Budget 2020 Live updates: BJP hails Budget, opposition says it lacks vision to revive economy
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  • Budget 2020 Live updates: BJP hails Budget, opposition says it lacks vision to revive economy
THE TIMES OF INDIA | Feb 02, 2020, 12:51:16 IST
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Budget 2020 Live updates: BJP hails Budget, opposition says it lacks vision to revive economy

Finance minister Nirmala Sitharaman promised to put more money in people's pockets and announced measures to boost the income of farmers as she delivered her longest-ever Budget speech today. Stay with TOI for live updates
14:02 (IST) Feb 01
Longest Budget speech and most lacklustre; it appears govt abandoned $5tn economy target: Cong
14:01 (IST) Feb 01
Sitharaman raises excise duty by way of national calamity contingent duty on cigarettes, tobacco products
14:00 (IST) Feb 01

Just platitudes, slogans; nothing substantial to alleviate people's misery, growing unemployment, prices

Sitaram Yechury, CPM

13:59 (IST) Feb 01
Fall in core sector growth serious; Budget fails to layout roadmap on how to address it: Congress
13:57 (IST) Feb 01

Budget is insipid, lacks stimulus for growth; no clear roadmap for job creation

Anand Sharma, Congress

13:54 (IST) Feb 01
Markets down following Budget announcements, Sensex plunges over 600 points, Nifty below 11,800
13:52 (IST) Feb 01
Nirmala Sitharaman cuts short her Budget speech after feeling unwell towards the end (PTI)
13:44 (IST) Feb 01
FM Sitharaman concludes her speech
13:41 (IST) Feb 01

To ease allotment of PAN, new process of instantly allotting PAN through Aadhaar will be brought

FM

13:40 (IST) Feb 01
FM announces health cess on import of medical equipment
13:39 (IST) Feb 01
Custom duty raised on footwear and furniture: FM
13:37 (IST) Feb 01
Direct taxes are lowest, simplest and smoothest, says FM
13:34 (IST) Feb 01
'Vivad se Vishwas' scheme for direct tax payers whose appeals are pending at various forum, says FM
13:33 (IST) Feb 01
FM proposes scheme to bring down litigation in direct taxation scheme; 4.83 lakh direct cases pending in various appellate forums
13:33 (IST) Feb 01
Income Tax Act to be amended to allow faceless appeals against tax orders on lines of faceless assessment: FM
13:31 (IST) Feb 01
Meanwhile, Sensex plunges nearly 600 points
13:30 (IST) Feb 01
Govt extends additional Rs 1.5 lakh tax benefit on interest paid on affordable housing loans to March 2021
13:30 (IST) Feb 01
Tax on Cooperative societies proposed to be reduced to 22 per cent plus surcharge and cess, as against 30 per cent at present, says FM
13:24 (IST) Feb 01
Date of approval of affordable housing projects for availing tax holiday on profit earned by developers extended by 1 year: FM
13:22 (IST) Feb 01
In a boost to MSMSEs, turnover threshold for audit raised to Rs 5 crore from Rs 1 crore: FM