ICSI President Welcomes the Interim BudgetThe Institute of Company Secretaries of India (ICSI) applauds the Interim Budget 2019 presented by the Finance Minister Piyush Goyal focusing on state of economy, tax reforms and GST, unorganized sectors, assured income to farmers, developing infrastructure,..
The Interim Finance Minister, Shri Piyush Goyal, being a Chartered Accountant with deep insight of the state of affairs of the Indian economy, while presenting his maiden Union Budget 2019-20, emphasized that the country witnessed its best phase of macro-economic stability during the last fou..
Interim Budget 2019-2020- Speech of Piyush Goyal,
Minister of Finance on February 1, 2019
I rise to present the Interim Budget for the year 2019-20.
1. I am deeply conscious of the absence of Shri Arun Jaitley today. I am sure the House joins..
Relief of over Rs 23,000 crore to estimated 3 Crore small and middle class tax-payers
TDS threshhold on interests on small savings raised
Boost to housing and real estate sector
FM announces a slew of tax reliefs for middle class and small tax payers
Individual taxpayers having taxable a..
THE FINANCE BILL, 2019
A BILL to continue the existing rates of income-tax for the financial year 2019-2020 and to provide for certain relief to taxpayers and to make amendments in certain enactments.
BE it enacted by Parliament in the Seventieth Year of the Republic of..
Rates continuously reduced providing relief of about r. 80,000 crore annually to consumers Most items of daily use of poor and middle class now in the 0% or 5% tax slab Average GST collection in the current financial year stands at Rs. 97,100 crore per month as compared to Rs. 89,700 crore per month..
80% growth in tax base; number of returns filed increased from 3.79 crore to 6.85 Crore Within the next 2 years, almost all verification and assessment of returns selected for scrutiny to be done electronically
The Government has reduced tax rates, more for the common man and middle class, and ma..
Rs 6,900 Crore worth Benami assets and Rs 1600 Crore worth foreign assets attached 18% growth in direct tax collection in Fy 2017-18 Tax base increased by 1.06 Crore people filing ITR for 1st time mainly on account of demonetization
The anti-black money measures taken by the Government duri..
BUDGET SUMMARY WITH MAJOR HIGHLIGHTS OF THE INTERIM BUDGET 2019-20
INTERIM BUDGET 2019-20 PRESENTED IN PARLIAMENT TODAY HAS A MAJOR SCHEME FOR FARMERS AND PROVIDES FOR INCOME TAX SOPS
THIS INTERIM BUDGET IS TO BE VIEWED AS A MEDIUM FOR A PROGRESSIVE PATH FOR THE COUNTRY, THE FINANCE MINISTER S..
The Finance Bill 2019-20 has brought many Direct Tax reforms. These reforms are aimed at providing relief to the individuals who fall under the middle class income bracket. It brings a general relief by giving rebate and at the same time provides further relief to the salaried class by increasing th..