As the current government presented an Interim Budget today ahead of the general election, Union Finance and Railway Minister Piyush Goyal invited smiles and cheer in the parliament as he mentioned the Indian film industry, ease of making films under their rule and watching Vicky Kaushal starrer war drama film ‘Uri’. <a href="http://www.wionews.com/india-news/big-takeaways-from-union-budget-2019-194331">These are the biggest takeaways from the budget.</a><a href="http://www.wionews.com/india-news/union-budget-2019-highlights-of-finance-minister-piyush-goyals-speech-194269">&nbsp;</a>

Goyal announced that a “single window clearance for filmmaking to be made available to filmmakers” along with “anti-camcording provision to be introduced to the Cinematography Act to fight piracy.”

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The minister then made a reference to ‘Uri’ as he spoke of how when he saw the film, “there was such a josh in the theatre” to which actor-politician Paresh Rawal was seen smiling. Rawal played the role of National Security Advisor Ajit Doval who was instrumental in the planned surgical strikes on part of India in real life.&nbsp;

Goyal continues to announce benefits and schemes for the people of India. <a href="http://www.wionews.com/business-economy/union-budget-2019-no-income-tax-for-annual-income-upto-rs-5-lakh-says-piyush-goyal-194324">See how the budget fared for you here.</a>

As the current government presented an Interim Budget today ahead of the general election, Union Finance and Railway Minister Piyush Goyal invited smiles and cheer in the parliament as he mentioned the Indian film industry, ease of making films under their rule and watching Vicky Kaushal starrer war drama film ‘Uri’.

As the current government presented an Interim Budget today ahead of the general election, Union Finance and Railway Minister Piyush Goyal invited smiles and cheer in the parliament as he mentioned the Indian film industry, ease of making films under their rule and watching Vicky Kaushal starrer war drama film ‘Uri’. These are the biggest takeaways from the budget. Goyal announced that a “single window clearance for filmmaking to be made available to filmmakers” along with “anti-camcording provision to be introduced to the Cinematography Act to fight piracy.” Piyush Goyal: A single window clearance for filmmaking to be made available to filmmakers, anti-camcording provision to also to be introduced to Cinematography Act to fight piracy pic.twitter.com/qMsd6CB7Ji — ANI (@ANI) February 1, 2019 × The minister then made a reference to ‘Uri’ as he spoke of how when he saw the film, “there was such a josh in the theatre” to which actor-politician Paresh Rawal was seen smiling. Rawal played the role of National Security Advisor Ajit Doval who was instrumental in the planned surgical strikes on part of India in real life. Goyal continues to announce benefits and schemes for the people of India. See how the budget fared for you here.

Finance minister Piyush Goyal makes reference to war film 'Uri' in budget, Paresh Rawal seen smiling

With the Lok Sabha elections only a few months away, the NDA government will present its <a href="http://www.wionews.com/business-economy/union-budget-2019-how-it-is-formulated-and-presented-194051">Interim Budget </a>on Friday amidst a lot of hopes and expectations from across the spectrum of society—right from the common people to industries.

The Interim Budget for 2019, the last financial exercise by Prime Minister Narendra Modi led Central government before the General Elections will be presented in the Lok Sabha by Finance Minister Piyush Goyal on Friday at 11 am.

If some relief in income tax exemption to the salaried and middle-class people is expected, there is a hope that the Central government may come out with some ‘concrete’ measures to combat the problem of unemployment.

At present, there is an exemption from paying personal tax on an income up to Rs 2.5 lakh, while income between Rs 2.5 lakh and Rs 5 lakh attracts five per cent tax. A 20 per cent tax is levied on the income in the range of Rs 5 lakh to Rs 10 lakh. An individual’s income above Rs 10 lakh is taxed at 30 per cent.

However, in 2014’s Interim Budget presented by then Finance Minister P Chidambaram in the Lok Sabha on February 14 for 2014-15 fiscal, no change was made in income tax rates.

Since the Goods and Services Tax (GST) is in force now, there is not much scope for the government to offer in terms of relief on the front of indirect taxes.

Union Minister of Parliamentary Affairs, Rural Development, Panchayati Raj and Mines Narendra Singh Tomar on Thursday told media persons that the Interim Budget Session of Parliament, subject to exigencies of Government Business, may conclude on February 13, 2019.

“The Session will mainly be devoted to the Financial Business relating to Interim Budget for 2019 and discussion on the Motion of Thanks on President’s address. However, essential Legislative and other Business will also be taken up during the Session,” he said.

Some of the key highlights of 2014 Interim Budget, which the BJP had then described as more of an election Budget rather than an Interim Budget, relief in indirect taxes, reduction in excise duty on capital goods from 12 per cent to 10 per cent, focus on building up manufacturing capacity, three more industrial corridors, one million jobs, and Rs 11,200 crore for capital infusion in PSBs.

Distressed farmers are another area of serious concern, which the Central government would like to take care of in the ‘Interim Budget.’ It, however, remains to be seen how the government moves on this front as most of the states have chosen to waive off farm loans.

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With the Lok Sabha elections only a few months away, the NDA government will present its Interim Budget on Friday amidst a lot of hopes and expectations from across the spectrum of society—right from the common people to industries.

With the Lok Sabha elections only a few months away, the NDA government will present its Interim Budget on Friday amidst a lot of hopes and expectations from across the spectrum of society—right from the common people to industries. The Interim Budget for 2019, the last financial exercise by Prime Minister Narendra Modi led Central government before the General Elections will be presented in the Lok Sabha by Finance Minister Piyush Goyal on Friday at 11 am. If some relief in income tax exemption to the salaried and middle-class people is expected, there is a hope that the Central government may come out with some ‘concrete’ measures to combat the problem of unemployment. At present, there is an exemption from paying personal tax on an income up to Rs 2.5 lakh, while income between Rs 2.5 lakh and Rs 5 lakh attracts five per cent tax. A 20 per cent tax is levied on the income in the range of Rs 5 lakh to Rs 10 lakh. An individual’s income above Rs 10 lakh is taxed at 30 per cent. However, in 2014’s Interim Budget presented by then Finance Minister P Chidambaram in the Lok Sabha on February 14 for 2014-15 fiscal, no change was made in income tax rates. Since the Goods and Services Tax (GST) is in force now, there is not much scope for the government to offer in terms of relief on the front of indirect taxes. Union Minister of Parliamentary Affairs, Rural Development, Panchayati Raj and Mines Narendra Singh Tomar on Thursday told media persons that the Interim Budget Session of Parliament, subject to exigencies of Government Business, may conclude on February 13, 2019. “The Session will mainly be devoted to the Financial Business relating to Interim Budget for 2019 and discussion on the Motion of Thanks on President’s address. However, essential Legislative and other Business will also be taken up during the Session,” he said. Some of the key highlights of 2014 Interim Budget, which the BJP had then described as more of an election Budget rather than an Interim Budget, relief in indirect taxes, reduction in excise duty on capital goods from 12 per cent to 10 per cent, focus on building up manufacturing capacity, three more industrial corridors, one million jobs, and Rs 11,200 crore for capital infusion in PSBs. Distressed farmers are another area of serious concern, which the Central government would like to take care of in the ‘Interim Budget.’ It, however, remains to be seen how the government moves on this front as most of the states have chosen to waive off farm loans.

NDA’s interim Budget on Friday likely to offer some hope and relief

<a href="http://www.wionews.com/india-news/india-expresses-dissatisfaction-with-pace-of-reforms-at-unsc-193928">India expresses dissatisfaction with </a><a href="http://www.wionews.com/india-news/india-expresses-dissatisfaction-with-pace-of-reforms-at-unsc-193928">pace</a><a href="http://www.wionews.com/india-news/india-expresses-dissatisfaction-with-pace-of-reforms-at-unsc-193928"> of reforms at UNSC</a>

Speaking at an informal meeting of the plenary on the Intergovernmental Negotiations on the increase in the membership of the Security Council at the &nbsp;United Nations General Assembly, India's permanent representative Syed Akbaruddin said,"Reform, we all know, at the UN is a process rather than an event. However, there is no process known to us here that has traversed winding pathways in the manner as this process of the Reform of the Security Council".

<a href="http://www.wionews.com/world/guaido-being-targeted-by-venezuelas-supreme-court-trump-193904">Guaido</a><a href="http://www.wionews.com/world/guaido-being-targeted-by-venezuelas-supreme-court-trump-193904"> being targeted by Venezuela's Supreme Court: Trump</a>

After reports said&nbsp;Venezuela president Maduro&nbsp;was ready to negotiate' with opposition and call for elections, President Trump in a tweet said Guaido was being targeted by the Venezuelan Supreme Court.

<a href="http://www.wionews.com/india-news/will-present-an-interim-budget-clarifies-finance-ministry-193892">Will present an interim Budget, clarifies Finance Ministry</a>

The Finance Ministry clarified on Wednesday that the 2019 Budget presented by the government&nbsp;will be an&nbsp;Interim Budget. The clarification came amid reports that stated that the Finance Minister has asked its staff to refer to the upcoming&nbsp;Budget&nbsp;as a General Budget.

<a href="http://www.wionews.com/india-general-elections-2019/previous-govt-would-have-taken-25-more-years-to-do-the-work-we-have-done-so-far-pm-modi-in-surat-193884">Previous</a><a href="http://www.wionews.com/india-general-elections-2019/previous-govt-would-have-taken-25-more-years-to-do-the-work-we-have-done-so-far-pm-modi-in-surat-193884"> govt would have taken '25 more years' to do the work we have done so far: PM Modi in Surat</a>

Taking a dig at the Congress party in a public gathering at Surat on Wednesday,&nbsp;Prime Minister Modi&nbsp;said that if the previous governments had to do the&nbsp;work that he has done so far, they would have needed "25 more years".

<a href="http://www.wionews.com/sports/ms-dhoni-spotted-at-nets-after-missing-out-third-odi-vs-new-zealand-193905">MS Dhoni spotted at nets after missing out third ODI against New Zealand</a>

MS Dhoni, who missed out on the third one-day international (ODI) against New Zealand with a sore hamstring, is back at the nets as India prepare to take on the Kiwis for the fourth ODI in Hamilton.&nbsp;

India expresses dissatisfaction with pace of reforms at UNSC Speaking at an informal meeting of the plenary on the Intergovernmental Negotiations on the increase in the membership of the Security Council at the United Nations General Assembly, India's permanent representative Syed Akbaruddin said,"Reform, we all know, at the UN is a process rather than an event.

India expresses dissatisfaction with pace of reforms at UNSC Speaking at an informal meeting of the plenary on the Intergovernmental Negotiations on the increase in the membership of the Security Council at the United Nations General Assembly, India's permanent representative Syed Akbaruddin said,"Reform, we all know, at the UN is a process rather than an event. However, there is no process known to us here that has traversed winding pathways in the manner as this process of the Reform of the Security Council". Guaido being targeted by Venezuela's Supreme Court: Trump After reports said Venezuela president Maduro was ready to negotiate' with opposition and call for elections, President Trump in a tweet said Guaido was being targeted by the Venezuelan Supreme Court. Will present an interim Budget, clarifies Finance Ministry The Finance Ministry clarified on Wednesday that the 2019 Budget presented by the government will be an Interim Budget. The clarification came amid reports that stated that the Finance Minister has asked its staff to refer to the upcoming Budget as a General Budget. Previous govt would have taken '25 more years' to do the work we have done so far: PM Modi in Surat Taking a dig at the Congress party in a public gathering at Surat on Wednesday, Prime Minister Modi said that if the previous governments had to do the work that he has done so far, they would have needed "25 more years". MS Dhoni spotted at nets after missing out third ODI against New Zealand MS Dhoni, who missed out on the third one-day international (ODI) against New Zealand with a sore hamstring, is back at the nets as India prepare to take on the Kiwis for the fourth ODI in Hamilton.

News brief: Big stories of the day

The Finance Ministry clarified on Wednesday that the 2019 Budget presented by the government&nbsp;will be an <a href="http://www.wionews.com/business-economy/budget-2019-what-is-interim-budget-and-how-is-it-different-from-the-regular-one-193702">Interim Budget</a>.

The clarification came amid reports that stated that the Finance Minister has asked its staff to refer to the upcoming <a href="http://www.wionews.com/business-economy/fiscal-deficit-cut-motion-guillotine-terms-to-know-for-budget-193703">Budget </a>as a General Budget.

The provisional calendar released by the Lok Sabha has also categorised the event as an Interim Budget.

With 2019 being an election year, the Budget presented by the government will be an interim one as during election years&nbsp;the newly elected government presents the full Budget around July.

The Budget will be presented by Piyush Goyal on February 1.

Goyal has been given a temporary charge of the Finance Ministry in the absence of Arun Jaitley.

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Finance Ministry clarifies that this budget will be 'Interim Budget 2019-20'. <a href="https://t.co/jr3mQhlGQ7">pic.twitter.com/jr3mQhlGQ7</a>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1090530711860334592?ref_src=twsrc%5Etfw">January 30, 2019</a></blockquote>
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In an election year, the incumbent government usually presents vote-on-account in Parliament which enables the government machinery to meet important expenses of administration, like salaries etc. The vote-on-account is usually for a period of three-four months and is meant to provide a smooth transition for the next government; it gives time to Parliament when it reconstitutes after the elections to discuss and pass the full Budget and allocate money accordingly.

The Modi government has indicated that this year's Budget will not be a vote-on-account but an interim one. While the vote-on-account deals only with the expenditure side of the Budget, an interim Budget has both expenditure and receipts and gives the complete financial statement, much like a full Budget.

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The Finance Ministry clarified on Wednesday that the 2019 Budget presented by the government will be an Interim Budget. The clarification came amid reports that stated that the Finance Minister has asked its staff to refer to the upcoming Budget as a General Budget.

The Finance Ministry clarified on Wednesday that the 2019 Budget presented by the government will be an Interim Budget. The clarification came amid reports that stated that the Finance Minister has asked its staff to refer to the upcoming Budget as a General Budget. The provisional calendar released by the Lok Sabha has also categorised the event as an Interim Budget. With 2019 being an election year, the Budget presented by the government will be an interim one as during election years the newly elected government presents the full Budget around July. The Budget will be presented by Piyush Goyal on February 1. Goyal has been given a temporary charge of the Finance Ministry in the absence of Arun Jaitley. Finance Ministry clarifies that this budget will be 'Interim Budget 2019-20'. pic.twitter.com/jr3mQhlGQ7 — ANI (@ANI) January 30, 2019 × In an election year, the incumbent government usually presents vote-on-account in Parliament which enables the government machinery to meet important expenses of administration, like salaries etc. The vote-on-account is usually for a period of three-four months and is meant to provide a smooth transition for the next government; it gives time to Parliament when it reconstitutes after the elections to discuss and pass the full Budget and allocate money accordingly. The Modi government has indicated that this year's Budget will not be a vote-on-account but an interim one. While the vote-on-account deals only with the expenditure side of the Budget, an interim Budget has both expenditure and receipts and gives the complete financial statement, much like a full Budget.

Will present an interim Budget, clarifies Finance Ministry

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Finance minister Piyush Goyal makes reference to war film 'Uri' in budget, Paresh Rawal seen smiling

NDA’s interim Budget on Friday likely to offer some hope and relief

News brief: Big stories of the day

Will present an interim Budget, clarifies Finance Ministry