The thrust on social infrastructure, ease of living, and technology led governance for inclusive, equitable growth is a welcome move. India would continue to need more structural, policy and economic reforms to become a USD 5 trillion economy in the next five years. There is a considerable ground to be covered and this Budget has set the tone for future discourse.
Shyamal Mukherjee
Chairman,
PwC India
As expected, there is populism in the Budget, but with the fiscal deficit stated to be contained at 3.4%, prudence has prevailed. Along with new schemes like PM Kisan Samman Nidhi and PM Shramyogi Maandhan Yojana that have the greater good intent, the tax sops given to the middle class and salaried employees makes it a friendly budget. The vision to create a tech enabled taxpayer friendly tax department is a welcome initiative.
Gautam Mehra
Partner and Leader,
Tax and Regulatory Services, PwC India
Webcast
Our exclusive Budget analysis webcast on 1 February 2019 presented the key highlights on Interim Budget 2019.
Speakers:
Frank Dsouza
Partner and Leader,
National Corporate & International Tax, PwC India
Ranen Banerjee
Partner and Leader,
Public Finance and Economics,
Advisory Services, PwC India
Videos
The Interim Budget 2019 has balanced populism with prudence, says Gautam Mehra, Partner & Leader, Tax and Regulatory Services, PwC India.
In the media
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