https://www.taxtmi.com/news?id=21021 Interim Budget 2019 20 introduces targeted fiscal and tax measures to expand social support and stimulate investment: major tax reliefs for low income earners via increased basic exemption and higher standard deduction, raised TDS thresholds on interest and rent, exemption of notional rent on a second self occupied house, and expanded rollover and affordable housing incentives. It pairs these with direct income support for farmers and pension provision for unorganised workers, increased allocations for MGNREGA and social schemes, higher capital and total expenditure to support infrastructure, and a fiscal consolidation path focused on deficit and debt consolidation. en-us Fri, 01 Feb 2019 14:36:02 +0530 Fri, 01 Feb 2019 14:36:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21021 Interim Budget 2019 20 introduces targeted fiscal and tax measures to expand social support and stimulate investment: major tax reliefs for low income earners via increased basic exemption and higher standard deduction, raised TDS thresholds on interest and rent, exemption of notional rent on a second self occupied house, and expanded rollover and affordable housing incentives. It pairs these with direct income support for farmers and pension provision for unorganised workers, increased allocations for MGNREGA and social schemes, higher capital and total expenditure to support infrastructure, and a fiscal consolidation path focused on deficit and debt consolidation. News - Fri, 01 Feb 2019 14:36:02 +0530 https://www.taxtmi.com/news?id=21021