No tax for income up to Rs 5 lakh: Interim Budget 2019

Interim Budget 2019

Finance Minister Piyush Goyal presented the Interim Budget on Friday terming it as “A Budget for everyone.” A tax rebate for individual taxpayers earning up to Rs 5 lakh was announced but with a catch. The income tax (I-T) slabs was not tweaked and earning between Rs 5 lakh and Rs 10 lakh will attract in 2019-20 a tax of 20 percent. The More...

by Paul Linus | Published 3 weeks ago
What to expect from interim budget 2019
By Paul Linus On Thursday, January 31st, 2019
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What to expect from interim budget 2019

Interim budget 2019 is believed to be featuring measures to tackle farm crisis and offer some good tax benefits to middle class. It is not yet clear what tax concessions would be announced on Friday and sources More...

Government planning to transfer cash to farmers
By Paul Linus On Monday, January 21st, 2019
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Government planning to transfer cash to farmers: Source

Though it is not yet final and ready for public announcement, but an insider reveals the Narendra Modi-led government is planning to transfer cash to farmers instead of subsidies. The fund will club all farm subsidies More...

Interim budget, middle class, pensioners
By Paul Linus On Wednesday, January 9th, 2019
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Interim budget to lure middle class, pensioners: Insider

The luring is ongoing ahead of Lok Sabha elections. Narendra Modi-government is learned to be benefiting the middle class in its interim budget 2019. Higher 80C could be announced along with more exemption limit More...

Last minute economic reforms needed for Modi to lure voters
By Paul Linus On Wednesday, January 2nd, 2019
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Last minute economic reforms needed for Modi to lure voters

In politics one week period may be too long, but for comprehensive economic reforms which should be meaningful a four-month time is too short. Seriously, the Modi government is up against time now as 2019 General More...

financial security
By admin On Wednesday, January 2nd, 2019
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Here Are 6 Smartest Things You Can Do for Your Finances

One of the most significant characteristics that we humans have is ‘Planning’. And when it comes to our finances, planning needs to be concrete as there are enough variables to affect the same. Hence, building More...

Cash handout, monthly income support for farmers on card before polls
By Paul Linus On Monday, December 31st, 2018
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Cash handout, monthly income support for farmers on card before polls

Easing of agrarian distress is highly important for the Bharatiya Janata Party before India goes into polls. The government is learned, through people familiar with the matter and seeks to remain anonymous, to be More...

Government working out on plans for farm relief ahead of elections
By Paul Linus On Friday, December 28th, 2018
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Government working out on plans for farm relief ahead of elections

Possible sops could be announced for farmers to respond agrarian crisis challenge in India. Prime Minister Narendra Modi had a long discussion with finance minister Arun Jaitley and BJP president Amit Shah Wednesday More...

GST Council finds revenue below projection; GoM formed to study trend
By Paul Linus On Saturday, December 22nd, 2018
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GST Council finds revenue below projection; GoM formed to study trend

Important decisions have been taken Saturday in the 31st meeting of GST Council regarding ITC eligibility criteria, exemptions issue and rate rate rationalization. Six items were downgraded from the 28 percent tax More...

Rahul Gandhi's farm loan waiver policy in states to pave sleepless economy
By Paul Linus On Wednesday, December 19th, 2018
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Rahul Gandhi’s farm loan waiver policy to pave sleepless economy: RBI

More than 90 percent Indians are sleep deprived. Is it time for Prime Minister Modi to join such mass? He is threatened by Congress President Rahul Gandhi not to let him sleep until farm loans are written off. Modi’s More...