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Major points of Union Budget 2019 Major Point of Union Budget As presented by Union Minister Of finance 2019 (Part –A)> Economy from $ 1.85 trillion in 2014 to $2.7 trillion and expected to reach $3 t...

No income tax for less than 5 lakh per annum income3% Increase in surcharge for individuals with incomes between 2 to 5 cr. 7% increase in surcharge for incomes above 5 crPropose to make PAN and Aadha...

Several tax proposals aim to promote investments in start-ups and sunrise industries in the country Lower 25% corporate tax rate is to be applicable to those with annual turnover upto Rs.400 crore ins...

Lower rate of 25 % Corporate Tax extended to companies with Annual Turnover up to Rs. 400 crore from earlier cap of upto Rs 250 crore Interchangeability of PAN and Aadhaar to file tax return proposed...

Start-ups and their investors filing requisite declarations not to be subjected to any scrutiny regarding valuations of share premiums E-verification mechanism proposed for establishing identity of th...

Central Action Plan 2019-20Central Board of Direct TaxesMinistry of FinanceGovernment of IndiaCONTENTSINTRODUCTIONKEY RESULT AREAS:CHAPTER IBUDGET COLLECTIONCHAPTER IIREDUCTION AND CASH COLLECTION OUT...

TAXGURU invites you to be a part of ‘BUDGET 2019 Knowledge Sharing Campaign‘. The campaign has been initiated with the intent of congregating an overview on The Union Budget 2019. This would enable pr...

Government of IndiaMinistry of Finance(Department of Revenue)Tax Research Unit*****G.D. LohaniJoint Secretary (TRU-I)Tel: 23092687; Fax:23092031Email: gd.lohani(4),gov.in D.O.F.No. 334/3/2019-TRUNew D...

Union Budget proposes creation of a social stock exchange- under the regulatory ambit of Securities and Exchange Board of India (SEBI) for listing social enterprises and voluntary organizations Govern...

Government will work with regulators RBI/SEBI to enable stock exchanges to allow AA rated bonds as collateralsA number of measures to further deepen bond markets have been proposed by the Union Minist...

The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman made her maiden Budget Speech today and presented the Union Budget 2019-20 before the Parliament. The key highlights of Uni...

Download Union Budget 2019-2020 / Finance Bill 2019 presented by Nirmala Sitharaman, Minister of Finance on July 5, 2019.THE FINANCE (NO.2) BILL, 2019.

Budget 2019-2020 Speech ofNirmala Sitharaman,Minister of FinanceJuly 5, 2019Mr. Speaker Sir,I rise to present the Budget for the year 2019-20.PART A 2. The recent election which brought us to this aug...

Public Sector Banks proposed to be provided Rs 70,000 crore capital to boost credit Government will provide one time six months’ partial credit guarantee to Public Sector Banks for first loss of up to...

Tax rates for individuals having taxable income from Rs. 2 cr – 5 cr and Rs. 5 cr & above to be increased by around 3 % and 7 % respectively The effective tax rates for the higher income group individ...

Union Budget proposes number of measures to enhance the sources of capital for infrastructure financing Credit Guarantee Enhancement Corporation to be set up in 2019-20 An action plan to deepen the ma...

Explanatory memorandum to Notifications No. 02/2019- Central Excise to 06/2019-Central Excise all dated 6th July 2019: – S. No.Notification No.Description1.Notification No. 02/2019-Central Excise date...

Explanatory memorandum to Notifications No. 18/2019-Customs to 27/2019-Customs all dated 6th July 2019: – S. No.Notification No.Description1.Notifications No. 18/2019-Customs dated 6th July 2019Seeks...