Finance minister Arun Jaitley will present the Union Budget 2018-19 in Lok Sabha today. This is the Narendra Modi government’s first post-GST and last pre-poll Budget, and taxpayers are hoping for raise in Income Tax exemption limit from Rs 2.5 lakh to Rs 3 lakh.
Arun Jaitley begins his budget speech at 11 am in the parliament. He is expected to answer every question about the agriculture distress, unemployment and ways to boost growth in the Indian economy while sticking to fiscal prudence.
This time, the Union Budget concerns upcoming assembly polls in eight states, including three significant states ruled by the BJP government and general elections next year, there is an expectation for new rural schemes and step up of funding for existing programmes like MNREGA, rural housing, irrigation projects and crop insurance.
While the union budget 2017 was a disappointment for Tamil Nadu as there were no major allocations for the state, this year Tamil Nadu is looking forward for the sanction of Phase – II of metro and a location to start the construction of AIIMS during the union budget 2018. The first union budget after GST implementation, Tamil Nadu will also check for the fund allocation post-GST.
Individuals, business and marketmen will closely watch the Union Budget 2018, for sops on income tax sops for the middle class to what’s in it for the agriculture sector. Also on the economists’ radar will be the government’s take on the fiscal deficit, whether it will stay on course on the fiscal consolidation path.
Arun’s deputy and MoS Finance Shiv Pratap Shukla have hinted at a populist Budget, saying it will be a “good Budget and will benefit the common man”. The experts said that there would be a major change in indirect tax as most of them are now under the purview of the Goods and Services Tax Council, Budget 2018 could have several positive changes on the direct tax side.
Click here for More Updates
Suriya Devi Wiki, Biography, Age, Videos, Images
Suriya First Web Series “Navarasa”
Uma Maheshwara Ugra Roopasya Telugu Movie (2020) | Cast | Trailer | Songs | Release Date
Doctor Movie Songs, BGM, Themes | Sivakarthikeyan | Anirudh
Trip Tamil Movie (2020) | Cast | Teaser | Trailer | Release Date
Radhe Shyam Movie (2021): Cast, Trailer, Songs, Release Date
Watch Yaara Hindi Movie on Zee5 Original in Full HD Online
Sunny Winter Ullu Web Series All Episodes Online
A Honest Review Of The Bollywood Movie Gulabo Sitabo
REVIEW OF AMAZON’S WEB SERIES: PAATAL LOK
Watch Law Kannada Movie on Amazon Prime Video
Coronavirus Live Updates India: State Wise Report
Bigg Boss9 months ago
Bigg Boss Telugu Vote 2019 | Season 3 | Contestants List | Winners | Star Maa
Entertainment5 months ago
Super Singer Vote Junior Season 7 (2020) | Online Voting | Contestants | Results | Vijay TV
Bigg Boss4 months ago
Bigg Boss Tamil Vote Online Season 3 (2020) | Contestants | Eliminations | Winner
Bollywood3 months ago
Todaypk Movies Download 2020: Bollywood, Telugu, Tamil, Hollywood Movies HD Free Download
Entertainment11 months ago
Kurukshetra (2019) Full Kannada Movie Download Leaked Online by Tamilrockers & Movierulz
Entertainment2 months ago
Movierulz 2020: Everything You Need to Know About Movierulz Download Website
Latest News2 months ago
Jio Rockers 2020: Download Free HD Movies Online | Tamil, Telugu, Hindi
Latest News6 months ago
Khatrimaza Movies HD Download 2020: KhatrimazaFull New Bollywood, Hollywood and South Movies