Union Budget 2019 from SKP Group

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SKP’s India budget publication is released by Tax practice each year. The Budget publication captures the highlights from the budget announcement and its significant impact across sectors, taxpayers, and the economy.

Driving the wagon towards a USD 5 Trillion economy, Finance Minister Nirmala Sitharaman, in her maiden Budget focused on bringing about several transformational economic reforms. Reiterating the ten points of the ’Vision for the Decade’ as envisaged in the Interim Budget, the tax reforms announced were primarily aimed at stimulating growth and promoting digitization and transparency, while simultaneously simplifying tax administration. 

Overall, the Budget looks positive with the government balancing fiscal discipline, infrastructural development, and rural upliftment while setting India on the path towards holistic growth.

 

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