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.