Friday, 1 February 2019

Budget 2019 – Live Blog

Budget 2019 – Live Blog




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Capital gain Exemption under section 54 increased to Two Cores #LiveBudget #Budget2019
 
 
Individuals with gross income up to 6.5 lakh rupees will not need to pay any tax if they make investments in provident funds and prescribed equities #BudgetLive #Budget2019 #BudgetSession
 
 
8% increase in direct tax collections in 2017-18, 1.06 crore people included in the tax base. Also, more than 1 crore people filed IT returns for the first time, after #demonetisation #LiveBudget #Budget2019 #BudgetSession
 
 
 
 
GST collections in January 2019 has crossed Rs 1 lakh crore #Budget2019 #BudgetSession #LiveBudget
 
 
The Group of Ministers is examining how prospective house buyers can benefit under Goods & Services Tax (GST) #BudgetSession #LiveBudget #Budget2019

GST is probably the biggest taxation reform implemented since Independence; with tax consolidation, India became one common market; inter-state movements became faster through e-way bills, improving Ease of Doing Business #LiveBudget #Budget2019 #BudgetSession
 

Govt abolished Customs Duty on Several Capital Goods #LiveBudget #Budget2019
 
Direct tax collections increased from Rs 6.38 lakh crore in 2013-14 to almost Rs 12 lakh crore; The tax base is up from Rs 3.79 crore to 6.85 crore #LiveBudget #Budget2019 #BudgetSession
 
Within nearly two years, almost all assessment and verification of IT returns will be done electronically by an anonymized tax system without any intervention by officials: @PiyushGoyal #LiveBudget #Budget2019
 
GST, Biggest Tax Reform in India #LiveBudget #Budget2019
Govt focused on Reducing tax burden of Middle Class #LiveBudget #Budget2019
IT Return Scrutiny without Human Interventions #LiveBudget #Budget2019
In Two Years, IT Return Process and Refund in 24 Hrs #LiveBudget #Budget2019
 
 
IT dept Now Function Online #Budget2019 #LiveBudget
Direct tax Collections, Number of IT Returns Filed Increased#Budget2019 #LiveBudget
 
We have already disbursed Rs 35,000 crore for our soldiers under 'One Rank One Pension', substantial hike in military service pay has been announced #LiveBudget #Budget2019
 
75% of woman beneficiaries under Pradhan Mantri Mudra Yojana, 26 weeks of maternity leave and the Pradhan Mantri Matritva Yojana, are all empowering women in the country #LiveBudget #Budget2019
 
To ensure cleaner fuel and health assurance, we embarked upon Pradhan Mantri Ujjwala Yojana, a programme to give 8 crore free LPG connections to rural households, 6 crore connections have been given already #Budget2019 #LiveBudget
2% Interest-Cut for GST Registered Small Traders #LiveBudget #Budget2019
 
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 #LiveBudget #Budget2019
India second largest hub for StartUps: FM #LiveBudget #Budget2019
 
 
 
 Rs. 500 Cr for Mega Pension Scheme #Budget2019 #LiveBudget
 
Monthly Pension of Rs. 3000 for Employees of Unorganized Sector #LiveBudget #Budget2019
 
A pension scheme is being launched called Pradhan Mantri Shram Yogi Mandhan, to provide assured monthly pension of 3000 rupees per month, with the contribution of 100 rupees per month, for workers in unorganized sector after 60 years of age #LiveBudget#Budget2019#BudgetSession
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 #BudgetSession #LiveBudget #Budget2019
 
Under the Pradhan Mantri Kisan Samman Nidhi, 6000 rupees per year for each farmer, in three instalments, to be transferred directly to farmers' bank accounts, for farmers with less than 2 hectares landholding: Piyush Goyal #LiveBudget #Budget2019 #BudgetSession
 
To provide assured income support for small and marginal farmers, Pradhan Mantri Kisan Samman Nidhi scheme has been approved: @PiyushGoyal #LiveBudget  #BudgetSession #Budget2019
 
 
Almost 3 lakh crore has already been recovered in favour of banks and creditors, big defaulters have also not been spared by our government #LiveBudget #Budget2019 #BudgetSession
Finance Minister Piyush Goyal in budget speech: Inflation in December 2018 was 2.1%. Fiscal deficit has been brought down to 3.4% in the revised estimate of 2018-19. #LiveBudget #Budget2019 #BudgetSession
Finance Minister Piyush Goyal begins budget speech in the Parliament #BudgetSession #LiveBudget #Budget2019
 
 

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