INDIAN GOVERNMENT BUDGET 2019
After the Indian Election 2019, Modi Government (BJP) won the 17th Parliament Election and BJP government released some interesting Budget of 2019 also, let see about India development budget by Nirmala Sitharaman.
BUDGET 2019:
- Indian government planning Investor meeting soon on this year 2019.
- Indian Government Invested 5000cr on The Mahatma Gandhi National Rural Employment
- India Government plans New Upcoming Zero Budget Investment Plans for 10,000 Agricultural Business for Benefits to the agricultural business startups.
- ONE COUNTRY ONE ELECTRICITY PLAN, India going to spread electric current and it will is applicable to all the city's and villages within a few years
- Electric car buying Customer will Get Tax reduction up to 1.5 Lacks
- India Implemented Innovation ideas in education and sports. Then Introducing STUDY INDIA scheme for attracting foreign students to study in India.
- Under the Scheme Pradhan Mantri Karma Yogi Man Dhan Yojana, announced Pension scheme for Retailers in India one who has annual turnover below 1cr. This scheme will be going to provide for 3cr retailers.
- Indian Government Helps to StartUp companies for small and Medium MSME Business With Proper GST by giving loan up to 1cr within 59 minutes.
- INCOME TAX No tax for a person below annual income less than 5 lacks.
- 5% TAX for annual income more than 5lacks.
- 20% TAX for annual income for 5 to10 lacks.
- 30% TAX for annual income for 10 to 20 lacks.
PRICE INCREASES ON INDIAN PRODUCTS
- Petrol and Diesel
- Gold(from 10% to 12%)
- Cigarette
- CCTV
- Imported cars
- Books
- Stall
- Shops
- Tiles
- Paper
PRICELESS ON INDIAN PRODUCTS
- Electrical cars and accessories
- Charger
- Camera and accessories
This Budget will be useful for New Business Startups and Retailers peoples.
In my thought Indian government Plan to focusing More on Electricity and going the way to Electrical India. lol😎................
Have a Nice Year to all My Friends....
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