Budget 2020 proposes a new tax regime that includes reductions of income tax slabs to reduce income tax rates and the total tax payable by individuals. Income between Rs 12.5 lakh and Rs 15 lakh will be taxed 25% less than the current 30%. Income above Rs 15 lakh will be subject to 30% tax.

Budget 2020: New optional tax regime proposed

PM Modi thanks, congratulates the Finance Minister Nirmala Sitharaman and addresses the nation on budget 2020 presented by Finance Minister Nirmala Sitharaman. He said, "This budget is focused on employment generation".

Prime Minister expresses views on Budget 2020 presentation, "Focus on employment generation budget"

Here's what Richard M Rossow, Wadhwani Chair in US-India Policy Studies at CSIS, has to say about the impact of Budget on foreign trade and investment

Union Budget 2020: What it means for foreign investors?

Will the problem of unemployment continue to haunt the Indian economy? Watch analysis by Senior Fellow, CSIS - Jayant Krishna

Does Union Budget 2020 address unemployment?

Will Budget 2020 put the economy back on track? Watch WION's Business Editor Sumit Chaturvedi's analysis

Union Budget 2020: Hits and Misses

The Indian Finance Minister Nirmala Sitharaman has proposed an outlay of Rs 22,000 crore for power and renewable energy sector for FY Budget 2020-21. This is the second budget for Sitharaman, who became the second woman finance minister after Indira Gandhi to do so in the history of independent India.

Union Budget 2020: Rs 22,000 Cr allocated for power and renewable energy sector

The Indian Finance Minister Nirmala Sitharaman while presenting Union Budget for FY 2020-21 announced completely electronic registration of charity institutions. Also, to claim exemptions for donations easily, donations made to charity institutions will now be pre-filled in Income Tax return form.

Union Budget 2020: Charity institutions registration made completely electronic

The Indian Finance Minister Nirmala Sitharaman while presenting Union Budget for FY 2020-21 announced the new income tax slab rate. She announced, "Twenty per cent tax for individuals annually earning between Rs 10 lakh and Rs 12.5 lakh, 25 per cent for income between Rs 12.5 lakh and 15 lakh, 30 per cent for above Rs 15 lakh income under the new slab," For those who are earning upto Rs 5 lakh in a year will pay no tax, "For income between Rs 7.5 lakh and Rs 10 lakh per annum, the tax rate has been reduced to 15 per cent from 20 per cent and 10 per cent tax for income between Rs 5 lakh and Rs 7.5 lakh per anum for those who forego deductions and exemptions. This is the second budget for Sitharaman, who became the second woman finance minister after Indira Gandhi to do so in the history of independent India.

Union Budget 2020: Relief for Indian taxpayers

The Indian Finance Minister Nirmala Sitharaman while presenting Union Budget for FY 2020-21 said, We have estimated nominal growth of GDP for the year 2020-21 on the trends available at 10%. This is the second budget for Sitharaman, who became the second woman finance minister after Indira Gandhi to do so in the history of independent India.

Nirmala Sitharaman: Fiscal deficit for FY 2020-21 pegged at 3.5% | Union Budget 2020

A cut in personal income tax, sops for rural and agriculture sectors as well as an aggressive push on infrastructure spending are likely to be part of Finance Minister Nirmala Sitharaman's "feel-good" second Budget.

'Feel good' budget may see cut in tax rate, sops for social sectors

The Indian Finance Minister Nirmala Sitharaman is presenting Union Budget for FY 2020-21. This is the second budget for Sitharaman, who became the second woman finance minister after Indira Gandhi to do so in the history of independent India.

Know how stock market is reacting to Budget 2020

The Budget Session of the Indian Parliament commenced on Friday (January 31) with an address by President Ram Nath Kovind to the joint sitting of two Houses of Parliament. Now all eyes will be on Indian Finance Minister Nirmala Sitharaman tomorrow as she will present her second budget as the country's finance minister. Trade pundits and businesses are waiting with a baited breath, expecting her to bail out the economy of the ongoing slump.

Expectations from the Indian Union Budget 2020

All eyes will be on Nirmala Sitharaman tomorrow as she will present her second budget as the country's finance minister. Trade pundits and businesses are waiting with a baited breath, expecting her to bail out the economy of the ongoing slump.

Briefcase or 'bahi-khata': What will Sitharaman carry for her second budget presentation?

The Budget Session of the Indian Parliament commenced on Friday (January 31) with an address by President Ram Nath Kovind to the joint sitting of two Houses of Parliament. Indian President Kovind delivered a speech in the Central Hall of Parliament at 11 am. The Union Budget 2020-21 will be presented on Saturday (February 1). The first phase of the session will conclude on February 11, while the second part of the session will begin from March 2 and end on April 3.

Indian Union Budget Session 2020 commences today

Delhi Chief Minister Arvind Kejriwal on Thursday demanded the provision of appropriate funds in the upcoming Union Budget for fighting pollution in Delhi, without worrying about the Assembly elections to be held in the national capital next month.

Allocate maximum funds to Delhi in Union Budget: Kejriwal to Centre

Union Budget 2020 will be presented by Finance Minister Nirmala Sitharaman on February 1, news agency ANI reported. As per reports, the first phase of the budget session will be held from January 31 to February 11.

Union Budget 2020 to be presented on February 1

The last one year has been a reality check for non-banking financial companies (NBFCs). With a decline in supply of money, rising cost of borrowing, increasing questions on governance following high-profile defaults and slowdown in consumption impacting auto sector the most, the lending industry is faced with a number of challenges.

Non-banking financial companies will continue to play a key role

India's current account deficit (CAD) is expected to remain largely steady at 16 billion to 17 billion dollars or 2.3 per cent of GDP in the first quarter (April to June) of the current fiscal year 2019-20 despite the recent contraction in merchandise exports and imports, according to investment information firm ICRA.

Current account deficit to print at 16-17 billion dollar in Q1 FY20: ICRA

In a veiled attack on Congress, Union Finance Minister Nirmala Sitharaman connected her idea of carrying Budget documents wrapped in a red cloth instead of a briefcase with alleged corruption in the previous UPA government at the Centre.

We are not a suitcase-carrying government: Nirmala Sitharaman

In her first Budget speech today, Finance Minister Nirmala Sitharaman has proposed a model tenancy law to lay the ground for reforms to promote rental housing. Current rental laws, she said, are archaic as they do not address lessor-lessee relationships fairly.

WION Edit: Home affair - making it available and affordable

Memorable lines from the Union Budget 2019. Sangam literature, life principles and more; here are some of the quotable quotes from Nirmala Sitharaman's maiden budget.

Gravitas: Nirmala Sitharaman's maiden Budget: Quotable quotes

Nirmala Sitharaman's maiden budget has not brought in any changes in income tax limits; but there are crucial changes. Surcharge on the super-rich rises while commodities like Gold & fuel get dearer. Palki summarises.

Gravitas: Budget 2019: The taxation picture

All you need to know about Union Budget 2019. It was not a populist budget, but Nirmala Sitharaman covered a host of areas in her maiden budget. Palki sums up the key areas of focus in Budget 2019.

Gravitas: Budget 2019: Key areas of focus

From harnessing India's space prowess to setting up social stock exchange to incentivising the transition to electric vehicles to making availability credit easier for MSMEs, here's Palki summing up some of the unique elements in Nirmala Sitharaman's maiden budget.

Gravitas: What's unique about Budget 2019

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