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Finance minister Nirmala Sitharaman calls on President Kovind at Rashtrapati Bhavan before presenting the Union Budget
Finance minister Nirmala Sitharaman calls on President Kovind at Rashtrapati Bhavan before presenting the Union Budget|Twitter

Union Budget 2020-21 tabled in Parliament | LIVE

Finance minister Nirmala Sitharaman presents Union Budget in Parliament. Stay tuned with EastMojo for live updates

FM: Health Cess imposed on Medical Equipment import

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FM: Aadhar based Tax verification introduced

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FM: Custom duty raised for foot-ware and furniture

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FM: Taxes on ESOPS deferred by 5 years

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FM speaks for 2 and half hours, Budget speech continues

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FM: New digital scheme for Tax Litigation

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FM: Electronic invoice implementation in phases

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FM: GST refund process has been simplified

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FM: New system for instant allotment of PAN

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FM: In order to promote affordable housing projects, I propose to extend date of approval of affordable housing projects for availing tax holiday by one more year

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FM: Revenue loss of Rs 25,000 cr due to abolition of DDT

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FM: Cos will no longer pay Dividend Distribution tax (DDT)

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FM: Distribution Dividend Tax for corporate tweaked

Companies will no longer be required to pay DDT. A total of Rs 25,000 crore is revenue foregone due to DDT abolition, says FM. This will make India an attractive investment destination.

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FM: New tax cuts to costs extract of Rs 40,000 per annum

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FM: Tax cut from 15%-20% on 7.5-10 lakh

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FM: Tax cut from 20% to 10% on 5-5.7 lakh

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FM: No income Tax for those earning up to 5 lakh

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FM: New and simplified personal income tax regime

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FM: Tax reforms to stimulate growth

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FM: Corporate tax at 15% lowest in the world

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FM: Radical tax measures taken to keep economy on high growth path

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FM moves to Direct Taxes

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FM: Fiscal Deficit FY 20 at 3.8% of GDP, FY 21 down to 3.5% GDP

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FM: FPI investment limit in Corp bonds up to 15% from 9%

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FM: Government to sell part of holding LIC via IPO

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FM: 1 lakh cr long term debt financing through IIFCL and NIIF

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FM: Non-residents can invest in certain government securities

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FM: App based invoice financing for MSMEs

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FM: Subordinate debt scheme for MSMEs

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FM: MSMEs vital to keep the wheels of economy moving

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FM: Depositors money safe

Insurance cover for each depositor now raised to Rs 5 lakh up from 1 lakh

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FM: Rs 30,757 allocated for J&K

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FM: Rs 5,958 Cr for Ladakh

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FM: India to host G-20 presidency in 2022

India will host G-20 residency in 2022 during 75th year of India's independence. During this event, India would be drive global economic advantage and an allocation of Rs 100 crore has been done for this purpose.

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FM: Rs 100 Cr to begin preparation for G-20 presidency in 2022

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FM: Focus on Northeast to ease financial aid from multilateral agencies

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FM: Stable business environment key objective

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FM: Common test for non-gazetted posts

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FM: Propose to set up national recruitment agency

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FM: Criminal liability for crimes civil in nature

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FM: Tax payer charter being formalised

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FM: Tax harassment cannot be tolerated

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FM: Ease of Living govt’s goal

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FM: Tax pay charter getting institutionalized

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FM: Task force to be set up to recommend marriageable age for women

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FM: National security is top priority of the government

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FM: Rs 4,400 cr allocation for climate change policy

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FM: Rs 4,400 cr allocation for clean air

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FM: Quotes Thiruvalluvar, Tamil poet and philosopher

She says there are five jewels for a country, which is one without illness, one with wealth, it will have good crops, it should have happiness as well as safety/security, quoting the poet.

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FM: 4 more museums to be taken up for renovations

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FM: Tribal museum to be set up in Ranchi

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FM: Sensex, nifty in red

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FM: 5 Archeological sites to be developed as iconic sites

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FM: Rs 9,500 cr for senior citizen

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FM: Rs 53,700 cr for ST welfare

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FM: Rs 85,000 cr for SC and Backward classes

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FM: We propose to end manual scavenging

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FM: Rs 35,600 cr for nutritional programmes

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FM: Rs 28,600 cr for programmes specific to women

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FM: Gross Enrollment Ratio of girls much higher than boys under Beti Bachao Beti Padhao

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FM: Rs 6000 cr for Bharat Net

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FM: 1 Lakh gram panchayats to be connect via ‘Bharat Net’

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FM: Rs 22,000 cr allocated for power sector

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FM: Tejas trains to tourist spots

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FM: Policy soon for building Data Center Parks

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FM: Delhi-Mumbai expressway by 2023

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FM: Plans to energize economic activities along river banks

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FM: 100 more airports to be developed under UDAN scheme, by 2024

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FM: 1.7 lakh Cr for transport infra

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FM: Dhubri-Sadia Inland water connectivity by 2022

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FM: Aim to achieve 11,000 km of Track Electrification

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FM: National logistics policy soon

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FM: 2000 km of Strategic Highways to be built

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FM: Rs 27,300 crore for development for industry and commerce for year 2020-21

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FM: 103 lakh cr National Infra Pipeline launched

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FM: PM highlighted 100 lakh cr to be invested in infrastructure

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FM: To push mobile phone manufacturing in India. Details soon

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FM: 5 new smart cities to be developed

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FM: New National technical textile policy. Outlay of Rs 1480 cr

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FM: New scheme for higher insurance cover NIRVIK

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FM: Investment clearance cell to be set up to facilitate entrepreneurs

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FM: Moves to second theme of the Budget- Economic Development

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FM: National Police university to set up

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FM: Internship for Engineers by Urban local bodeis

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FM: Provided Rs 2.38 lakh cr for Agri and Irrigation

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FM: Rs 69,000 allocated for health sector

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FM: Rs12,300 crs for Swachh Bharat

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FM: For sector comprising agriculture, allied activities, irrigation and rural development, an allocation of Rs 2.83 lakh crores has been made for 2020-21

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FM: Agri credit target for 2020 set at Rs 15 lakh crore

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16 point in the Budget for Aspirational India

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FM: Propse to build seamless national cold supply chain

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FM: Integrated farming system in rain stress areas

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FM: Krishi Udan will be laucnhed by ministry of civil aviation on international & national routes

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FM: Indian railway to set up a Kisan Rail

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Sensex plummets almost 20 points, Nifty up

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FM: Three key points of Budget-aspirational India, economic development for all and that ours shall be a caring society

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FM: Financial inclusion has helped raise farm incomes

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FM: Scheme to help farmers set up solar pumps, to help 20 lakh farmers

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FM: Comprehensive measures measures for 100 water stressed districts

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FM: Farm markets need to be liberalised

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FM: Committed to doubling farmers' income by 2022

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FM: Our country's will be like the blooming lotus in Dal Lake

FM Nirmala Sitharaman recites a verse in Kashmiri and translates it in Hindi, 'Humara watan khilte hue Shalimar bagh jaise, humara watan Dal lake mein khilte hue kamal jaisa, nau jawanon ke garam khoon jaisa, mera watan tera watan, humara watan, duniya ka sabse pyara watan'

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FM: Centre's debt down to 49% of GDP between 2014-19

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India now 5th largest economy in the world

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FM: Simplified returns regime for GST from April 1

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FM: More than 60 lakh new tax payers added in the past 2 years

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FM: Average household now saves 4% of its monthly spent due to GST

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FM: GST matured to integrate the country

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FM: Centre and state to work together to achieve common goal of prosperity

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FM pays homage to 'visionary leader' former FM Arun Jaitley

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FM: Inflation well contained

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FM: Fundamentals of economy strong

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FM Sitharaman begins her Budget speech

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FM Sitharaman tables 15th Finance Commission report

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Sensex 0.31% up, 127 points up

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FM Nirmala Sitharaman presents Union Budget in Parliament

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PM Narendra Modi, FM Nirmala Sitharaman in Parliament House after Cabinet meeting

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Budget copies reach Parliament

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Union Cabinet approves the Budget

Union Cabinet approves Budget 2020, Finance Minister Nirmala Sitharaman to present the budget in Lok Sabha shortly

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FM Sitharaman's family including her daughter Parakala Vangmayi arrive in Parliament

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Finance minister Nirmala Sitharaman calls on President Kovind at Rashtrapati Bhavan before presenting the Union Budget

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Budget amid growth dipping to 11-year low

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Markets open in green ahead of Budget

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Union Cabinet to approve Budget shortly

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