Budget 2019 Updates: Sitharaman calls for structural reforms, relaxing FDI norms17 min read 05 Jul 2019, 09:44 AM IST
Live: In her first budget, Nirmala Sitharaman said the govt will consider relaxing FDI in aviation, insurance, single-brand retail
The Narendra Modi government has proposed to corporate tax on companies with turnover up to ₹400 crore reduced to 25%
NEW DELHI : Finance Minister Nirmala Sitharaman presented the first budget of Modi 2.0 government in today. In February's interim budget, the then acting finance minister Piyush Goyal had provided several income tax sops to the middle-class and introduced zero tax liability for those in the ₹5 lakh income bracket. The interim budget had also increased standard deduction to ₹50,000 from ₹40,000 for the salaried class.