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BUDGET 2019

BUDGET 2019

Photograph by Vivek Dubey

SIAM's budget wish: GST cut on auto, vehicle scrappage scheme

Jun 02, 2019

Bringing down the tax rate will reduce vehicle prices, which will help in spurring demand that has been sluggish for the last 11 months, said an industry executive

TN govt presents tax free budget 2019-20, estimates revenue deficit around Rs 14,300 crore

Feb 08, 2019

"With higher SOTR (state's own tax revenue) growth, coupled with the phasing out of the impact of Ujwal Discom Assurance Yojana (Uday) and pay revision, the state expects to bring down the revenue deficit in the coming years," says Deputy Chief Minister O Panneerselvam

Rs 7.8 lakh crore tax revenues stuck in disputes

Feb 07, 2019

Some of these disputes date back to over 10 years, but a bulk of the amount stuck is from recent years. Of the Rs 7.8 lakh crore, disputes involving Rs 7 lakh crore are less than five years old.

Was infrastructure sector a gainer in the Interim Budget 2019?

Feb 06, 2019

With multitude of announcements in the farming and social sectors, the government was perhaps more constrained to make allocation to the infrastructure sector.

Why the Modi govt needs to be commended for the Interim Budget 2019

Feb 05, 2019

Government has shown good intentions, the key is to now deliver this in letter and spirit.

Education and skilling opportunities in the interim budget

Feb 05, 2019

The interim budget announces various measures like interest subvention on loans to small businesses and village industries; The proposal to transform one lakh villages into digital villages over the next 5 years is expected to generate jobs.

Fiscal deficit touches 112% of FY19 budget target at Rs 6.24 lakh crore during April-December

Feb 04, 2019

At the end of December 2017, the deficit was 113.6 per cent of the Budget Estimate (BE).

Budget 2019: Key hits and misses in taxation

Feb 04, 2019

The salaried class has an additional reason to cheer as the limit of standard deduction, which was re-introduced last year, has been enhanced from Rs 40,000 to Rs 50,000.

'People earning Rs 8-9 lakh annually don't need to pay income tax if they make proper investments'

Feb 03, 2019

The government has proposed to give full tax rebate to individuals having taxable annual income up to Rs 5 lakh with a view to benefitting around 3 crore middle class taxpayers at an estimated revenue sacrifice of Rs 18,500 crore.

Budget 2019: Govt to start disbursing funds under PM-KISAN scheme in February itself

Feb 03, 2019

Finance Minister Piyush Goyal has already earmarked Rs 20,000 crore for disbursal among 12 crore farmers under the scheme in the current financial year.

Budget 2019: Govt may increase Rs 500 per month cash support scheme to farmers in future, says Arun Jaitley

Feb 03, 2019

Arun Jaitley slams Congress President Rahul Gandhi for ridiculing the scheme announced in the Interim Budget for 2019-20 by equating it to Rs 17 a day dole.