Economic Reforms Package / Mini Budget 2019 Updates

I am here today sharing the article in connection with Economic Reforms Package / Mini Budget 2019 Updates & Government Employees. Some salient points of this mini budget 2019 / economic reforms package are as under:

  • There has been eliminated 6% withholding tax on bank transactions for the filers.  
    • Tax Non-filers can purchase vehicles upto 1300 CC tax will increase for these persons.
    • There is imposed 10% tax on imported items and vehicles ranging from 1800 CC and above.
    • Non filer can purchase house upto 50 lac.
    • Saving tax has been eliminated on bank savings
    • There has been fixed only one tax on mobile phone call instead of two or three
    • Further details as soon as we get in this regard will be shared at the same post.
    • Marriage Hall tax has been reduced from Rs. 20000 to Rs. 5000/-
Mobile Price of Imported Mobile Sales Tax (Rs.)
500 Dollars 10300
300 to 500 Dollars 6000
200 to 350 Dollars 1930
100 to 200 Dollars 1870
30 to 100 Dollars 1470
Less than 30 Dollars 150
Mini Budget 2019 Updates

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