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Union Budget 2020 Live Updates: Nirmala Sitharaman lists 16-point action plan to double farmers' income
The Union Budget 2020 is all set to be tabled in the Lok Sabha on February 1 by Finance Minister Nirmala Sitharaman. The finance minister is expected...
The Union Budget 2020 is all set to be tabled in the Lok Sabha on February 1 by Finance Minister Nirmala Sitharaman. The finance minister is expected to put out all available measures to give a boost to failing consumer demand and investment at a time when the economy is reeling under one of its worst slowdowns in decades.
Will the government be able to revive growth with Union Budget 2020? Follow live updates on the Union Budget here
Live Updates
- 1 Feb 2020 12:12 PM GMT
Union Minister of Commerce & Industry, Piyush Goyal: Rahul Gandhi didn't seem very enthused with the budget, if he has any issue-based questions I can answer them but if he only wants to use adjectives, I'm seeing 10 times better adjectives that are positive on the television.
- 1 Feb 2020 12:00 PM GMT
We believe in the citizen of India and there will be no need to audit firms with a turnover of till Rs 5 crore. No CA certification would be needed. The limit was previously at Rs 1 crore: PM Modi
- 1 Feb 2020 11:59 AM GMT
Several tax concessions have been given to attract foreign investment. Tax benefits have also been provided for start-ups and real estate sector. All these decisions will boost the economy faster and will provide new employment opportunities: PM Modi
- 1 Feb 2020 11:59 AM GMT
Investment is the biggest driver for employment. Steps have been taken to strengthen the bond market and finance for infrastructure. The removal of DDT will hand companies Rs 25,000 crore that will be further invested by them: PM Modi
- 1 Feb 2020 11:58 AM GMT
"The goal to develop 100 airports in the country is very important for the tourism sector of the country. In tourism, there is more possibility of employment/income generation with lesser investment" says Prime Minister Narendra Modi.
- 1 Feb 2020 11:57 AM GMT
Tax payer charter announced in Budget will clarify rights of tax payers: PM Modi
- 1 Feb 2020 11:57 AM GMT
In order to double the income of the farmer, 16 action points have been created which will work to increase employment in rural areas: PM Modi
- 1 Feb 2020 11:56 AM GMT
The main areas of employment are agriculture, infrastructure, textiles and technology. In order to increase employment, these four sectors have been given a lot of emphasis in this Budget: PM Modi
- 1 Feb 2020 11:56 AM GMT
Govt has announced many measures in Budget to push employment in country: PM Modi
