7 years ago
New Delhi:
Finance Minister Nirmala Sitharaman today presented the union budget for the year 2019-20, aimed at boosting infrastructure and foreign investment. This budget was the first since Prime Minister Narendra Modi returned to power for a second time.
While there were no additional breaks announced in income taxes for the middle class, the government announced a slew of incentives for those looking to buy affordable homes and electric vehicles. Ms Sitharaman also announced new levies of Rs. 2 per litre on petrol and diesel - a move that instantly drew opposition criticism. The country's first full-time Finance Minister, Nirmala Sitharaman delivered one of longest budget speeches at 2 hours 17 minutes.
