Live updates and discussion on Budget 2019

Page no : 6

Ayush (Executive ) (6760 Points)
Replied 01 February 2019

India is the fastest highway developer in the whole world, 27 kms of highways built each day, projects stuck for decades completed;

#SagarMala will help faster handling of import and export cars: FM Shri Piyush Goyal #Budget2019

Capital support for Railways at Rs 64,587 crore for FY20: FM


Mita Basak (Professional) (1921 Points)
Replied 01 February 2019

Direct Tax collections increased from 6.38 lakh crore rupees in 2013-14 to almost 12 lakh crore rupees ; tax base up from 3.79 crore to 6.85 crore


Ayush (Executive ) (6760 Points)
Replied 01 February 2019

No unmanned rail crossing left in broadgauge network: FM

India is the fastest highway developer in the world: Piyush Goyal


Hardik Mehta (11 Points)
Replied 01 February 2019

there is no amendment announced in income tax ?
1 Like

Aruhi (Finance Professional) (6236 Points)
Replied 01 February 2019

Impactful steps taken in reducing tax, bringing benefits for middle class citizens: FM Shri Piyush Goyal #Budget2019



Hardik Mehta (11 Points)
Replied 01 February 2019

there is no amendment announced in income tax ?


(Guest)

FM: GST has reduced the tax burden by Rs. 80,000 crores. All the necessities are in the 0-0.5% bracket.

 


Niyati (Student) (7730 Points)
Replied 01 February 2019

GST is the undoubtedly the biggest taxation reform implemented since Independence; through tax consolidation, India became one common market; inter-state movements became faster through e-way bills, improving #EaseofDoingBusiness: FM Shri Piyush Goyal #Budget2019


vamsi krishna (article student) (280 Points)
Replied 01 February 2019

Our government implemented the GST, which is undoubtedly the biggest taxation reform since Independence: FM


Mita Basak (Professional) (1921 Points)
Replied 01 February 2019

GST has been continuously reduced, resulting in relief of 80,000 crore rupees to consumers; most items of daily use for poor and middle class are now in the 0%-5% tax bracket: FM Shri Piyush Goyal #Budget2019

Group of Ministers examining how prospective house buyers can benefit under #GST: FM Shri Piyush Goyal #Budget2019

Businesses with less than Rs. 5 crore annual turnover, comprising over 90% of GST payers, will be allowed to return quarterly returns: FM Shri Piyush Goyal



Mita Basak (Professional) (1921 Points)
Replied 01 February 2019

GST collections in January 2019 has crossed 1 lakh crore rupees: FM Shri Piyush Goyal #Budget2019

14% growth in state tax collections was guaranteed and underwritten by Government of India: FM Shri Piyush Goyal #Budget2019



(Guest)

Within next 2 years all assessment of returns to be done electronically : FM  #Budget2019


Mita Basak (Professional) (1921 Points)
Replied 01 February 2019

Indian Customs is implementing full digitization of exim transactions and leveraging RFID for logistics: FM Shri Piyush Goyal #Budget2019


Committed to eliminating the ills of black money; anti-#blackmoney measures taken have brought undisclosed income of about 1.30 lakh crore rupees to the surface; 3.38 lakh shell companies deregistered: FM Shri Piyush Goyal #Budget2019



(Guest)

FM:  Rs. 1,40,000 crores undisclosed income brought to tax



Niyati (Student) (7730 Points)
Replied 01 February 2019

Infrastructure Development

1. More than 100 operational airports

2. Domestic passenger traffic doubled in last 5 years

3. Today, India is the fastest highway developer in the world

 



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