This came a day after in her Budget speech on Friday she said that the government will modify the present policy of retaining 51 per cent stake in PSUs. 

Central Board of Direct Taxes (CBDT) Chairman P C Mody told news agency PTI in an interview that all "legacy issues" related to start-ups will be resolved through a consultative process and under strict supervision of senior officers of the tax authority.

Finance Minister Nirmala Sitharaman on Saturday said the non-banking finance company (NBFC) sector crisis has plateaued but not ended yet and her ministry will monitor the emerging situation with the RBI, a day after she announced a slew of measures to address the lending concerns of the NBFCs.

All eyes were on Nirmala Sitharaman as she had a massive job at hand. She had to fill in the shoes of former Finance Minister Arun Jaitley as well as lay foundation that would help India achieve its goal of becoming a $ 5 trillion economy. Presenting Modi 2.0 government's first budget, Sitharaman laid huge emphasis on investment and consumption to realise the dream of 'New India'. Here is sector wise analysis of who got what in Modi Sarkar 2.0's first union budget.

Alstom's India and South Asia Managing Director Alain Spohr said: "The Finance Minister has taken a holistic approach to prime up India's growth engine. This budget lays down a clear path India needs to take to become a $5 trillion economy."

The first Budget of Modi 2.0 government has laid huge emphasis on investment and consumption to realise the dream of 'New India' making it a $ 5 trillion economy in the next few years, but mobilising funds remains a challenge for it in the wake of global headwinds and domestic slowdown.

The central govt employees were expecting an announcement regarding their long-pending demand of hike in minimum pay and fitment factor beyond 7th Pay Commission recommendations in this budget. However, according to reports, there is no increase in the minimum wages of central govt employees in the Budget 2019.

Budget 2019-20 happened to be the first of the Modi 2.0 government. And as per the size of the National Democratic Alliance's (NDA) victory over its opponents, Sitharaman's maiden Budget speech was a giant-sized bag of chocolates -- a mix of all flavours (read: some might not be your favourite).

Finance Minister Nirmala Sitharaman on Friday in her maiden budget speech has an announcement that might not be music for the middle-class consumers who buy gold for various reasons. The government has increased customs duty on gold and other precious metals to 12.5 per cent from the existing 10 per cent, said Finance Minister in the Lok Sabha.

The Union Budget 2019 was carried by the Finance Minister Nirmala Sitharaman enclosed in a 'bahi khata' which happens to be a red cloth folder that had the national emblem emblazoned on it in gold.

The farming sector looked upto the Bharatiya Janata Party for its promise of allocating Rs 10,000 crore for providing infrastructure like storage and marketing for small fishermen. Presenting the Union Budget for 2019-20, Sitharaman said the government proposes Pradhan Mantri Matsya Sampada Yojana to address the critical infrastructure gap in the fisheries sector.

Presenting her maiden budget at the Lok Sabha, Finance Minister Nirmala Sitharaman on Friday announced a slew of steps to boost India's infrastructure including a budget allocation for 1,25,000 km of rural roads under the Pradhan Mantri Gram Sadak Yojana. Read on to know the top 10 announcements from Budget 2019-20.

It also sets the stage for fulfilling our collective dreams of water for every citizen, ensuring electricity connectivity across India and boosting manufacturing especially in sunrise sectors, Shah said, adding that the budget will enable India to become a more vibrant start-up hub.

He said the Budget underlines structural reforms in the agricultural sector and has a roadmap to transform the farm sector and doubling farmers' income.

Finance Minister Nirmala Sitharaman presented the first Budget of the Narendra Modi government's second term in the Lok Sabha Friday morning. Here's the full list of what has become costlier and what has become cheaper.

While presenting interim Budget 2019-20 in February, the government had pegged fiscal deficit target at 3.4 per cent. 

Finance Minister Nirmala Sitharaman on Friday presented her maiden budget in the Lok Sabha. In a major push to home buyers, the finance minister announced there would be no changes in the tax slabs.

NSIL was incorporated on March 6 under the administrative control of Department of Space (DOS) to commercially exploit the research and development work of ISRO centres and constituent units of DOS.

India is capable of emerging as a hub for the production of electric vehicles (EVs), in the process boosting employment generation.

Presenting her maiden budget in the Lok Sabha, Finance Minister Nirmala Sitharaman on Friday said a new television channel will be set up which will enable discussions of issues that are affecting the growth of startups in the country. In June 2016, the Union Cabinet had approved the setting up of the fund, which is managed by Small Industries Bank of India (SIDBI).