Union Budget 2021 LIVE Updates: FM Nirmala Sitharaman announces reforms in taxation, no changes in income tax slabs

Decided to give greater impetus to economy in this year's budget. We have taken progressive steps in financial sector. Everything is transparent," says Sitharaman

Capacity building in healthcare sector constitute major chunk of the budget: FM

Finance Minister Nirmala Sitharaman is addressing the media after her Budget presentation ceremony. "We chose to spend big on infrastructure and also to attend to the need of health sector," she said.

Finance minister Nirmala Sitharaman briefs media on Union Budget 2021

The Budget focuses on increasing farmers' income, several measures have been taken in this direction. Farmers will be able to get loans easily. Provisions have been made to strengthen APMC markets with the help of Agriculture Infrastructure Fund, PM Narendra Modi.

Addressing the nation after the Budget, Modi said it speaks of "all-round development." "From Covid-related reforms to Atmanirbhar resolve, we moved ahead with this mantra in Budget 2021. It's an active and not a reactive budget," he added, congratulated the Finance Ministry team

"Union Budget 2021-22 has been presented amid unprecedented circumstances. Today’s budget will enhance India’s self," said PM Modi

Budget 2021 will spur growth: PM Modi

"Today's Budget is a vision of "Atmanirbhar Bharat and provides new opportunities. The Budget 2021 will spur growth and will give a boost to India's self-reliance. This has focused on strengthening ease of living," Prime Minister Narendra Modi said.

Budget 2021 LIVE Updates: Markets Update: Sensex zooms over 2,000 points after Budget announcements; Nifty tops 14,150

Budget 2021 LIVE Updates: New Agri Infra Development Cess to be applicable from February 2, 2021, reports PTI