Upcoming Indian Budget Expectations for 2019
                     Upcoming Budget Expectations: 
India Full Budget 2019 
What you can expect?
Recommendation on GST 
Rates
1) India is the highest tax paying country when it 
comes to GST. It is recommended that the 
government should decrease the rates of GST on good 
and services by 15% to 20% upcoming budget of 
2019. This will benefit the people who are living 
below the poverty line.
2) The Government should bring the non-GST products 
in GST as well.
Deductions on Saving 
Interest
The Indian government should increase the deduction on 
interest limit for a savings bank account which was earlier 
Rs 10000.
Pollution in Metro Cities
Pollution is the biggest 
threat to human lives, and 
it is expected that Indian 
government will spend 
some part of the upcoming 
budget on this issue and 
take appropriate action to 
overcome this problem.
House Rent Allowance (HRA) 
As per the current situation in 
India employees moved to metro 
cities like Delhi, Banglore, 
Haidrabad, Chennai because of the 
employment opportunities there. 
The government should spend 
some amount of their upcoming 
budget in order to increase the 
HRA for the people staying in 
metro cities for the purpose of 
work.
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Time Limit for Buying A New 
Property
Section 54 and 54F is a 
rule in which taxpayers 
get very little time (2 
years) to invest in a new 
house or a property. The 
government may increase 
the time limit to 5 years 
invest in a new property.
Deductions on Home Loan
It is expected from Modi 
government to reduce the 
interest rates on home 
loan by 2.45% by the end 
of 2019, which is 
currently 4.7%
Thank You