Insights

Interim Union Budget 2019 – An Analysis

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Dear Reader,

The Hon’ble Interim Finance Minister Mr. Piyush Goyal announced the Interim Union Budget 2019 today. The attached booklet contains an analysis of the key announcements.

Usually a vote on account does not bring with it massive changes; however, this year was different in that there are several important changes proposed to reduce the tax burden on the middle-class tax payers, MSMEs and rural populace. It has managed to strike the right balance wherein every segment of society gets a little bit, with the promise of lots more to come, as was clear from the Interim Finance Minister’s vision for India over the next 10 years.

Our endeavour is to ensure that it makes for an interesting read, and we welcome your feedback. Please connect with us at insights@elp-in.com with any queries or comments.

As always, your feedback and comments are welcome.

Regards,
Team ELP

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