Live updates and discussion on Budget 2019


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Mita Basak (Professional)     01 February 2019

Mita Basak
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Our commitment to promote renewable energy is reflected in our initiative to set up International Solar Alliance; installed solar generation capacity has increased 10 times in last five years; lakhs of new jobs being created by the sector: FM Shri Piyush Goyal #Budget2019


Urgent action needed to increase hydrocarbon production to decrease imports; change in bidding procedure and exploration procedure being implemented: FM Shri Piyush Goyal #Budget2019


Allocation for #NorthEasternRegion proposed to be increased to 58,166 crore in this year, a 21% rise over previous year: FM Shri Piyush Goyal #Budget2019

vamsi krishna (article student)     01 February 2019

vamsi krishna
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Gratuity limit increased from Rs 10 lakh to Rs 30 lakh: FM

Ayush (Executive )     01 February 2019

Ayush
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India is the fastest highway developer in the whole world, 27 kms of highways built each day, projects stuck for decades completed; #SagarMala will help faster handling of import and export cars: FM Shri Piyush Goyal #Budget2019

Suhasini (Finance Professional)     01 February 2019

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Capital support for Railways at Rs 64,587 crore for FY20: FM
No unmanned rail crossing left in broadgauge network: FM
India is the fastest highway developer in the world: Piyush Goyal

Govt increases allocation for north eastern states to 21%

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Mita Basak (Professional)     01 February 2019

Mita Basak
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Cost of data and voice calls in India is now possibly the lowest in the world; mobile and mobile part manufacturing companies have increased from 2 to 268: FM Shri Piyush Goyal #Budget2019


Single window clearance for filmmaking to be made available to Indian filmmakers, anit-camcording provision to be introduced to Cinematography Act to combat film privacy: FM Shri Piyush Goyal #Budget2019


34 crore #JanDhanYojana accounts opened in last five years; Aadhaar almost universally implemented; ensuring poor and middle class receive government benefits directly: FM Shri Piyush Goyal #Budget2019

vamsi krishna (article student)     01 February 2019

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Cost of data and voice calls in India is now possibly the lowest in the world; mobile and mobile part manufacturing companies have increased from 2 to 268: Piyush Goyal

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Prerna Saraogi (Assistant Editor- CAclubindia)     01 February 2019

Prerna Saraogi
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The tax collections were doubled this year, and the returns filed were increased by 80%.

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Prerna Saraogi (Assistant Editor- CAclubindia)     01 February 2019

Prerna Saraogi
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PM: 99.4% returns were accepted without scrutiny in the last year.

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Aruhi (Finance Professional)     01 February 2019

Aruhi
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Defence budget enhanced beyond Rs 3 lakh crore, says Piyush Goyal

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Mita Basak (Professional)     01 February 2019

Mita Basak
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Simplification of direct tax system will benefit taxpayers; direct tax reduced and tax interface made simpler and faceless to make life easier; resulting in increase in tax collections and return filings: FM Shri Piyush Goyal #Budget2019


99.54% returns have been accepted without any scrutiny: FM Shri Piyush Goyal 


Direct tax collections from 6.38 lakh crore rupees in 2013-14 to almost 12 lakh crore rupees; tax base up from 3.79 crore to 6.85 crore: FM Shri Piyush Goyal 

Within almost two years, almost all assessment and verification of IT returns will be done electronically by an anonymized tax system without any intervention by tax officials: FM Shri Piyush Goyal #Budget2019


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