Live updates and discussion on Budget 2019


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Mita Basak (Professional)     01 February 2019

Mita Basak
Professional 
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Capital gains exemption under Sec 54 to be available on 2 house properties
Capital gains exemption under Sec 54 increased to Rs 2 cr: FM
TDS limit hiked from Rs 10,000 to Rs 40,000 on Post-Office savings.
Tax on notional rent on unsold inventory to be levied after 2 years: FM
No TDS on house rent of up to Rs 2.4 lakh per year: FM
Capital gains exemption under section 54 increased to Rs 2 crore, to be available on 2 house properties

vamsi krishna (article student)     01 February 2019

vamsi krishna
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Individual taxpayers having annual income upto Rs 5 lakhs will get full tax rebate. Individuals with gross income up to 6.5 lakh rupees will not need to pay any tax if they make investments in provident funds and prescribed equities :FM Piyush Goyal 

 

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vamsi krishna (article student)     01 February 2019

vamsi krishna
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Capital gains exemption under Sec 54 to be available on 2 house properties Capital gains exemption under Sec 54 increased to Rs 2 cr: FM TDS limit hiked from Rs 10,000 to Rs 40,000 on Post-Office savings. Tax on notional rent on unsold inventory to be levied after 2 years: FM No TDS on house rent of up to Rs 2.4 lakh per year: FM Capital gains exemption under section 54 increased to Rs 2 crore, to be available on 2 house properties

Individual taxpayers having annual income upto Rs 5 lakhs will get full tax rebate. Individuals with gross income up to 6.5 lakh rupees will not need to pay any tax if they make investments in provident funds and prescribed equities :FM Piyush Goyal  

 

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NAVEEN CHAND (© terabhaiCAbanega)     02 February 2019

NAVEEN CHAND
© terabhaiCAbanega 
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OVERALL budget is awesome as it tries to cover all the sector 

as households benefits are at par for the salaried person and even for the other individuals. 

and the investors are also happy as the stamp duty in securities are get centralised as  earlier it is charged as state wise stamp duty ... and there will be reduction in stamp duty (expected) unified tax for investors w.r.t. STAMP DUTY 

they also cover farmers via giving 6000 per month 

also cover the unorganised sector employees, as to provide pension 3000 per year after age of 60 years 

and benefits to person having two houses 

and much more 

so the overall budget is awesome !!   

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Nitesh bind (Student CA Final )     02 February 2019

Nitesh bind
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thanks for the information


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