• Nifty %
  • Sensex %
  • Nifty Bank %
  • Equity
  • Mutual Fund
  • Currency
  • Commodity
  • Derivative
  • Research

MARKET SNAPSHOT

  • INDIAN
  • GLOBAL
  • CURRENCY
  • COMMODITIES

MARKET SNAPSHOT

  • INDIAN
  • GLOBAL
  • BSE SENSEX
    1. 1443442
    2. -965.56
    3. 1443 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • Last Update:09 Nov,2017
  • Show All
  • CURRENCY
  • COMMODITIES
  • YEN TO IND
    1. 1443442
    2. -965.56
    3. 1443 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • Last Update:09 Nov,2017
  • Show All
  • TOP GAINERS
  • TOP LOSERS
  • 52 WEEK HIGH
  • 52 WEEK LOW
budget 2019 UNION BUDGET 2019-20 UNION BUDGET 2019

UNION BUDGET - 2019-20

X
Market Action

    Subscribe for a free copy of the Interim Union Budget 2019 Now!

    I authorise Karvy representative to contact me

    INTERIM BUDGET 2019

    Finance Minister Shri. Piyush Goyal to present the Union Budget on February 1st 2019. Typically, the last budget presented before the general elections tends to be a routine affair, done more with a perspective of keeping government revenues and expenses until a new government presents a full budget. This is typically known as an interim budget or “vote on account”. However, this time we should expect a departure from this practice.

    The Indian economy is on the path to recovery. The recovery is led by a pickup in the investment cycle, which we believe is sustainable. In Q2FY2018-19, Gross Fixed Capital Formation grew by 10% YoY. However, the recent NBFC crisis and a slowing world economy are challenges for India. The upcoming budget can help sustain the momentum of growth in the face of these challenges.

    However, GST revenues have been below target, and divestment target is unlikely to be met, given market conditions.

    BUDGET EXPECTATION :

    The Prime Minister has ruled out farm loan waivers. We expect some income support scheme in the budget via cash transfer or DBT, in lieu of subsidies

    Crop insurance scheme such as coverage of a wider range of crops.

    On the corporate tax side, the threshold for the 25% tax may be increased. Currently, 25% tax is applicable to firms with revenue less then Rs. 250 crore, this may be hiked to Rs. 500 crore.

    Increased threshold limits for Direct Tax (Income Tax).

    Increased budgetary allocations towards flagship infrastructure projects like Bharathmala, Sagarmala etc.

    STAGES OF BUDGET:

    • Presentation of Budget by Finance Minister
    • General Discussion of Budget
    • Voting on demand for grants in Lok Sabha
    • Passing of Appropriation Bills
    • Passing of Finance Bills

    AGRICULTURE


    Better and a more liberal MSP scheme and zero-interest loans are also in contemplation.

    +

    BANKS & NBFCs


    Aggressive/political targets for MUDRA and agriculture loans.

    +

    HEALTHCARE & PHARMACEUCITALS


    Focus on affordable medicines under Jan Aushadhi and increase government spend on healthcare

    +

    AUTO & AUTO ANCILLARY


    200% weighted deduction for research and development expenses likely to be brought back.

    +

    CAPITAL GOODS & DEFENCE


    Inverted duty structure to be corrected to provide level playing field to domestic industry, higher budgetary allocation to capital acquisitions in Defence.

    +

    INFORMATION TECHNOLOGY


    Clarity on Treatment of IT enabled services as intermediary services.

    +
    Open Demat Account PARTNER WITH US
    +
    Karvy stock broking
    Open Online Demat account
    Karvy stock broking banner
    X

    Provided credentials already exist.

    d

    Budget2016=karvy POLL

    What will be the prime focus of Budget 2019?

    Agriculture : 0

    Basic Income and Taxes : 0

    Infrastructure : 0