Under the new regime, people earning up to Rs 5 lakh will pay no tax and those up to Rs 7.5 lakh will pay 10 percent tax, against the present 20 percent. In the Budget, the govt also announced that it will sell a part of its holding in LIC.
It was also the maiden budget for Sitharaman, who becomes the second woman finance minister after Indira Gandhi to do so in the history of independent India.
9.6 crore toilets have been constructed since October 2, 2014. More than 5.6 lakh villages have become open defecation free. We have to build on this success. I propose to expand the Swachh Bharat mission to undertake sustainable solid waste management in every village
Government keeps Gaon, Garib, and Kisan at the centre of everything we do, of every programme... By 2022, every single rural family except those who are unwilling to take the connection will have electricity and a clean cooking facility
Global FDI flow slipped by 13 per cent in 2018 to USD 1.3 trillion, from 1.5 in the previous year. However, India's FDI flows in 2018-19 remained strong at USD 54.2 billion, six per cent higher than last year