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Rs. 1330 Crore provided in Budget 2019 for Women Protection & Empowerment

TDS threshold on interest on bank/post office deposits increased

Standard deduction limit raised to Rs. 50000 For salaried persons

No Tax Benefit to those having Taxable Income Exceeding 5 Lakh

TDS threshold on Rent proposed to be increased to Rs. 2.4 Lakh

Section 80-IBA deduction extended for one more year (Budget 2019)

Tax Exemption on notional rent on second self-occupied house (Budget 2019)

Section 54 Capital Gain Exemption on investment in two residential houses proposed

Budget Speech by FM on Interim Budget 2019-2020

Income upto Rs 5 Lakh to get full tax rebate; higher standard deduction proposed

1.06 Crore people filed ITR for 1st time mainly due to demonetization

Highlights of Union Interim Budget 2019-20

Finance Bill 2019 as presented in Lok Sabha by FM

Union Interim Budget 2019- Major Highlights with Summary
Explore the latest Budget updates on TaxGuru, including relevant legal provisions, notifications, circulars, case laws, compliance developments and expert analysis. This page brings together important developments and practical guidance to help taxpayers, businesses and professionals stay informed and understand the regulatory and commercial implications of changes.
