Following are the opinions by experts on the Interim Budget 2019-20 presented by Finance Minister Piyush Goyal on Friday: Joe Verghese, Managing Director, Colliers International India. If the government is looking for a silver bullet in an election year, when the threat of “jobless growth” is rearing its head, injecting liquidity into the real estate/ […]
Tag: Interim Budget 2019-20
Marginal hike in defence budget, modernisation to stay on track
New Delhi : India’s defence budget crossed Rs 3 lakh crore-mark as the outlay for the armed forces has been increased in the interim budget to Rs 3,05,296 crore against last year’s revised estimate of Rs 2,85,423 crore — a hike of 6.96 per cent. The defence modernisation programme is expected to remain on track […]
Final ‘jumla’ of Modi government: AAP on budget
New Delhi : The Aam Aadmi Party (AAP) on Friday called the Interim Budget for 2019-20 the “final jumla” of the Modi government. “Final jumla of Modi government: its Interim Budget too completely disappoints Delhi,” AAP chief Arvind Kejriwal tweeted. AAP MP Sanjay Singh said the Modi government had come out with a blast of […]
Highlights: Populist sops draw loud cheers amid Modi-Modi chants
New Delhi : Populist announcements, including full income tax exemption for individual tax payers having an annual income up to Rs 5 lakh and Rs 6,000 cash support to small and marginal farmers drew the most attention from Lok Sabha members on Friday when Finance Minister Piyush Goyal was presenting the Interim Budget 2019-20. It […]
Election bonanza for middle class, tax exemption limit up at Rs 5 lakh
New Delhi : In a bonanza for the country’s middle class in an election year, the government on Friday proposed various tax sops including tax exemption for individual annual incomes of Rs 5 lakh, all of which add up to taking individual incomes up to Rs 9.5 lakhs outside the tax net. Presenting the Interim […]
Anti-black money moves brought Rs 1.3 lakh cr income to tax: Goyal
New Delhi : Presenting the Interim Budget 2019-20, Union Finance Minister Piyush Goyal on Friday said the measures taken against black money by the Centre since 2014 have brought income of Rs 1,30,000 crore to tax. Asserting the Modi government’s commitment to eliminate black money from the economy, he said measures like Black Money (Undisclosed […]