Friday, September 17, 2021

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A ‘stock exchange’ for social organisations is a welcome step announced in the Union Budget 2019-20

Finance Minister has announced setting up of a Social Stock Exchange to allow social organisations to raise capital.

Union Budget 2019: Govt imposes 10% custom duty on newsprint and 5% on printed books to encourage domestic industry

The duty would be levied on both the uncoated paper used for printing of newspapers and lightweight coated paper used for magazines.

Union Budget 2019 in numbers and charts

Receipt and expense figures of the union budget 2019

Budget 2019: Startups and investors can do away with ‘Angel Tax’ by filing requisite declarations

Angel Tax is a 30% tax that is levied on the funding secured by startups from an external investor

Budget 2019: Central focus of all programmes of the Narendra Modi government is “Gaon, Garib and Kisan”

Nirmala Sitharaman added that 1.5 crore rural homes have been completed under PMAY phase I till now and 1.95 crores more houses to be provided to eligible beneficiaries in phase 2 now by 2022. 

Union Budget 2019: Indian economy will grow to become a $3 trillion dollar economy in the current year itself, says Finance Minister

Union Finance Minister added that  India is now the sixth largest economy in the world in just five years from being the 11th largest in 2014. 

Union Budget 2019: British legacy of budget briefcase dumped, Nirmala Sitharaman arrives with ‘Bahi khata’

 Nirmala Sitharaman surprised all when she appeared without the usual leather briefcase that has become so symbolic with Finance Ministers arriving on Budget days.

Lower corporate tax and cost of capital to river interlinking: My wishlist for Budget 2019

Low cost of capital is critical to help bring in requisite investments and give a major boost to our growth

Budget 2019: Direct Tax collection exceeds expectations by Rs 50,000 crore

Fiscal year 2019 sees an increased Direct Tax collection, exceeding by Rs 50000 crores that was originally budgeted at Rs 11.50 lakh crores

Budget 2019: former PM Manmohan Singh says farm and tax benefits announced in the budget will have implications in elections

The Interim Budget 2019 have some big endowments, especially for the middle class and the farmers of the country
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