Tax Management India. Com
                            Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals SMS News Articles Highlights
        Home        
 
Extracts
Home List
← Previous Next →

Highlights of Budget 2018-19

Budget - Dated:- 1-2-2018 - Finance Minister Shri Arun Jaitley presents general Budget 2018-19 in Parliament. Budget guided by mission to strengthen agriculture, rural development, health, education, employment, MSME and infrastructure sectors Government says, a series of structural reforms will propel India among the fastest growing economies of the world. Country firmly on course to achieve over 8 % growth as manufacturing, services and exports back on good growth path. MSP for all unannounced .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

or Fisheries and Animal Husbandary sectors; Re-structured National Bamboo Mission gets Rs.1290 crore. Loans to Women Self Help Groups will increase to ₹ 75,000 crore in 2019 from 42,500 crore last year. Higher targets for Ujjwala, Saubhagya and Swachh Mission to cater to lower and middle class in providing free LPG connections, electricity and toilets. Outlay on health, education and social protection will be 1.38 lakh crore. Tribal students to get Ekalavya Residential School in each triba .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

f excellence to be set up on robotics, AI, Internet of things etc Disinvestment crossed target of ₹ 72,500 crore to reach ₹ 1,00,000 crore Comprehensive Gold Policy on the anvil to develop yellow metal as an asset class 100 percent deduction proposed to companies registered as Farmer Producer Companies with an annual turnover upto ₹ 100 crore on profit derived from such activities, for five years from 2018-19. Deduction of 30 percent on emoluments paid to new employees Under Se .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

rprises. Standard Deduction of ₹ 40,000 in place of present exemption for transport allowance and reimbursement of miscellaneous medical expenses. 2.5 crore salaried employees and pensioners to benefit. Relief to Senior Citizens proposed:- Exemption of interest income on deposits with banks and post offices to be increased from ₹ 10,000 to ₹ 50,000. TDS not required to be deducted under section 194A. Benefit also available for interest from all fixed deposit schemes and recurri .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.