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

Investment Funds
Alerts & Updates 29th Jul 2026

IFSCA Informal Guidance Addresses Use of PSP Payment Accounts for Fund Subscriptions and Redemptions

Read More
Alerts & Updates 29th Jul 2026

Labour and Employment – Recent Judicial Developments

Read More
Investment Funds
Alerts & Updates 29th Jul 2026

The India-Mauritius DTAA Protocol and the Principal Purpose Test: Treaty Entitlement, Substance and the Post-2017 Investment Landscape

Read More
international trades
Alerts & Updates 24th Jul 2026

USTR Finalises Section 301 Forced Labour Tariffs

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.