The government proposed to take up 100 critical transport infrastructure projects, for last and first-mile connectivity for ports, coal, steel, fertilizer, and food grains sectors.
Union Finance Minister Nirmala Sitharaman started her speech in the Parliament on Wednesday wherein she termed the Budget the "first budget in Amrit Kaal".
Speaking on the Personal Income Tax rebate in the new tax regime, Sinha said, "Middle class will benefit most from this year's budget. Consumption will increase due to this move and the economy will further boost."
Finance Minister Nirmala Sitharaman on Wednesday while addressing the Lok Sabha during the Budget Session proposed to launch an App in which all the relevant aspects of the tourist destination would be made available, in addition to aspects such as physical connectivity, virtual connectivity
Prime Minister Narendra Modi on Wednesday hailed the last full Union Budget of this term of his government and said that it would lay a strong foundation for building a developed India.
Mayawati said that the presented budget has been very much similar to the ones presented in the last nine years with huge promises and announcements being showered on the common citizens.
Union Finance Minister Nirmala Sitharaman, during the Budget session today, announced an increase in the income tax rebate limit from Rs 5 lakh to Rs 7 lakh stating that the new tax regime will now be the default tax regime.
In her Budget speech finance minister Nirmala Sitharaman also proposed to change the tax structure in this regime by reducing the number of slabs to 5 and increasing the tax exemption limit to Rs 3 lakh.