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What are the Implications of Union Budget 2018-19 on the livelihood of the Indian Middle Class?

There is a Three-Tier System of Government in India, The Central (or Union) Government, State Government and Local Government (like Municipal Corporation, Municipal Committee, Zila Parishad, etc.). These Governments prepare their own respective Budgets (called Union Budget, State Budget and Municipal Budget) containing estimates of expected revenue and proposed expenditure. However the Union Budget of India, […]

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BLOG India Insights

Union Budget 2018-19 Top Developments Highlights

Click Here to Download Union Budget 2018-19 Document (Press Information Bureau)  Experts call it a budget for the rural population of India with not much for the middle class. Top Developments Total revenue expenditure of the government is ₹21.57 lakh crore. 100 per cent deduction to farmer-producer companies having ₹100 crore turnover. Corporate tax will […]

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India Insights

Analysis of Defence Budget PDF

Click Here to Read All Major Developments of Union Budget 2018-19 FM allocated ₹2,74,114 crore for defence in 2017-18 budget allocation, last year it was ₹2,58,589.32 crore . This shows a 5.6% increase over the revised estimates of the present year. While Defense… Read Full Article : Analysis of Defence Budget Allocation Download The PDF […]