Thanks to the strong mandate given to the BJP government, it has upped expectations of the middle-class from the upcoming budget, says Kuldip Kumar, Partner and Leader, PwC India. So, what can the middle-class expect from Nirmala Sitharaman's Budget 2019? Kumar spoke to ET Wealth Online about what are the various measures that could be announced that can have an impact on your money.
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Watch What the salaried class can expect from Budget 2019 | Economic Times With HD Quality.
Thanks to the strong mandate given to the BJP government, it has upped expectations of the middle-class from the upcoming budget, says Kuldip Kumar, Partner and Leader, PwC India. So, what can the middle-class expect from Nirmala Sitharaman's Budget 2019? Kumar spoke to ET Wealth Online about what are the various measures that could be announced that can have an impact on your money.
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Watch What the salaried class can expect from Budget 2019 | Economic Times With HD Quality
News video | 352 views
Going by the Budget 2019 proposals, a salaried individual with gross total income up to Rs 7.75 lakh can invest in various tax saving avenues and avail of different deductions to reduce taxable income to Rs 5 lakh and consequently pay no tax for FY2019-20. Such a person would be saving tax of Rs 15080 compared to tax payable in current FY 2018-19, according to EY analysis. Watch this video to know more. (Text: ET Online)
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Going by the Budget 2019 proposals, a salaried individual with gross total income up to Rs 7.75 lakh can invest in various tax saving avenues and avail of different deductions to reduce taxable income to Rs 5 lakh and consequently pay no tax for FY2019-20. Such a person would be saving tax of Rs 15080 compared to tax payable in current FY 2018-19, according to EY analysis. Watch this video to know more. (Text: ET Online)
News video | 3336 views
Kuldip Kumar, Partner and Leader - Personal Tax, PwC India speaks about what individual taxpayers can expect from the Union Budget 2019. Watch now.
News video | 1014 views
India's economic growth will rebound from a five-year low this year, but would need a huge boost in spending and reforms to accelerate higher rate of expansion to double the economy's size to USD 5 trillion by 2024-25, the pre-Budget Economic Survey said Thursday. Stepping up private investments, exports and job creation will be key to achieving the target, the survey said. Tune in as ET's consulting editor Swaminathan Aiyar shares his views on the Economic Survey 2018-19. (Text: PTI)
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Watch Swaminathan Aiyar's take on Economic Survey 2019 | BUDGET 2019 | Economic Times With HD Quality
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Union Budget 2016-17 is knocking at the door, few days to go for Union Finance Minister Arun Jaitley to table the budget. Like every year this year too long-standing expectation of the salaried class is some relief in the income tax slab.
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According to the changes announced by Union finance minister Arun Jaitley in the Union Budget, the retirement savings will face taxes from next financial year. The FM has made Employee Provident fund (EPF) and National Pension Scheme (NPS) withdrawals on retirement taxable.
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Chief Economic Advisor Krishnamurthy Subramanian will table the Economic Survey 2018-19 Thursday. It will also be the first such survey under Modi 2.0 government. Tune in as ET's consulting editor Swaminathan Aiyar explains what the document is all about and why it matters.
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Watch What is Economic Survey? Swaminathan Aiyar explains | BUDGET 2019 | Economic Times With HD Quality
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As taxpayers, you and I would obviously want a reduction in the income tax rates in the upcoming Budget, that's what would make taxpayers happy. But are these expectations in line with reality? Are we right in expecting so from the government? ET Online's Shambhavi Mehrotra speaks to ET Wealth editor Babar Zaidi to get the answers. Watch now.
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Watch Income tax cut in Budget 2020: To expect or not to expect? | ETWealth With HD Quality
News video | 415 views
Selling and leasing dead PSU assets like the land, clubs, bungalows and guest houses could act as a catalyst to increase spending to revive demand, says ET's Deputy Executive Editor Saubhik Chakrabarti. Listen-in.
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Watch ET View: How economic growth can be revived | Economic Times With HD Quality
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