Budget 2019 Expectation: Business-market, taxpayers and farmers, will Modi fulfill their hopes?


Budget 2019 Expectation: business market, taxpayers and farmers, whether he will be able to fulfill everyone's expectations?

Taxpayers, industry, youth, the eyes of the farmers layman on the budget. 
February 1 will present the final budget of the first term of government. It will be the interim budget. Typically expenditure budget next 2 to 3 months is presented in mind. However, this time is believed that it will differ from the interim budget presented an interim budget before. 

The general election is at stake Modi government's credibility in 2019, is thought to be mobilized on the other hand complete opposition to make every effort to remove the Modi government. In this budget is much too common property is equally important that government and himself Modi for. Bhrha, pinned from the industry market and from taxpayers to farmers and young people all look the electoral budget of the Modi government.

Experts are assuming that after the BJP lost the election in the past 3 large states went growing importance of this budget. Of course, it would be populist budget, so as to please most people. Were recently found in a signal from the government that the budget will be something different.Expectations in and went much higher. Financial Express Hindi Online has spoken to people from different sectors of it. Know people's expectations from the budget in 2019. 

Budget 2019 Expectation

Budget 2019 Expectation



Tax Payers 

enlarged limit # 80C

Bank exchange dot com CEO Adil Setti said border still save tax under Section 80C should be increased from Rs 1.5 lakh 2-2.5 million. This will encourage investment in Faineshily assets. Clear CEO of Tax Archit Gupta says that section was the investment limit under Section 80C modified in the Union Budget 2014-15 was Rs Rs 1 million to 1.5 million. This amount increases income levels and inflation is no longer sufficient for the tax savings.Hopefully exemption limit will be 2 million. 

# Tax exemption limit change 

says Adil Setti that limit the deduction to taxpayers should be increased from Rs 2.5 lakh. In the last budget, the government had reduced the tax Slabr 10 per cent on income of Rs 2.5 million to 5 million 5 percent. After 5 million tax rate of 10 million income bracket to 20 per cent directly from 5 percent.

# Housing loan 

Adil Setti said the government housing loan especially metros should tax deduction limit be enhanced to Rs 4 lakh from current 2 million. According to Archit Gupta, just off the interest component of Rs 2 million are no longer enough. Home buying low are unlikely to receive a discount on interest payments up to Rs 2.5 lakh. Personal taxpayers are expected to benefit 50,000 rupees. 

Peasant 

agriculture expert Devender Sharma says that the central government budget in 2019 may consider granting interest-free loans to farmers. Giving examples of Telangana said that those who do not have land here of agriculture is given the income source. Who went to loan waiver for farmers, so they went to get relief but did not expect them to be given per household relief of Rs 50 thousand.

A commission income for the farmers to be formed. This will determine the amount of the minimum income for farmers. Minimum income of farmers 18 thousand to Rs per month. The need to invest more and more on the market. 

Industry 

# corporate tax reduction 

industry body PHD Chamber of Commerce and Industry hopes that steps will be taken from the budget rationalization of direct taxes. It will be important to bring 25 per cent corporate tax. 3.5 million given to the income exempted from tax dollars, the maximum marginal bracket rose from 10 million to 15 million. 

# Insurance Sector

SBI General Insurance chief financial officer is expected to be good for the budget 2019 insurance sector according to Rikil Shah. It is estimated that the government could give tax rebates. Pharma or a regulatory framework for the Healthcare Industries is expected to be implemented. 

# Healthcare 

Association of Medical Device-ordinator of the Forum of Industry Rajiv Nath said imports the Medical Devices customs duty should be increased to 15 per cent. Now foreign companies have a song captured novelties selling the market price. But increased duty they should not do. This will help increase revenue domestic Industries. 

# Pharma industry

Indian drug is a member of the Manufacturers' Association said on condition of writing the name of the government should bring in must remove the GST on medicines or 5 percent bracket. Increases its price by 12 per cent GST on medicines. GST will get Manyuuaccrr advantage of the input tax credit is not. 

Textile 

Filatex India Limited chairman and Umdi honey Sudn Bageria said customs duty on us hope polyester filament yarn and polyester staple fiber in the budget could be 5 percent Bdhakr 10 percent. He said that corporate tax is now 35 per cent of all surcharges, which should be 25 per cent. 

#Nsna

According to Aksportrsindiadotcom Vice President and COO Face Gupta can take steps to remove blockages in the working capital budget in 2019. Loans can be easily announced towards providing. Tax rate can be reduced. 

Capital Markets 

Capital Markets, acting on shares of government long-term capital gains is going to demand a review of the tax or LTCG. Also debt mutual funds are seeking to maintain the tax savings schemes. Debt mutual funds will increase the investment flow in the bond market to meet tax incentives.

Capital One expert market said on condition of not naming that 10% Long in last year's budget-term capital gains tax or LTCG tax would be after stocks or equity funds fat investors to hold long-term tax. Government was brought before the STT charge, the capital gains tax to be replaced. So LTCG tax be eliminated Chahia.bank market government taking into account the interests of small investors say CEO Adil Setti dot com should LTCG tax revised. 

# Date MF be made as to the savings scheme

Director of BPN Fincap AK Corporation says that government debt mutual fund category the section inserted in 80C, whereby individuals through investment in the coming few products help to save tax. Book equity linked savings plans just mutual funds, PPF, 5-year bank deposits and National Savings Scheme section come under 80C. 

Real Estate 

Real estate has government recommended to increase the limit to accommodate the GST reform, stamp duty taxes in the budget -2019 and tax deduction on paid interest on home loans by people buying homes. Chairman of the Organization of the real estate sector Naredko Niranjan Hiranandani has sought to be the personal income tax, home loan interest increased to meet the tax 2 million annual discount 3 million.

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