{"id":55239,"date":"2019-02-18T10:51:59","date_gmt":"2019-02-18T10:51:59","guid":{"rendered":"http:\/\/blastingskyhawk.com\/?p=55239"},"modified":"2019-02-18T10:52:00","modified_gmt":"2019-02-18T10:52:00","slug":"arun-jaitley-to-address-rbi-board-on-monday","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/arun-jaitley-to-address-rbi-board-on-monday\/","title":{"rendered":"Arun Jaitley to address RBI board on Monday"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Finance Minister Arun Jaitley is scheduled to address the customary post-budget meeting of the central board of the Reserve Bank on Monday and highlight the key points of the interim Budget, including the fiscal consolidation roadmap.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The meeting, according to sources, will take a call on the interim dividend to be paid to the government during the current fiscal. The government expects Rs 28,000 crore from the RBI as interim dividend for 2018-19 based on the financial position of the central bank.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The customary post-budget meeting will take place against the backdrop of a slight deviation from the fiscal deficit target for the current financial year, tax rebate for income up to Rs 5 lakh and income support scheme for 12 crore farmers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The government also decided to increase standard deduction from Rs 40,000 to Rs 50,000 and raised the TDS threshold on interest earned on bank\/post office deposits from Rs 10,000 to Rs 40,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the Interim Budget, the government has projected a fiscal deficit of 3.4 per cent of the GDP for 2019-20, against the earlier target of 3.3 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance Minister Arun Jaitley is scheduled to address the customary post-budget meeting of the central board of the Reserve Bank on Monday and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":55240,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[410],"tags":[],"class_list":["post-55239","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/55239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=55239"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/55239\/revisions"}],"predecessor-version":[{"id":55241,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/55239\/revisions\/55241"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/55240"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=55239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=55239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=55239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}