Budget 2019 : Borrowings/ Government Debt

The Union Budget had the following to say on the government debt- India s sovereign external debt to GDP is less than 5%. It is among the lowest globally among major economies. The Indian Government needs to borrow some money ..

Budget 2019 : Digital payments

To further encourage people to use digital payments as the preferred mode of their transactions, the Union Budget has announced the following measures to make digital payments successful- A 2% tax deduction at the source is proposed for all cash ..

Budget 2019 : Housing in India

The Union Budget 2019 has made certain provisions that will enable home buyers and real estate developers to benefit from it. What has been given? The Union Budget has provided tax benefits to the home buyers. Interest deduction up to ..

Budget 2019 : Tax Rates

While most economists had anticipated that the government might impose an inheritance tax on the super-rich, the government has not decided to follow through this time and has instead the tax on the rich taxpayers. What has changed? No change ..

Budget 2019 : Aviation

The Union Budget 2019 has made provisions for the relaxation in the FDI norms in the aviation sector. This will allow the beleaguered airlines of India – Air India and Jet Airways. Both these airlines are looking for buyers though ..

Budget 2019 : Defense

The Union Budget of India has allocated nearly Rs 3.18 crore for the Defense sector in the budget. This is a modest increase of Rs 20,000 crore over the previous allocation. The allocation is a growth of 7.93 % over ..