Moneycontrol Be a Pro
Get App
Last Updated : Jul 05, 2019 12:49 PM IST | Source: Moneycontrol.com

Budget 2019: Will FM Nirmala Sitharaman provide tax relief for salaried class?

While India Inc would want a reduction in corporate tax and relief with regard to Minimum Alternate Tax and Angel Tax, the middle class is hoping for a reduction in income tax.

Moneycontrol News @moneycontrolcom

In her first Budget speech, Finance Minister Nirmala Sitharaman will have to balance expectations of the industry as well as the salaried class.

While India Inc would want a reduction in corporate tax and relief with regard to Minimum Alternate Tax and Angel Tax, the middle class is hoping for a reduction in income tax.

At the same time fiscal slippage, lack of jobs and a looming water crisis are worrying the nation, which need to be addressed by budget 2019.

Close

Moneycontrol's Deputy Executive Editor Ravi Krishnan talks to Jinesh Shah, Partner – Tax at KPMG India, to find what Budget 2019 could have in store for the masses.

Watch the video for more.

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Jul 5, 2019 11:43 am
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant
Make every wish come true
10% CashBack on Apparel
10% CashBack on Electronics
Swipe & Win iPhone 11 every hour