HSL Mobile App Union Budget 2019
It’s that time of the year again where the whole country is waiting to know all about Union Budget 2019 and it’s the first budget of the Modi 2.0 Government, which is why the expectations and excitement to know all about the agendas and reforms is already rife. At HDFC securities, we not only have live tweets on the day of Budget but also Pre-Budget video with our expert’s insights and a detailed Union Budget video, which can offer you the best analysis and summary from Modi 2.0’s First Union Budget.
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, stay tuned to this page!
Top 10 Highlights
Top Hightlights of Union Budget 2019
New Metro
Fin Min Says New metro, rail projects for 300 km approved
Public Shareholding in Companies
Finance Minister proposes raising minimum public shareholding in companies to 35% from 25%
FDI
FDI flows remains strong at $64.3 billon in FY19
Cooking Gas and Electricity by 2022
Every rural family, if willing, will have clean cooking gas, electricity by 2022
Houses Constructed under PMAY
1.95 cr houses to be constructed under PMAY from FY20-22 ~ Finance Minister
SHG Member Woman
Every SHG member woman with Jan Dhan account to get Rs 5000 overdraft
PUBLIC SECTOR BANKS
PUBLIC SECTOR BANKS TO BE GIVEN INR700B CAPITAL.
Corporate Tax of 25%
FM Proposes corporate tax of 25% for companies with minimum annual turnover of Rs 400 crore
Lowering GST Rate
Proposes to lowering GST rate on EVS to 5% from 12%.
Deduction of Rs 3,50,000 on Affordable House
Total deduction stands at Rs 3,50,000 on affordable house from earlier Rs 2,00,000.
Union Budget Reports for 2019
Pre Budget Review
It will be the first budget in Modi 2.0 era and hence hopes are high for a path-breaking Budget.
It will be the first budget in Modi 2.0 era and hence hopes are high for a path-breaking Budget.
