Prime Minister Narendra Modi hailed Budget 2019 and said it will empower the poor and secure a better future for the youth.

Union Budget 2019: Union Minister Nirmala Sitharman on Friday presented her maiden Union Budget which was termed a 'budget of hope' by Prime Minister Narendra Modi.

Among some big takeaways from the Union Budget 2019, Finance Minister Nirmala Sitharaman made big announcements for the start-up sectors like simplifying angel tax, no scrutiny by income-tax on the sources of funds.

Though there no change has been made in income-tax slabs but the government has proposed to levy income tax cess on those having annual income more than Rs 5 crore and above.

The government proposed a reduction in GST slab for electric vehicles and eased filing of GST returns quarterly for small businesses having annual turnover of less than Rs crore.

On affordable housing, the Nirmala Sitharaman said that government was committed to deliver on its objective of affordable housing for all with more focus on infrastructure, increasing the carpet area under the Pradhan Mantri Awas Yojana (PMAY).

However, the transport industry was not that satisfied with the Budget as the government proposed to impose Re 1 cess on diesel and 2% TDS on cash withdrawals of over Rs 1 crore.

Prime Minister Narendra Modi hailed Budget 2019 and said it will empower the poor and secure a better future for the youth.

Take a look at key figures on government expenditure, share of funds to States, UTs, subsidies, government sources for fiscal receipts and other stats.