budget 2019, union budget by BJP goverment

 GOVERNMENT INDIA budget 2019, union budget by BJP government

Nirmala Sitharaman is presenting her first budget on Friday, becoming the first full-time woman finance minister to announce India’s annual accounts. This is India’s 89th Union budget, including interim ones.

Foreign investment liberalisation

India recently lost its status as the world's fastest-growing major economy and the government knows it needs to attract investment to spur growth.

Ms Sitharaman said she would examine options to open up foreign direct investment in the aviation, media and animation, and insurance sectors.

What's in it for the common man?

While there hasn't been an increase in income tax for most citizens, some products are likely to become more expensive as the government seeks to boost its revenues.

Local taxes on petrol and diesel will increase by two rupees while an import tax of one rupee per tonne has been levied on crude oil. Gold and other precious metals will also become more expensive after import duties were increased.

Some relief may come to the common man via a new tenancy and affordable housing framework but details are yet to be released.This itinerary will cover Cambodia’s most popular destinations, as well as a few of my favorite hidden gems. It is possible to complete this backpacker route in either direction! Many people start in Phnom Penh or Siem Reap depending on their flight.

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