10 Key Takeaways from Budget 2019

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Date: July 25, 2019
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Vision of $5 trillion
economy driven by
investment

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Key Takeaway 1

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Upfront incentives on
purchase of Electric
Vehicles

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Key Takeaway 2

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Threshold for applicability of
lower corporate tax rate of
25% increased from ₹250 crore
to ₹400 crore, covering 99.3 %
of corporate India

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Key Takeaway 3

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Exclusive TV channel to
promote start-ups

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Key Takeaway 4

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Strengthening connectivity &
infrastructure: Bharat Mala
2.0 to focus on states to build
their road networks

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Key Takeaway 5

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Pension for
shopkeepers & retailers
with turnover less than
Rs. 1.5 crore

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Key Takeaway 6

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Aadhaar and PAN made
interchangeable, Aadhaar
can be used by people to
file income tax returns
even without a PAN card

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Key Takeaway 7

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Rs. 100 lakh crore to be
invested for infra
development in next 5 years

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Key Takeaway 8

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Minimum public float for
Listed companies increased to
35 per cent from 25 per cent

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Key Takeaway 9

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100% FDI to be
permitted for Insurance
intermediaries

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Key Takeaway 10

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