/02\/Union-Budget-2025.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/02\/Union-Budget-2025.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":312729,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/02\/01\/highlights-of-the-interim-budget-2024-legal-news\/","url_meta":{"origin":216552,"position":3},"title":"Highlights of Interim Budget 2024; Fiscal deficit in 2024-25 estimated to be 5.1 per cent of GDP: Finance Minister","author":"Editor","date":"February 1, 2024","format":false,"excerpt":"The interim budget 2024 contained strategies indicating approach for making India Viksit Bharat by 2047. No changes proposed in indirect and direct taxes.","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"Interim Budget 2024","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Interim-Budget-2024.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Interim-Budget-2024.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Interim-Budget-2024.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Interim-Budget-2024.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":340177,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/01\/31\/union-budget-2025-president-murmu-key-announcements-legal-news\/","url_meta":{"origin":216552,"position":4},"title":"President Murmu\u2019s Key Address on Cybersecurity, AI, &amp; Women Empowerment ahead of Union Budget 2025-26","author":"Arunima","date":"January 31, 2025","format":false,"excerpt":"President Droupadi Murmu\u2019s address ahead of the Union Budget 2025-26 highlighted the government\u2019s ambitious vision for economic growth, digital transformation, and social welfare. She emphasized that the third term of the government is witnessing accelerated decision-making, working at three times the speed of previous administrations to eliminate \u201cpolicy paralysis.\u201d","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"Union Budget 2025-26","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/01\/add.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/01\/add.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/01\/add.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/01\/add.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":198133,"url":"https:\/\/www.scconline.com\/blog\/post\/2018\/07\/09\/cabinet-approves-extension-of-scheme-of-recapitalization-of-regional-rural-banks-up-to-2019-20\/","url_meta":{"origin":216552,"position":5},"title":"Cabinet approves extension of Scheme of Recapitalization of Regional Rural Banks up to 2019-20","author":"Saba","date":"July 9, 2018","format":false,"excerpt":"The Union Cabinet has approved the extension of the scheme of recapitalization of Regional Rural Banks (RRBs) for the next three years i.e. up to 2019-20.\u00a0\u00a0 This will enable the RRBs to maintain the minimum prescribed Capital to Risk Weighted Assets Ratio (CRAR) of 9 per cent. Impact:\u00a0A strong capital\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/216552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=216552"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/216552\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/216568"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=216552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=216552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=216552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}