Interim Budget: 2019-2020

Authors

  • S. Rajaratnam Retd. Member, Income-Tax Appellate Tribunal Advocate & Tax Consultant, Chennai

DOI:

https://doi.org/10.33516/maj.v54i3.104-106p

Abstract

Interim budget, 2019 highlights fall in rate of inflation, reduction in fiscal deficit, increase in foreign direct investment, substantial addition to roads and new houses with electricity made available to every house, besides to farmers by Kisan Credit Card Scheme (KCC), to labourers with assured pension and direct benefit transfers and sponsoring digital revolution by creation of Common Service Centers (CSC), and Jan Dhan- Aadhaar-Mobile (JAM), extensive infrastructure development, plan for Government e-Marketplace (GeM) with rural industralisation and concession to housing sector extending benefit to single house. Income-tax returns will be processed electronically without personal presence.

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Published

2019-03-01

How to Cite

Rajaratnam, S. (2019). Interim Budget: 2019-2020. The Management Accountant Journal, 54(3), 104–106. https://doi.org/10.33516/maj.v54i3.104-106p

Issue

Section

Budget

References

https://www.indiabudget.gov.in/ ub2019-20/bs/bs.pdf