Businesses with less than Rs. 5 crore annual turnover, comprising over 90% of GST payers, will be allowed to return quarterly returns: FM
18% increase in direct tax collections in 2017-18, 1.06 crore people included in tax base; more than 1 crore citizens filed IT returns for the first time, after demonetization: FM Shri Piyush Goyal #Budget2019
#UnionBudget2019 : We are poised to become a 5 trillion dollar economy in the next five years, we aspire to become a 10 trillion dollar economy in the next eight years: FM Shri Piyush Goyal
FM: Rs. 1,30,000 crores undisclosed income brought to tax
FM: Benaami transactions Rs. 6900 crores and foreign income worth Rs. 1600 crores were found
Single window clearance for filmmaking to be made available to Indian filmmakers
FM: 3,38,000 shell companies were wound up and directors of these companies disqualified
No relief for salaried class yet !!
Assured farm income for farmers: FM
FM: Within next 2 years all assessment of returns to be done electronically
The Group of Ministers is examining how prospective house buyers can benefit under Goods & Services Tax: FM
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