Interim Union Budget 2019: A road map for developing India

Ankit Agarwal, Managing Director, Alankit LTD

"This is indeed a budget for the people, for the benefit of every section of our society. Keeping the best for the last, our Interim Finance Minister Piyush Goyal affirmed that the tax verge would be made simpler, in an enormous relief for middle class taxpayers, his statement on full tax rebate on annual income of up to Rs 5 lakh, along with standard reduction increased from Rs 40,000 to Rs 50,000 is indubitably wooing countryside, middle-class before election. For senior citizens, the mega pension scheme 'Pradhan Mantri Shram Yogi Mandhana Yojna' that covers people from both organised yet unorganised sectors assuring monthly pension of Rs 3000 once they reach 60 years of age is also an applauding walk. Not to mention, I'm impressed with the government's remarkable plan with PM Kishan programme, besides creating a healthy India, with pollution-free and widespread wellness system for all."

Shares of Alankit Ltd was last trading in BSE at Rs.30.1 as compared to the previous close of Rs. 30.05. The total number of shares traded during the day was 181444 in over 103 trades.

The stock hit an intraday high of Rs. 32 and intraday low of 30. The net turnover during the day was Rs. 5491404.

Source : Equity Bulls

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