Union Budget 2019 Highlights: No change in personal tax rates; GST rate on electric vehicles to be lowered; Petrol, diesel to get costlier

After a pre-election, populist Budget in February 2019, the Modi government today introduced the Union Budget to help infrastructure and foreign investment when the economy is appearing of slowdown. Adopting a pragmatic strategy, Finance Minister Nirmala Sitharaman today reported no changes in close to personal income rates however demanded extra additional charge on the super… Continue reading Union Budget 2019 Highlights: No change in personal tax rates; GST rate on electric vehicles to be lowered; Petrol, diesel to get costlier

Indian Budget 2019 Live Updates: Petrol, Diesel Set to Get Costlier as Govt Climbs Cess by Re 1 Per litre; Customs Duty on Gold Expanded

Finance Minister Nirmala Sitharaman Friday raised cess on petrol and diesel by Re 1 per litre, while customs duty on gold was likewise expanded to 12.5 percent from existing 10 percent. Showing the first Budget of the Modi government in its second term, Sitharaman said additional charges on people having taxable income of Rs 2… Continue reading Indian Budget 2019 Live Updates: Petrol, Diesel Set to Get Costlier as Govt Climbs Cess by Re 1 Per litre; Customs Duty on Gold Expanded