With just a day left for the Modi government’s pre-election budget, speculations are going around whether the Finance Minister would issue a full-fledged budget making some big-ticket announcements or simply follow the protocol of issuing interim budget. The budget scheduled to be presented on February 1, is being keenly awaited as it is expected that the government will put favorable measures in plate of the masses. Rakesh Nangia , Managing Partner shares his expectations from interim budget , 2019 for Financial Express.

#Budget2019: The eagerly-awaited Budget, 2019 is all set to be presented on February 1, and will surely be an interesting one. With just a few days to go, there are widespread speculations on what the government has in store for the corporates. Despite being an interim budget, it is expected to be prudent and in favour of the masses. Rakesh Nangia, Managing Partner contributed an article on Would the Interim budget address the tax challenges of India Inc for ET-CFO.

The government will be presenting its Interim Budget on February 1, 2019. Generally, the government does not introduce major changes while presenting its Budget just before the general elections. However, Interim Budget raises hopes in the minds of the common man that the government would present a taxpayer friendly Budget Rakesh Nangia, Managing Partner contributed an article on Budget 2019: Income tax payers seeking more disposable income in hands for Financial Express.

The Interim Budget this year is being considered on par with a full-fledged Budget and expectations are that there could be new tax provisions. Convention says that there should not be any proposal to amend tax laws in the Interim Budget, but rules do not debar the same. Rakesh Nangia, Managing Partner shares his views on Assessees receive notices for missing advance tax payments for Economic Times.