• MARKETS

  • Loading content...
You are here » Home » Budget

Budget

  • Highlights: Including money allocated to defence pensions and the defence ministry, the defence allocation for 2019-20 rose to Rs 4.31 trillion, just 6.35 per cent more than the revised estimates for 2018-19. This will be insufficient to cover even cost inflation and foreign exchange depreciation during the year. The defence allocation for the coming year will account for 15.5 per cent of the central government’s expenditure, and 2.05 per cent of the estimated Gross Domestic Product (GDP). This is significantly lower than this year’s revised estimates of 16.5 per cent of the government’s expenditure and 2.15 per cent of the GDP.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.   The interim Budget anyway had limited ability to push growth, given the Fiscal Responsibility and Budget Management Act (FRBM) constraints.
  • Highlights:How far does the budget go in addressing issues facing India's farm sector? Watch this video to know more:
  • Highlights: The government will provide a total of Rs 3,900 crore for servicing Air India's loans transferred to a special purpose vehicle, according to Budget documents.   The Air India Asset Holding Ltd, a special purpose vehicle, has been set up as part of financial restructuring of the debt-laden national carrier.   According to the documents presented in the interim Budget for 2019-20, the government has decided to allocate Rs 1,300 crore for the special purpose vehicle this fiscal.   Besides, Rs 2,600 crore would be provided in the next financial year.   Put together, it would be Rs 3,900 crore allocation for the special purpose vehicle.
  • Highlights:Piyush Goyal: GST has prepared the nation for rapid development. It is not a poor implementation, there is no country which dared to make such a large scale change.
  • Highlights:This Interim Budget will take India forward into the future
  • Highlights:Finance Minister Piyush Goyal raises TDS limit on post-office and bank savings from Rs 10,000 to Rs 40,000 
  • Highlights:No TDS on house rent up to Rs 2.4 lakh per year, announced FM Piyush Goyal
  • Highlights: Including money allocated to defence pensions and the defence ministry, the defence allocation for 2019-20 rose to Rs 4.31 trillion, just 6.35 per cent more than the revised estimates for 2018-19. This will be insufficient to cover even cost inflation and foreign exchange depreciation during the year. The defence allocation for the coming year will account for 15.5 per cent of the central government’s expenditure, and 2.05 per cent of the estimated Gross Domestic Product (GDP). This is significantly lower than this year’s revised estimates of 16.5 per cent of the government’s expenditure and 2.15 per cent of the GDP.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.   The interim Budget anyway had limited ability to push growth, given the Fiscal Responsibility and Budget Management Act (FRBM) constraints.
  • Highlights:This Interim Budget will take India forward into the future
  • Highlights:An allocation of Rs 1.59 trn for capital expenditure in railways, compared to the Rs 1.48 trn in Budget 2018-19
  • Highlights:Piyush Goyal: Committed to eliminating the scourge of black money; anti-black money measures taken have brought an undisclosed income of about Rs 1.30 trillion to the fore; 3.38 lakh shell companies were deregistered.
  • Highlights:GST collections in January 2019 has crossed Rs 1 trillion: Piyush Goyal
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.   The interim Budget anyway had limited ability to push growth, given the Fiscal Responsibility and Budget Management Act (FRBM) constraints.
  • Highlights:This Interim Budget will take India forward into the future
  • Highlights:An allocation of Rs 1.59 trn for capital expenditure in railways, compared to the Rs 1.48 trn in Budget 2018-19
  • Highlights: Infrastructure Development   1. More than 100 operational airports 2. Domestic passenger traffic doubled in last 5 years 3. Today, India is the fastest highway developer in the world   We have gone beyond incremental growth,to attain trans-formative achievements, says Piyush Goyal
  • Highlights: Piyush Goyal's Budget 2019 speech:   1. India has achieved over 98% rural sanitation coverage   2. 5.45 lakh villages declared ODF    3. Swachh Bharat now a national movement
  • Highlights:India is the fastest highway developer in the whole world. 27 km of highways are built each day, projects stuck for decades have been completed; Sagarmala will help faster handling of import and export cars, says FM Piyush Goyal
  • Highlights:Gone beyond incremental growth in infra, to attain transformative achievements: FM Piyush Goyal
  • Highlights:FM Piyush Goyal announces Rs 64,587-crore railway outlay for FY20
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.   The interim Budget anyway had limited ability to push growth, given the Fiscal Responsibility and Budget Management Act (FRBM) constraints.
  • Highlights: The government will provide a total of Rs 3,900 crore for servicing Air India's loans transferred to a special purpose vehicle, according to Budget documents.   The Air India Asset Holding Ltd, a special purpose vehicle, has been set up as part of financial restructuring of the debt-laden national carrier.   According to the documents presented in the interim Budget for 2019-20, the government has decided to allocate Rs 1,300 crore for the special purpose vehicle this fiscal.   Besides, Rs 2,600 crore would be provided in the next financial year.   Put together, it would be Rs 3,900 crore allocation for the special purpose vehicle.
  • Highlights:This Interim Budget will take India forward into the future
  • Highlights:Piyush Goyal: Committed to eliminating the scourge of black money; anti-black money measures taken have brought an undisclosed income of about Rs 1.30 trillion to the fore; 3.38 lakh shell companies were deregistered.
  • Highlights:GST collections in January 2019 has crossed Rs 1 trillion: Piyush Goyal
  • Highlights:Most items of daily use are now in the 0-5% slab making GST beneficial for the middle class.
  • Highlights:GST has been continuously reduced, resulting in relief of Rs 80,000 crore to consumers; most items of daily use for poor and middle class are now in the 0%-5% tax bracket: Piyush Goyal
  • Highlights:Within almost two years, almost all assessment and verification of I-T returns will be done electronically by an anonymized tax system without any intervention by tax officials: Piyush Goyal
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.   The interim Budget anyway had limited ability to push growth, given the Fiscal Responsibility and Budget Management Act (FRBM) constraints.
  • Highlights:This Interim Budget will take India forward into the future
  • Highlights:Finance Minister Piyush Goyal raises TDS limit on post-office and bank savings from Rs 10,000 to Rs 40,000 
  • Highlights:No TDS on house rent up to Rs 2.4 lakh per year, announced FM Piyush Goyal
  • Highlights:Standard deduction for the salaried raised from Rs 40,000 to Rs 50,000 
  • Highlights:Individual tax payers with annual tax income up to Rs 5 lakh will get full tax rebate: Goyal
  • Highlights:Most items of daily use are now in the 0-5% slab making GST beneficial for the middle class.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.   The interim Budget anyway had limited ability to push growth, given the Fiscal Responsibility and Budget Management Act (FRBM) constraints.
  • Highlights:This Interim Budget will take India forward into the future
  • Highlights: Piyush Goyal's Budget 2019 speech:   1. India has achieved over 98% rural sanitation coverage   2. 5.45 lakh villages declared ODF    3. Swachh Bharat now a national movement
  • Highlights: Piyush Goyal: Instead of rescheduling of crop loans, the farmers severely affected by natural calamities will get 2% interest subvention and additional 3% interest subvention upon timely repayment.    
  • Highlights:The Pradhan Mantri Kisan Samman Nidhi will be fully funded by the govt, announces Finance Minister Piyush Goyal
  • Highlights:
  • Highlights:Committee under NITI Aayog to be set up to identify and denotify nomadic and semi-nomadic communities; Welfare Development Board to be set up under Ministry of Social Justice & Empowerment for welfare of these hard-to-reach communities and for tailored strategic interventions : Piyush Goyal
  • Highlights:Pradhan Mantri Kisan Samman Nidhi payments will be made in three equal instalments of Rs 2,000 each, says FM Piyush Goyal
  • Highlights:Pradhan Mantri Kisan Samman Nidhi distribution to be with effect from December 2018
  • Highlights: Including money allocated to defence pensions and the defence ministry, the defence allocation for 2019-20 rose to Rs 4.31 trillion, just 6.35 per cent more than the revised estimates for 2018-19. This will be insufficient to cover even cost inflation and foreign exchange depreciation during the year. The defence allocation for the coming year will account for 15.5 per cent of the central government’s expenditure, and 2.05 per cent of the estimated Gross Domestic Product (GDP). This is significantly lower than this year’s revised estimates of 16.5 per cent of the government’s expenditure and 2.15 per cent of the GDP.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.   The interim Budget anyway had limited ability to push growth, given the Fiscal Responsibility and Budget Management Act (FRBM) constraints.
  • Highlights:This Interim Budget will take India forward into the future
  • Highlights: OROP, pending for last 40 years, has been implemented by us, says Goyal.
  • Highlights:Already disbursed Rs 35,000 crore for our soldiers under OROP, substantial hike in military service pay has been announced: Piyush Goyal
  • Highlights:9 nine priority areas identified; National Artificial Intelligence Portal to be developed soon: Piyush Goyal
  • Highlights:We've built a country where we can be free from communalism, casteism, terrorism, says Piyush Goyal.
  • Highlights:Prime Minister Narendra Modi’s finance ministry earlier hinted that the government would not hesitate to announce a few major reforms in its interim budget. However, it would significantly derail its claim of being fiscally prudent, according to several sectoral experts.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.   The interim Budget anyway had limited ability to push growth, given the Fiscal Responsibility and Budget Management Act (FRBM) constraints.
  • Highlights: The government will provide a total of Rs 3,900 crore for servicing Air India's loans transferred to a special purpose vehicle, according to Budget documents.   The Air India Asset Holding Ltd, a special purpose vehicle, has been set up as part of financial restructuring of the debt-laden national carrier.   According to the documents presented in the interim Budget for 2019-20, the government has decided to allocate Rs 1,300 crore for the special purpose vehicle this fiscal.   Besides, Rs 2,600 crore would be provided in the next financial year.   Put together, it would be Rs 3,900 crore allocation for the special purpose vehicle.
  • Highlights:This Interim Budget will take India forward into the future
  • Highlights:We've built a country where we can be free from communalism, casteism, terrorism, says Piyush Goyal.
  • Highlights:Prime Minister Narendra Modi’s finance ministry earlier hinted that the government would not hesitate to announce a few major reforms in its interim budget. However, it would significantly derail its claim of being fiscally prudent, according to several sectoral experts.
  • Highlights:The main focus of Interim Budget 2019, the last for Narendra Modi-led NDA government before Lok Sabha elections 2019, is expected to be on the rural sector and the urban middle-class.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.   The interim Budget anyway had limited ability to push growth, given the Fiscal Responsibility and Budget Management Act (FRBM) constraints.
  • Highlights:This Interim Budget will take India forward into the future
  • Highlights:An allocation of Rs 1.59 trn for capital expenditure in railways, compared to the Rs 1.48 trn in Budget 2018-19
  • Highlights:Finance Minister Piyush Goyal raises TDS limit on post-office and bank savings from Rs 10,000 to Rs 40,000 
  • Highlights:No TDS on house rent up to Rs 2.4 lakh per year, announced FM Piyush Goyal
  • Highlights:Standard deduction for the salaried raised from Rs 40,000 to Rs 50,000 
  • Highlights:Individual tax payers with annual tax income up to Rs 5 lakh will get full tax rebate: Goyal
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.   The interim Budget anyway had limited ability to push growth, given the Fiscal Responsibility and Budget Management Act (FRBM) constraints.
  • Highlights:This Interim Budget will take India forward into the future
  • Highlights:We've built a country where we can be free from communalism, casteism, terrorism, says Piyush Goyal.
  • Highlights:Prime Minister Narendra Modi’s finance ministry earlier hinted that the government would not hesitate to announce a few major reforms in its interim budget. However, it would significantly derail its claim of being fiscally prudent, according to several sectoral experts.
  • Highlights:The main focus of Interim Budget 2019, the last for Narendra Modi-led NDA government before Lok Sabha elections 2019, is expected to be on the rural sector and the urban middle-class.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.   The interim Budget anyway had limited ability to push growth, given the Fiscal Responsibility and Budget Management Act (FRBM) constraints.
  • Highlights:This Interim Budget will take India forward into the future
  • Highlights:Budget 2019: Urgent action needed to increase hydrocarbon production to decrease imports; change in bidding procedure and exploration procedure being implemented: Piyush Goyal
  • Highlights:Our commitment to promote renewable energy is reflected in our initiative to set up International Solar Alliance; installed solar generation capacity has increased 10 times in last five years; lakhs of new jobs being created by the sector: Piyush Goyal
  • Highlights:We've built a country where we can be free from communalism, casteism, terrorism, says Piyush Goyal.
  • Highlights:Prime Minister Narendra Modi’s finance ministry earlier hinted that the government would not hesitate to announce a few major reforms in its interim budget. However, it would significantly derail its claim of being fiscally prudent, according to several sectoral experts.
  • Highlights:The main focus of Interim Budget 2019, the last for Narendra Modi-led NDA government before Lok Sabha elections 2019, is expected to be on the rural sector and the urban middle-class.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.
  • Highlights: The interim Budget was framed under the backdrop of farm distress and a slowing global economy with risks tilted to the downside. India’s growth in fiscal 2020 will be driven largely by exogenous or luck factors and, to some extent, by budgetary initiatives.   Two of these are the price of crude oil and monsoon. Brent crude at $60-65 per barrel and another spell of normal rains, along with budgetary support, can help lift India’s gross domestic product (GDP) growth rate to 7.3 per cent in fiscal 2020.   The interim Budget anyway had limited ability to push growth, given the Fiscal Responsibility and Budget Management Act (FRBM) constraints.
  • Highlights: The Interim Budget appears to be on more or less expected lines. There’s a grant to farmers with holdings of less than 2 hectares. Moreover, that is with retrospective effect so, it will be disbursed from this quarter itself, rather than from April onwards. That might mean some resurgence in demand in rural and semi-urban India, with attendant rise in toplines for corporates with rural exposure.   There’s a tax rebate for individuals with up to Rs 500,000 in taxable income. If such an individual uses instruments permissible under Sec 80C of the IT Act, upto Rs 650,000 of income could be subject to rebate. But this will not affect the tax incidence for anybody who earns even one rupee more than the ceiling. This could benefit up to 30 million tax payers, according to first estimates.
  • Highlights:This Interim Budget will take India forward into the future
  • Highlights:An allocation of Rs 1.59 trn for capital expenditure in railways, compared to the Rs 1.48 trn in Budget 2018-19
  • Highlights:We've built a country where we can be free from communalism, casteism, terrorism, says Piyush Goyal.
  • Highlights:Sensex up by 151.44 points, currently at 36,408.13 ahead of Budget 2019 presentation.
  • Highlights:Prime Minister Narendra Modi’s finance ministry earlier hinted that the government would not hesitate to announce a few major reforms in its interim budget. However, it would significantly derail its claim of being fiscally prudent, according to several sectoral experts.
  • Highlights:The main focus of Interim Budget 2019, the last for Narendra Modi-led NDA government before Lok Sabha elections 2019, is expected to be on the rural sector and the urban middle-class.
  • Highlights: Arun Jaitley said LTCG from sale of equity shares and equity mutual fund schemes will now be taxed at 10%, if your total capital gains in a year cross Rs 1 lakh. Below Rs 1 lakh, gains won’t be taxed. Prior to that, there was no LTCG tax if you sell your shares or equity mutual fund units after holding them for a year.