Union Budget 2020 Live Updates: Nirmala Sitharaman lists 16-point action plan to double farmers' income

I congratulate finance minister Nirmala Sitharaman and her team for the first budget of this decade, which has both vision and action: PM Modi 

The new reforms announced in the budget will work to accelerate the economy, financially empower every citizen of the country and strengthen the foundation of the economy in this decade: PM Modi 

Govt to provide additional capital to public sector banks as and when required, says Finance Minister Nirmala Sitharaman

To improve consumption demand, private investment and public spending and since revenue side could not be pressed further, without violating FRBM, we had to relax fiscal deficit target by 0.5%: FM Nirmala Sitharaman 

Corporate tax cut and benefit derived by new companies, as well as improved GST collections will improve revenue generation & give me the comfort to bring down fiscal deficit next year, with disinvestment too improving: Nirmala Sitharaman 

Introduction of taxpayer charter is a major step, in line with our commitment to ensure honest taxpayers are respected, it is an article of faith for us: FM Nirmala Sitharaman 

FM Nirmala Sitharaman: Step to create a tax charter is a very major one announced in this year's Budget 

Finance Minister Nirmala Sitharaman on option of lower income tax rates: We wanted to place money in the hands of the people, particularly the middle class and lower middle classes. We also wanted to simplify income tax process and increase compliance 

We want to remove all exemptions eventually: Finance ministry 

The whole idea of tax reforms is to offer a simplified regime: Govt