Analysis of Section 194R of Income Tax Act   Income Tax amendments related to Charitable Institutions   Budget 2022- Stretches its TDS tentacles to widen tax base   Budgetary allocations increased for development of Youth & Yuvashakti   Budget 2022-23: 5 river linking projects on cards after consensus of beneficiary states   Prime Minister’s Development Initiative for North-East, PM-DevINE   Budget 2022 explanatory Memorandum to Custom & Excise Notifications   PM congratulates FM for a ‘people-friendly & progressive Budget’   Text of PM’s address on Union Budget 2022-23   Union Budget will give a big boost to Tourism in country   Budget 2022 to strengthen Energy Transition journey & fight climate change: Power Minister   Budget will prove to be a scale-changing budget for Indian economy: Amit Shah   Raksha Mantri Shri Rajnath Singh terms the Budget as growth oriented   Futuristic Budget with scientific vision and Start-Up incentives   Exhaustive Analysis of Proposed Changes vide Finance Bill, 2022   Single Window Portal Parivesh to be Expanded to Provide Information to Applicants   Risks of Climate Change Are The Strongest Negative Externalities That Affect India And Other Countries: Union Budget 2022-23   Taxation of Virtual Digital Assets as introduced in Finance Bill 2022   Budget 2022: Updates under GST   Budget 2022: Changes under Customs & Excise   Page 1 of 5 (90 items)[1]2345 Loading…

Heading   Budget lowers burden of tax compliance Section 54 relief extended to 2 residential houses - explained with illustrations Key Changes proposed in Interim Budget 2019 IT rebate may boost affordable housing Significant benefits for property sellers Goyal puts more cash in pockets of middle class Tax benefits for above Rs 5 lakh income group may be considered next: Goyal Power Minister calls the Budget as historic, people friendly and forward looking Finance Minister thanks tax payers saying “Your tax pays for the electricity connections to the poor” MSME Ministry allocated ₹ 7011 Crore in Budget 2019-20 To provide an assured income support to small and marginal farmers Govt. is launching Pradhan Mantri Kisan Samman Nidhi (P.M. Kissan) Budgetary allocation of Agriculture & Farmers Welfare Ministry has been raised by around 2.5 times. PM's remarks on the Budget 2019-20 The Budget for New India will energise the nation, says PM Budget empowers all sections of society: PM Fiscal deficit to be at 3.4% of GDP this year: Goyal Rs 3 lakh cr recovered from big corporate loan defaulters: FM Farmers to get ₹ 6,000/yr in 3 installments under Centre funded scheme: FM Budget 2019: Sensex, Nifty hold on to gains Other banks to be out of PCA framework soon, says FM Inflation hidden, unfair tax on poor, middle class; govt broke the back of high prices: Goyal Interim Budget: Income tax exemption raised, farmers to get cash dole Union Home Minister, Shri Rajnath Singh hails the Interim Budget as historic Union Minister of Consumer Affairs, Food and Public Distribution, Shri Ram Vilas Paswan lauds the Budget as a landmark – Sabka Saath Sabka Vikaas Budget which has provision for betterment of all sectors of the economy with a special focus on the social Total Budget allocation for the WCD Ministry enhanced by ₹ 4856 crores for the year 2019-20 showing an increase of 20% Three-fold increase in Budget for Working Women’s Hostel ₹ 4500 crores increase in Umbrella ICDS Scheme Rs 1,03,927 allocated to MHA in 2019-20 budget Fiscal Programme for 2019-20 and beyond Interim Budget - No tax upto Rs 5 lakh vide Sec 87A benefits Pradhan Mantri Kisan Samman Nidhi announced to provide assured income support to small and marginal farmers Interim Budget 2019- No tax on resident individuals having income upto Rs. 5,00,000 Interim BUDGET 2019- Rs. 3000 per month pension for workers of unorganised sector Budget Speech Highlights of Interim Budget 2019-20 Download Finance Bill, 2019 Allocation for the North Eastern Areas is being proposed to be increased by 21% to ₹ 58,166 crore in 2019-20 BE over 2018-19 BE: Finance Minister Higher budget allocation for Space technology Government to implement recommendations of the Inter-Ministerial Committee that made several recommendations regarding Exploration in Petroleum and Gas sector BUDGET SUMMARY WITH MAJOR HIGHLIGHTS OF THE INTERIM BUDGET 2019-20 15.56 Crore Loans amounting to ₹ 7,23,000 crore disbursed under Mudra Yojana Government envisages National Programme on 'Artificial Intelligence' A Committee under Niti Aayog to be set -up to complete task of identifying De-Notified, Nomadic and Semi-Nomadic Communities not yet formally classified Rs. 1330 Crore provided in the Interim Budget 2019-20 for the Mission for Protection and Empowerment for Women Government allocates ₹ 64,587 Crore for Railways in 2019-20 Infra allocation for north eastern areas increased by 21% to ₹ 58,166 Crore in 2019-20 Defence budget hiked to ₹ 3,05,296 crore One Lakh villages to go digital over next five years JAM-DBT – game changers since bank Nationalisation half century ago 34 Crore new bank accounts in last five years under Jan Dhan; Aadhaar reach near Universal Single window clearance for film shoot Anti-black money measures brought undisclosed income of about ₹ 1.3 Lakh Crore to tax ₹ 6,900 Crore worth Benami assets and ₹ 1600 Crore worth foreign assets attached 18% growth in direct tax collection in Fy 2017-18 Tax base increased by 1.06 Crore peopl Rationalization of customs duty and procedures to give boost to “Make in India” initiative RFID technology to be used to improve export logistics Tax collections increased from ₹ 6.38 Lakh Crore in year 2013-14 to almost ₹ 12 Lakh Crore this year 80% growth in tax base; number of returns filed increased from 3.79 crore to 6.85 Crore Within the next 2 years, almost all verification and assessment GST, the biggest taxation reform, led to increase in tax base, higher collections and ease of trade Rates continuously reduced providing relief of about ₹ 80,000 crore annually to consumers Most items of daily use of poor and middle class now in the 0% or FM: India now 6th largest economy in the world with high growth Fiscal deficit down to 3.4%; average inflation 4.6% FDI of USD 239 BN in five years Banks recover ₹ 3 Lakh Crores in outstanding loans Government Unveils vision for the Next Decade Government takes several measures to strength then msmes Gem platform extended to all CPSES Government undertakings to procure a fixed proportion of materials from women owned SMEs Highest Ever Growth Of 42% Recorded in Minimum Wages of Labours during last 5 years Page 1 of 2 (53 items)< Prev12Next > Loading…