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Union Budget 2019 | Super Rich To Be Taxed More, Govt Gives No Relief To Middle Class

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Union Finance Minister Nirmala Sitharaman in her maiden budget on Friday kept the income tax slab rates unchanged but announced new income tax proposals that could impact many taxpayers. Making it convenient for the tax-payers, the government has proposed to make PAN and Aadhaar card interchangeable and allow those who don’t have PAN to file Income Tax Returns by quoting their Aadhaar card number. Sitharaman also told the House that more than 120 crore Indians have Aadhaar and so the proposal intends to make the process more convenient for the tax-payers. Union Budget 2019-20 Live Updates: Sitharaman had begun her maiden budget speech with the announcing that India is on course to becoming a $3 trillion economy this year. As she moves forward with her budget speech, all eyes will be on how Sitharaman juggles hopes on income tax exemption limit, job creation and mini-stimulus to reinvigorate the Indian economic. There is speculation that Sitharaman may give relief to the common man by raising personal income tax exemption for certain categories. #budget2019, #nirmalasitharaman Catch All The Latest Updates In The Market LIVE Only On CNBC AWAAZ CNBC Awaaz is India’s number one business channel and an undisputed leader in business news and information for the last 14 years. Our channel aims to educate, inform and inspire consumers to go beyond limitations, with practical tips on personal finance, investing, technology, consumer goods and capital markets. Policymakers and business owners alike have grown to trust CNBC Awaaz as the most reliable source with its eye on India’s business climate. Our programming gives consumers a platform to make decisions with confidence. #stockmarket #nifty #niftyanalysis #niftystocktrading #mutualfunds Subscribe to the CNBC Awaaz YouTube channel here: https://goo.gl/g3rzrW Follow CNBC Awaaz on Twitter: https://twitter.com/CNBC_Awaaz Like us on our CNBC Awaaz Facebook page: https://hi-in.facebook.com/CNBCAwaazIndia

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