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.)|
|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|