Key Highlights of Union Budget 2019-20 The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman made her maiden Budget Speech today and presented the Union Budget 2019-20 before the Parliament. The key highlights of Union Budget 2019 are as follows: 10-point Vision for the decade Building Team India with Jan Bhagidari: Minimum Government Maximum … [Read more...] about Key Highlights of Union Budget 2019-20
PM lauds the Union Budget 2019-2020
PM lauds the Union Budget 2019-2020 Budget will boost India’s development in 21st century: PM The Prime Minister, Shri Narendra Modi, today lauded the Union Budget 2019-2020, as the budget for building New India. In a statement after the presentation of the Annual Budget 2019-2020 by the Finance Minister in the Parliament, the Prime Minister said that budget will … [Read more...] about PM lauds the Union Budget 2019-2020
Budget 2019 : Taxation
Budget 2019 : Taxation Taxpayers performed their duty. She quotes from the Puranaanooru. In direct taxes, due to a slew of efforts, the revenue has increased by over 78% to ₹11.37 lakh crore. ₹5 lakh minimum limit announced for taxpayers. Additional deduction on loans upto March 31 2020 for buying affordable houses giving RS 7 lakh benefit to home buyers Lower rate of 25% … [Read more...] about Budget 2019 : Taxation
Budget 2019 Updates
Budget 2019 Updates Currently, 25% corporate tax rate is applicable to companies with an annual turnover of up to Rs 250 crore. This has been extended to companies with turnover of up to Rs 400 crore. Only 0.7% companies will remain outside of this 25% rate. 2.45 P.M. In the press conference of the Budget, Minister Nirmala Sitharaman says the government is … [Read more...] about Budget 2019 Updates
Budget 2019 highlights for Working class
Budget 2019 highlights for Working class. Individual tax payers with annual income of upto Rs 5 lakh are expected to get full tax rebate. Those with gross income up to Rs 6.5 lakh will be exempted from tax payment, invest Rs 1.5 lakh under section 80C in any of the eligible tax saving avenues of PPF, EPF etc or use tuition fees paid for children to claim a deduction of the … [Read more...] about Budget 2019 highlights for Working class
Budget 2019 Highlights – Live Update
Budget 2019 Highlights – Live Update Defence Budget enhanced above Rs 3 lakh crore, more allocation if required – FM Within next 2 years, all assessment and verification of IT returns will be done electronically Tax collection increased to 12 lakh crore this year 34 crore Jan Dhan Yojana accounts opened in last five years Pradhan Mantri Shram Yogi Mandhan … [Read more...] about Budget 2019 Highlights – Live Update
Budget 2019 India: Interim budget Expectations.
Budget 2019 India: Interim budget Expectations. With Union Cabinet Minister Arun Jaitley in the US for medical reasons, Union Finance Minister and Railway Minister Piyush Goyal has been entrusted with the duty to present India Budget 2019 on February 1. Given the fact that the Union Budget will be presented a few months ahead of the Lok Sabha Elections 2019, debate escalates … [Read more...] about Budget 2019 India: Interim budget Expectations.