News digest: Tax proposals in interim budget, Myntra CEO may quit, and more

Modi govt's interim budget may include direct tax announcements: Sources

The 2019-20 interim Budget before the Lok Sabha elections could have a more expanded section for tax proposals than any other interim Budgets in the past. 

Sources familiar with the developments said discussions had already been held at the highest levels of the government to include a number of direct tax announcements in Finance Minister Arun Jaitley’s speech. 

However, no final decision has been taken yet, as the contents of Jaitley’s speech will only be finalised by mid-January. The interim Budget is expected to be presented on February 1, 2019.