Income tax rate may be cut in Budget: Report
3 min read . 04 Dec 2019- Finance Minister Nirmala Sitharaman may cut income tax slabs in February's Budget
- The tax exemption limit may, however, remain unchanged at ₹2.5 lakh
A Mint analysis shows that there is little correlation between how much a theme is covered in the speech and its allocated expenditure in the budget
The Centre aims to significantly raise public sector employment, which hit a six-year-low in FY18, but it is worth taking the estimates with a pinch of salt
Inadequate GST tax revenue might push the government to aggressively target more tax from corporates, in a repeat of what happened in 2018-19
One hopes the budget will help unshackle ‘animal spirits’ of investors and entrepreneurs
We hope govt will take steps to safeguard local industries such as aluminium, copper, iron ore
The Jaitley years have left a deep imprint on Nirmala Sitharaman’s maiden budget, which signals more of continuity than change, an analysis suggests