HSL Mobile App Union Budget 2019 - 20
It’s that time of the year again when the Union Budget 2019 is almost here and the whole country is waiting to know all about it! At HDFC securities, we not only have live tweets on the day of Budget but also Pre-Budget webinar, that can offer you experts insights, and a detailed Union Budget webinar, which can offer you the best analytics and summary. Everything from experts' expectations from Budget 2019 to what Pre-Budget strategy for the markets could be, is available right here.
To get a 360-degree understanding of the Union Budget 2019-20, stay tuned to this page!
Top 10 Highlights
Top Hightlights of Union Budget 2019 - 20
Rs 6000/year as support to small farmers
Rs. 6,000 per annum to be given to every farmer, having up to 2 hectares of land.
No Income Tax up to 5 lakh.
Full Tax Rebate for annual income up to Rs 5 lakhs, after all deductions
Standard deduction increased
Standard deduction increased to Rs 50,000 from Rs 40,000
8 crore LPG connections
Government aims to provide 8 crore LPG connections under Ujjwala plan by next year
2% interest relief for GST
2% interest relief for GST registered MSMEs
monthly pension of Rs 3,000
Pradhan Mantri Shram Yogi Mandhan will provide assured monthly pension of Rs 3,000, with contribution of Rs 100 per month, for workers in unorganized sector, after 60 years
26 weeks of Maternity Leaves
26 weeks of Maternity Leaves to empower the women
Custom Duty abolished
Custom Duty has been abolished from 36 Capital Goods
2% interest subvention
2% interest subvention for farmers pursuing Animal Husbandry
Benefit given to Real Estate developers
Benefit given to Real Estate developers, for unsold inventory, increased to 2 years from earlier 1 year
Budget Reports for 2019 -20
Pre Budget Equity Strategy
The recent weakness in the broader market refuses to die down, indicating possibility of a sharp volatility in the frontline indices i.e. Nifty/Sensex going forward.
The recent weakness in the broader market refuses to die down, indicating possibility of a sharp volatility in the frontline indices i.e. Nifty/Sensex going forward.
Impact of Union Budget on Debt Market
FM announced the Interim Budget 2019-20 which highlighted all that the present government has done during their tenure, introduced measures aimed at farmers
FM announced the Interim Budget 2019-20 which highlighted all that the present government has done during their tenure, introduced measures aimed at farmers
