WHO increased the standard deduction?

WHO increased the standard deduction?

The Tax Cuts and Jobs Act (TCJA) increased the standard deduction from $6,500 to $12,000 for individual filers, from $13,000 to $24,000 for joint returns, and from $9,550 to $18,000 for heads of household in 2018.

Who Must file 1040?

Who needs to file Form 1040?

Your filing status is . . . At the end of 2019 you were . . .
Single Under 65 65 or older
Married filing jointly Under 65 (both spouses) 65 or older (one spouse) 65 or older (both spouses)
Married filing separately Any age
Head of household Under 65 65 or older

Who presented the Union budget of India in 2009?

The 2009 Union budget of India was presented by the finance minister, Pranab Mukherjee, on 6 July 2009. During 2008–09, the growth rate of GDP of India fell from an average of over 9% in the previous three fiscal years to 6.7%. The wholesale price index of India also witnessed large fluctuations between 13% in August 2008 to 0% in March 2009.

What was the total estimated expenditure of Pranab Mukherjee in 2009-10 budget?

The budget was preceded by an interim budget by Pranab Mukherjee on 16 Feb 2009. The total estimated expenditure for 2009–10 was ₹ 10,20,838 crore, of which ₹ 6,95,689 crore was towards Non Plan and ₹ 3,25,149 crore towards Plan expenditure.

What was the fiscal deficit of India in March 2009?

The wholesale price index of India also witnessed large fluctuations between 13% in August 2008 to 0% in March 2009. The fiscal deficit of Indian government had gone up to 6.1% in March 2009. The budget was preceded by an interim budget by Pranab Mukherjee on 16 Feb 2009.

What was the total estimated expenditure of India in 2009-10?

The total estimated expenditure for 2009–10 was ₹ 10,20,838 crore, of which ₹ 6,95,689 crore was towards Non Plan and ₹ 3,25,149 crore towards Plan expenditure. Total estimated revenue was ₹ 6,19,842 crore, including revenue receipts of ₹ 6,14,497 and capital receipts of ₹ 5345 crores, excluding borrowings.