With its focus on the welfare of farmers and the poor, the Narendra Modi government says it has presented a Budget in which the rich will pay more taxes and the poor will get a greater share of tax payers' money; Finance Minister Arun Jaitley's Budget 2016 proposes to tax a big chunk of Employee Provident Fund (EPF) withdrawals from April 1, 2016, a move that will disappoint nearly six crore people; Ishrat Jehan's encounter killing in 2004 is being reexamined after a fresh political controversy over comments by former home secretary GK Pillai; and more on the news wrap of the day.
