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Showing posts with the label union budget 2018-19

Union Budget 2018-19

Union Budget 2018-19 will be the first post-GST budget of India. It is also the last full budget before the 2019 general elections and will most likely be presented on 1st February 2018 by Finance Minister Arun Jaitley. The budget session is expected to begin on 30th January 2018; President Ram Nath Kovind will address the joint session of both the houses. The Economic Survey would be tabled on 31st January. This will be the fifth budget presentation in a row for Arun Jaitley. After the budget-2017, which was referred as mediocre, this will be the last full budget of Modi-led NDA government for this term. Different sectors have high expectations for the much touted economic reforms. Let’s take a quick look at what can be expected from this new budget- Tax Structure- This year, the indirect tax structure of the country was given a facelift with the new Goods and Services Tax (GST) regime. And in Union Budget 2018, we can expect changes in the direct tax structure including income tax...