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Union Budget 2019 Page-2

Union Budget 2019: Textiles, apparel industry allocation drops by 30 per cent

In the present Budget, the grant for textile and apparel is budgeted at Rs 4,8318 cr

06 Jul 2019 7:28 AM

Budget 2019: 2 per cent TDS on cash payments above Rs 1 cr

The move to use Aadhaar number for filing returns is expected to ease the tax-filing process.

06 Jul 2019 7:09 AM

Budget 2019: What’s in store for a taxpayer?

Additional income tax deduction of Rs 1.5 lakh rupees on the interest paid on loans taken to purchase e-vehicles.

06 Jul 2019 7:04 AM

Budget 2019: Boost for e-mobility; auto industry left high and dry

The FM announced the reduction of GST on electric vehicles from 12% to 5%.

06 Jul 2019 6:59 AM

Budget 2019: Gold and silver all set to become costlier by 2.5 per cent

Apart from the duty hike, rupee appreciation too lifted gold prices by Rs 900.

06 Jul 2019 6:53 AM


Budget 2019: Less funds for 2 departments of Jal Shakti ministry

The allocation for department of water resources and Ganga rejuvenation for 2019-20 is Rs 8,245 crore, which was Rs 8,860 crore in 2018-19.

06 Jul 2019 6:42 AM

Union Budget 2019: Big incentives for rural business and women start-ups

WCD minister Smriti Irani took to Twitter to praise the Budget, saying it will give further impetus to the mission of women-led development.

06 Jul 2019 6:38 AM

Budget 2019: Aadhaar, PAN interchangeable for IT returns

The move is aimed at improving tax compliance and ease the process of tax payment for tax payers.

06 Jul 2019 6:27 AM

Budget 2019: Common man hit hard as many items of daily use to get costlier

Sitharaman said exemptions from customs duty on certain electronic items that are now being made in India are being withdrawn.

06 Jul 2019 6:21 AM

Budget 2019: Affordable housing gets shot in the arm, with major tax breaks

The minister also proposed providing capital gains exemption from profits earned by selling residential houses by investing in start-ups.

06 Jul 2019 6:17 AM


Union Budget 2019: Fresh thrust on ‘gaon, garib, kisan’

Both the “ease of doing business” and the “ease of living” should apply to farmers too.

06 Jul 2019 6:13 AM

Budget 2019: Makers of EVs welcome GST cut

In 2018, the state government had signed a memorandum with Energy Efficiency Services Limited (EESL) to procure 1,000 EVs in the first phase.

06 Jul 2019 2:59 AM

Union Budget 2019: Delhi’s share in taxes static for 18 yrs at Rs 325cr, Kejriwal fumes

AAP govt had demanded Rs 6,000 crore as share in Central taxes.

06 Jul 2019 2:42 AM

Low on populism, Budget 2019 aims to spur growth with rural focus

Petrol, diesel costlier by Rs 2/litre; sops for startups; incentives for e-vehicles.

06 Jul 2019 2:40 AM

Union Budget 2019: Marginal hike in CBI Budget, gets Rs 781 crore

Finance Minister Nirmala Sitharaman Friday presented Union Budget for 2019-20 in Parliament.

06 Jul 2019 2:38 AM


Budget extends hope, boosts self-confidence: PM Modi

Modi calls it a document for building ‘New India’, empowering downtrodden in society.

06 Jul 2019 2:35 AM

Union Budget 2019: Rs 100cr allotted to Lokpal office

The anti-corruption body got its chairperson and members in March this year.

06 Jul 2019 2:33 AM

Blueprint for a $5 trillion economy

The Budget advocates policies via four pillars of thrust that can push the India economy to a level of $5 trillion — in sync with PM Modi's vision.

06 Jul 2019 2:28 AM

Union Budget 2019: More doors opened for FPI, NRI investments

FPIs allowed to invest in listed REITs and InvITs.

06 Jul 2019 2:25 AM

Union Budget 2019: Easier sourcing norms for single brand retail

The budget proposed opening up of aviation, media and insurance while easing FDI norms in single brand retail.

06 Jul 2019 2:23 AM