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
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Union Budget 2020-21 tabled in Parliament | LIVE

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

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FM: Health Cess imposed on Medical Equipment import

FM: Aadhar based Tax verification introduced

FM: Custom duty raised for foot-ware and furniture

FM: Taxes on ESOPS deferred by 5 years

FM speaks for 2 and half hours, Budget speech continues

FM: New digital scheme for Tax Litigation

FM: Electronic invoice implementation in phases

FM: GST refund process has been simplified

FM: New system for instant allotment of PAN

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

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

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

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.

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

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

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

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

FM: New and simplified personal income tax regime

FM: Tax reforms to stimulate growth

FM: Corporate tax at 15% lowest in the world

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

FM moves to Direct Taxes

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

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

FM: Government to sell part of holding LIC via IPO

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

FM: Non-residents can invest in certain government securities

FM: App based invoice financing for MSMEs

FM: Subordinate debt scheme for MSMEs

FM: MSMEs vital to keep the wheels of economy moving

FM: Depositors money safe

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

FM: Rs 30,757 allocated for J&K

FM: Rs 5,958 Cr for Ladakh

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.

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

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

FM: Stable business environment key objective

FM: Common test for non-gazetted posts

FM: Propose to set up national recruitment agency

FM: Criminal liability for crimes civil in nature

FM: Tax payer charter being formalised

FM: Tax harassment cannot be tolerated

FM: Ease of Living govt’s goal

FM: Tax pay charter getting institutionalized

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

FM: National security is top priority of the government

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

FM: Rs 4,400 cr allocation for clean air

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.

FM: 4 more museums to be taken up for renovations

FM: Tribal museum to be set up in Ranchi

FM: Sensex, nifty in red

FM: 5 Archeological sites to be developed as iconic sites

FM: Rs 9,500 cr for senior citizen

FM: Rs 53,700 cr for ST welfare

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

FM: We propose to end manual scavenging

FM: Rs 35,600 cr for nutritional programmes

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

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

FM: Rs 6000 cr for Bharat Net

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

FM: Rs 22,000 cr allocated for power sector

FM: Tejas trains to tourist spots

FM: Policy soon for building Data Center Parks

FM: Delhi-Mumbai expressway by 2023

FM: Plans to energize economic activities along river banks

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

FM: 1.7 lakh Cr for transport infra

FM: Dhubri-Sadia Inland water connectivity by 2022

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

FM: National logistics policy soon

FM: 2000 km of Strategic Highways to be built

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

FM: 103 lakh cr National Infra Pipeline launched

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

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

FM: 5 new smart cities to be developed

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

FM: New scheme for higher insurance cover NIRVIK

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

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

FM: National Police university to set up

FM: Internship for Engineers by Urban local bodeis

FM: Provided Rs 2.38 lakh cr for Agri and Irrigation

FM: Rs 69,000 allocated for health sector

FM: Rs12,300 crs for Swachh Bharat

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

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

16 point in the Budget for Aspirational India

FM: Propse to build seamless national cold supply chain

FM: Integrated farming system in rain stress areas

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

FM: Indian railway to set up a Kisan Rail

Sensex plummets almost 20 points, Nifty up

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

FM: Financial inclusion has helped raise farm incomes

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

FM: Comprehensive measures measures for 100 water stressed districts

FM: Farm markets need to be liberalised

FM: Committed to doubling farmers' income by 2022

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'

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

India now 5th largest economy in the world

FM: Simplified returns regime for GST from April 1

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

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

FM: GST matured to integrate the country

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

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

FM: Inflation well contained

FM: Fundamentals of economy strong

FM Sitharaman begins her Budget speech

FM Sitharaman tables 15th Finance Commission report

Sensex 0.31% up, 127 points up

FM Nirmala Sitharaman presents Union Budget in Parliament

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

Budget copies reach Parliament

Union Cabinet approves the Budget

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

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

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

Budget amid growth dipping to 11-year low

Markets open in green ahead of Budget

Union Cabinet to approve Budget shortly

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