Budget 2020 new Allocations and Provisions in different sectors

Union Finance Minister Nirmala Sitharaman, flanked by her deputy Anurag Thakur (L) and a team of officials, shows a folder containing the Union Budget documents, at Parliament in New Delhi.Photo/Manvender Vashist) (
  1. What is the Defence budget of India in 2020?
    Finance Minister Nirmala Sitharaman's announced to keep a ₹4.71 lakh crore budget for Defence for FY 2020-21.
  2. What is the Health budget in 2020?
    The Finance Minister has announced a budget of ₹67,116 crore for Health sector during the Union Budget 2020 session.
  3. What is the Education budget in 2020?
    Education sector has been allocated ₹99,300 crore of the total budget for FY 2020-21. Finance Minister Sitharaman has proposed to launch Ind-SAT exam for Asian and African students. Out of the total share for Education, ₹3,000 crore is reserved for Skill Development.
  4. What is the income tax slab for 2020?
    Budget 2020 lays down changes in the different tax slabs for FY 2020-21. There will be no tax levied on annual income upto ₹5 lakh. However, if you cross that threshold, then tax will be charged for income above ₹2.5 lakh.

    IncomePrevious Tax RateNew Tax Rate
    Up to ₹2.5 lakh NilNil
    ₹2.5 lakh to ₹5 lakh 5%5%
    ₹5 lakh to ₹7.5 lakh 20%10%
    ₹7.5 lakh to ₹10 lakh 20%15%
    ₹10 lakh to ₹12.5 lakh 30%20%
    ₹12.5 lakh to ₹15 lakh 30%25%
    Above ₹15 lakh 30%30%
  5. How much we can save under 80C in 2020?
    Union budget 2020 keeps the deduction upto ₹1.5 lakh under section 80C. This means the taxpayers can reduce upto ₹1.5 lakh from the total taxable income.
  6. What is the total budget of India in 2020?
    The government has proposed to spend a total of ₹30.42 lakh crore in FY 2020-21, the expenditure figure was ₹27.86 lakh crore in FY 2019-20.
  7. What is the Agriculture budget in 2020?
    Agriculture, Irrigation and Farmers' welfare sectors have been allocated a budget of ₹1.60 lakh crore in FY 2020-21.
  8. What is the budget for Swachh Bharat Mission in 2020?
    ₹12,300 crore has been allocated to Swachh Bharat Mission for the FY 2020-21.
  9. What is the budget for Jal Jeevan Mission in 2020?
    ₹11,500 crore has been allocated to Jal Jivan Mission for FY 2020-21.
  10. What is the budget for Textile industry in 2020?
    Union Budget 2020 allocates ₹1,400 crore to Textile industry for FY 2020-21.
  11. What is the budget for Dept. of Industry and Commerce in 2020?
    ₹27,300 crore has been allocated for Dept. of Industry and Commerce in FY 2020-21.
  12. What is the Railways budget for India in 2020?
    The government has proposed to spend ₹72,216 crore on Railways & Transportation sectors in FY 2020-21. Railways budget has not been stated separately.
  13. What is the Power & Renewable budget in 2020?
    ₹22,000 crore has been allocated for Power & Renewable sector for FY 2020-21.
  14. What is the BharatNet Program budget in 2020?
    ₹6000 crore has been allocated to BharatNet Program during the Union Budget 2020 proposal. 1 Lakh Gram Panchayats to be linked with BharatNet in 2020.
  15. What is the budget for Nutrition related plans in 2020?
    The government plans to spend ₹35,600 crore over Nutrition related plans in FY 2020-21.
  16. What is the Tourism budget in 2020?
    ₹2,500 crore has been allocated to Culture & Tourism sector for FY 2020-21.
  17. What is the budget for Women centric programs in 2020?
    ₹28,600 crore has been allocated to Women centric programs in FY 2020-21.
  18. What is the budget for Scheduled Tribes in 2020?
    ₹53,700 crore has been allocated for Scheduled Tribes in FY 2020-21.
  19. What is the budget for Scheduled Castes & OBCs in 2020?
    The government plans to spend ₹85,000 crore for Scheduled Castes & OBCs in FY 2020-21.
  20. What is the Pollution control budget in 2020?
    Union Budget 2020 proposes ₹4,400 crore for Pollution control during FY 2020-21. During the budget speech, Sitharaman advised to shut Thermal Power units if the emission levels went above limit.
  21. What is the Transport budget in 2020?
    ₹1.7 lakh crore has been allocated for Transport Infrastructure for the upcoming Financial year.
  22. What is the Senior Citizens' welfare budget in 2020?
    Union Budget 2020 keeps a budget of ₹9,500 crore for Handicapped and Senior Citizens' and welfare for FY 2020-21.
  23. What is the Rural Development Budget in 2020?
    ₹1,22,398 crore have been allocated during this budget session to Rural Development and Panchayati Raj for FY 2020-21.


SEE ALSO:

 Budget 2020 Highlights
Health Budget 2020
Education Budget 2020
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