Newsletter/Booklets 8th Jul 2019

Union Budget 2019 – An Analysis

Authors

Suhail NathaniManaging Partner | Mumbai
Rohit JainDeputy Managing Partner | Mumbai
Abhishek SanyalPartner | New Delhi | Noida
Nishant ShahPartner | Mumbai
Sujjain TalwarPartner | Mumbai

Latest Thought Leadership

Alerts & Updates 16th Feb 2026

Sanctions and Export Controls Update: U.S. Sanctions and Export Controls – Heightened Enforcement

Read More
Alerts & Updates 16th Feb 2026

IRDAI issues clarifications to facilitate investments by insurers in AIFs

Read More
Alerts & Updates 13th Feb 2026

Debt Restructuring Mechanism for MSMEs

Read More
Alerts & Updates 13th Feb 2026

SEBI Proposes Lower Investment Threshold, Extended NPO Registration, and Relaxed ZCZP Subscription Norms for Social Impact Funds and Social Stock Exchanges

Read More

The Hon’ble Finance Minister Ms Nirmala Sitharaman announced the Union Budget 2019-20. The attached booklet contains an analysis of the key announcements.

  • The budget has several clearly identifiable themes that build upon this government’s policies from earlier years. This is clear from a spate of announcements pertaining to promotion of digital payments, focus on affordable housing, increasing attractiveness of electric vehicles, facilitating e-assessment and increased FDI in specific sectors. Announcements pertaining to ‘Study in India’, road and infrastructure development and dispute resolution scheme for indirect taxes have struck positive notes. However, on the flip side, the higher levy on fuel, gold imports and increased rate of taxation for ‘super rich’ have been perceived as significant dampners.

    Overall, the Government has clearly laid down a path for the long term. We have endeavoured to analyse several pertinent provisions of the Budget in this document, with the intent of clearly and succinctly articulating potential impact on industry.

    Read more

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.