Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget

| More

Interim Budget 2019 Reaction - Mr. Arun Thukral, MD & CEO, Axis Securities

Posted On: 2019-02-02 12:19:01

"Middle-Class tax-payers including salaried and pensioners are here to see some 'Acche Din' owing to tax sops announced in the Interim Budget 2019 and which came in over and above the expectations. The Govt. has proposed a tax rebate on the income up to Rs. 5 lakh meaning that taxpayers earning up to Rs 5 lakh will be exempted from paying taxes but will have to file returns without fail to claim the same. Other taxpayers get an increase in standard deduction to Rs 50,000/-. There will be no TDS on house rent up to Rs. 2.4 lakhs and also no TDS on the bank, post office interest up to Rs. 40,000 (earlier Rs. 10,000) a relief particularly for senior citizens. To sum it up, the government has rightly addressed the broadest segment of society -the middle-class taxpayer in this Interim Budget. In the entire endeavor, the FM managed to please the debt market by containing the target current account deficit to 2.5% for FY19 and fiscal deficit to 3.4% for both FY19 and FY20. Overall, the finance minister gave a road map and vision for next 10 years where he would like to take the economy, reducing hassles of the taxpayers and going digital thereby reducing the personal interface between taxpayer and tax officers. Overall, the budget struck a chord with almost all the segments of the society."


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Views on Interim Budget 2019 - Sangeeta Prasad, MD & CEO, Mahindra Lifespaces

Reaction on Interim Budget 2019 - AdvaMed

Reaction from Fintech and Payments industry on interim budget 2019

Interim Budget 2019 Reaction - Ashish Mehrotra, MD & CEO, Max Bupa Health Insurance

Interim Budget 2019 Reaction - Mr. Ramratthinam S - CEO, Muthoot Homefin India Limited

Budget could have had incentives for coworking sector

The Market Moves: Angel Broking

Interim Budget 2019 Reaction - Dr. Alok Roy, Chairman, Medica Hospitals Pvt Ltd

Budget Review - Acuité Ratings and Research

Interim Budget 2019 Reaction - Mr. Sanjay Chamria, Vice Chairman and Managing Director, Magma Fincorp Limited

A populist yet balanced budget with a grand vision: Srei

Prioritised populism over fiscal prudence: Angel Broking

Interim Budget 2019 Reaction - Mr. Kushal Nahata, CEO & Co-founder, FarEye

Interim Budget 2019 Reaction - Mr. Parag Agarwal, Founder & CMD, Janajal

Interim Budget 2019 Reaction - Neel Juriasingani, Co-Founder & CEO, DataCultr

Interim Budget 2019 Reaction - Kumaresh Ramakrishnan, Head-Fixed Income DHFL Pramerica MF

Interim Budget 2019 Reaction - Raman Mittal, VP-Marketing, TO THE NEW

Interim Budget 2019 Reaction - Micromax

Tax implications for the common man from Interim Budget 2019-2020: Angel Broking

Interim Union Budget 2019: A road map for developing India

Interim Budget 2019 Reaction - Mr. K. Ravichandran, Senior VP & Group Head - Corporate Ratings, ICRA

Focus on 'Healthy India' is the key takeaway: NATHEALTH

Comprehensive Wellness for Healthy India needs bigger collaborations

Big boost for consumer stocks: Angel Broking

A populist budget that gives major boost to the real estate sector

Interim Budget 2019 Reaction - Mr. Navneet Munot, Executive Director & Chief Investment Officer, SBI Mutual Fund

Interim Budget 2019 Reaction - Mr. Anuj Gulati, MD and CEO, Religare Health Insurance

Interim Budget 2019 Reaction - Power Sector - Mr. Sabyasachi Majumdar, Senior VP & Group Head - Corporate Ratings, ICRA

Interim Budget 2019 Reaction - Mr. Kamal Nandi, President - CEAMA and Business Head & Executive VP - Godrej Appliances

Interim Budget 2019 Reaction - Mr. Sabyasachi Majumdar, Senior VP & Group Head - Corporate Ratings, ICRA

Interim Budget 2019 Reaction - Epic Research

Interim Budget 2019 Reaction - Mr. Harsh Jagnani, Vice President & Sector Head-Corporate Ratings, ICRA

Interim Budget 2019 Reaction - Auto Components - Ms. Pavethra Ponniah, VP and Sector Head - Corporate Sector Ratings, ICRA

Interim Budget 2019 Reaction - Two-wheelers - Ms. Anupama Arora, VP & Sector Head - Corporate Ratings, ICRA

Post Budget Reaction 2019 - Sennheiser

Interim Budget 2019 Reaction - Tractors - Ms. Anupama Arora, VP & Sector Head - Corporate Ratings, ICRA

Interim Budget 2019 Reaction - Commercial Vehicles (CVs) - Impact: Neutral

Interim Budget 2019 Reaction - Sathguru Management Consultants

Interim Budget 2019 Reaction - Passenger Vehicle - Mr. Ashish Modani, VP & Co-Head, Corporate Ratings, ICRA

Interim Budget 2019 Reaction - Pharmaceuticals - Mr. Gaurav Jain, Vice President - Corporate Ratings, ICRA

Union Budget 2019: Empowering MSMES grows faster from Dinesh Agarwal, Founder and CEO, India Mart

Interim Budget 2019 Reaction - FMCG - Mr. Subrata Ray, Senior Group Vice President, ICRA

Interim Budget 2019 Reaction - Gold Jewellery Retail Industry - Impact - Neutral

Interim Budget 2019 Reaction - K. Ravichandran, Group Head, Corporate Sector Ratings - ICRA Ltd

Interim Budget 2019 Reaction - Shubham Jain, Group Head, Corporate Sector ratings - ICRA Ltd

Interim Budget 2019 Reaction - Mr.Anand Vilayannur, CEO & Co-founder, Tattva Mittal Group

Interim Budget 2019 Reaction - Balaji Rao, Managing Partner - Real Estate, Axis AMC

Interim Budget 2019 Reaction - Mr. H. P. Rama Reddy - Chairman, Reliaable Developers

Interim Budget 2019 Reaction - Mr. Snehashish Bhattacharjee, Global CEO, Denave

Reaction to Interim Budget 2019-2020 by Dr. Vikram Shah, CMD, Shalby Hospitals, Ahmedabad







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019