Interim Budget 2019 News

Budget 2019

A few income tax changes interim budget 2019 announced for salaried class

Individuals with gross income up to ₹6.5 lakh will not need to pay any tax if they make investments in provident funds and prescribed equitiesNo tax for those whose taxable income is less than ₹5 lakh

1 min read29 Jun 2019
Politics

Piyush Goyal's interim budget passed by Lok Sabha

Interim FM Piyush Goyal has rejected opposition claim that he has presented a full budget instead of an interim oneCongress MP Shashi Tharoor had alleged that the government has presented a budget with retrospective effect

2 min read12 Feb 2019
Politics

Piyush Goyal favours printing currency as a way to finance deficit

'I have heard that the US does deficit financing only by printing currency,' Goyal saidThe fiscal deficit estimate for the current year has been revised upwards to 3.4% of the GDP

1 min read10 Feb 2019
Money

How is your tax slab calculated?

Remember that your entire income doesn’t get taxed at one rateBesides your tax slab, you also have to pay cess on your total tax outgo

1 min read10 Feb 2019
Money

Can you get tax rebate?

Not everyone will benefit from tax rebate on up to ₹5 lakh unlike in the case of tax exemption on income slabAre you wondering whether you will get the benefit or not? Here is the math

2 min read9 Feb 2019
Money

Pre-election interim budget 2019 has something for everyone

While those with taxable incomes up to ₹5 lakh will go away the happiest from the interim budget, there is a little bit of good news for everyoneThe increase in standard deduction to ₹50,000 for the salaried class will help individuals save more tax

5 min read4 Feb 2019
Budget 2019

Opinion | An interim budget that seeks a potential electoral dividend

This election focused budget focuses on three important 'constituencies', the middle class, the land owning farmer and the rural power

3 min read2 Feb 2019
Budget 2019

Opinion: NDA govt’s final budget is a ‘political put option’

This budget has a unique retrospective component for many policy announcements

3 min read2 Feb 2019
Budget 2019

Budget assumptions raise questions on fiscal maths

Disinvestment targets ambitious, assumption of tax buoyancy unreasonable, say analystsGovt has set a disinvestment target of Rs. 90,000 crore in FY20, despite having realized only Rs. 35,533 crore so far

3 min read2 Feb 2019
Budget 2019

Opinion | Piyush Goyal digs deep into the poll vault

A Rs. 75,000 crore substantial income support scheme for farmers one of the several key highlights of the budget

4 min read2 Feb 2019
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