Union Budget 2020 Live: In her bid to address all, pressing economic issues Nirmala Sitharaman ends up impressing some, disappoint some others

Union Budget 2020 Live: Finance Minister Nirmala Sitharaman presents her second budget in Parliament

5:46 PM IST

Kiran Mazumdar Shaw gives a thumbs down for Union Budget 2020-21

Although my immediate response to the budget was satisfactory, now that I’ve read the fine print I must say I’m less optimistic about strong economic revival. In fact removal of exemptions n DDT will hurt individual tax payer n affect consumer spending. Why no export incentives? This time around business confidence is boosted but individual tax payers are disappointed. Consumer spending is unlikely to be boosted, tweeted  Kiran Mazumdar Shaw. 

5:41 PM IST

Prime Minister congratulates FM Niramala Sitharaman on Union Budget 2020-21

I congratulate finance minister Nirmala Sitharaman and her team for the first budget of this decade, which has a vision. The budget also proposes tax holidays for start ups for a period of 5 years with a view to encouraging starting businesses in India. Budget will give new energy to youth in country by promoting start-ups. 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. The govt has announced many measures in Budget to push employment in country: PM 

4:23 PM IST

Chidambaram slams Union Budget 2020-21

FM out-rightly rejected every idea given in the economic survey. Government does not believe in reforms. This budget has done nothing to create jobs. 10 has got a one and a zero, you can pick either number, I don't care. Nothing for mining, manufacturing and construction. We have to live with this Budget until the govt is forced to revise it: Chidambaram

4:21 PM IST

West Bengal CM Mamata Banerjee appalled with Union Budget 2020-21

Mamata Banerjee: I am shocked & appalled to see how the Central Government plans to ambush the heritage & legacy of public institutions. It’s the end of a sense of security. Is it also the end of an era?

4:14 PM IST

Union minister Piyush Goyal reacts on Union Budget 2020-21

It is a balanced Budget which prepares India for the decade ahead of us and prepares it to be a 5 trillion dollar economy. It also covers a vast canvas both on the social side, on economic development&ensures that we continue to remain an economic powerhouse: Piyush Goyal 
 

4:13 PM IST

FM reacts to Rahul Gandhi's analysis of Union Budget 2020-21

Finance Minister Nirmala Sitharaman: I agree that my budget speech was lengthy but in the speech, I had focussed on and spoken about the schemes for employment for the youth, as well as benefits to them. 
 

4:06 PM IST

Union Budget 2020-21: Additional capital to public sector banks

Govt to provide additional capital to public sector banks as and when required, says FM

4:03 PM IST

Union Budget 2020-21: FM on improved GST collections

FM Nirmala Sitharaman: To improve consumption demand, private investment and public spending and since revenue side could not be pressed further, without violating FRBM (Fiscal Responsibility and Budget Management), we had to relax fiscal deficit target by 0.5%. Corporate tax cut and benefit derived by new companies, as well as improved GST collections will improve revenue generation & give the comfort to bring down fiscal deficit next year, with disinvestment too improving. 
 

3:59 PM IST

Changes in Income Tax Act

We've made changes in Income Tax Act where if an Indian citizen stays out of country for more than 182 days,he becomes non-resident. So we've made some changes, now in order to become non-resident he has to stay out of country for 240 days. Some people are residents of no country. They may be staying in different countries for certain number of days. So if any Indian citizen is not a resident of any country in the world, he'll be deemed to be a resident of India&his worldwide income will be taxed: Revenue Secy

3:57 PM IST

Revenue Secy Ajay Bhushan Pandey on exemption

We took a comprehensive review of all exemptions&found close to 120 exemptions. We took a review of each item. In order to offer a simplified system, now the total exemptions which have been removed from the new system is, about 70: Revenue Secy  
 

3:56 PM IST

Union Budget 2020-21: Sensex plunges at closing

Sensex closes at 39,735.53, down by 987.96 points.

3:49 PM IST

Smriti Irani grateful to PM and FM

Grateful to PM @narendramodi Ji & FM @nsitharaman Ji for announcing National Technical Textiles Mission. Technical Textiles is the sunrise sector in the overall Textiles spectrum & formulation of this mission will help tap the huge potential of the sector.

3:48 PM IST

Union Budget 2020-21: Step to create a tax charter is a very major one announced

Budget Taxpayer charter is a major step in line with our commitment to ensure honest taxpayers are respected: FM 

3:44 PM IST

FM on real estate budget

We have given the real estate sector much before the Budget was announced: FM 

3:42 PM IST

Electricity may get cheaper

Power tariffs may fall as corporate taxes reduced
 

3:41 PM IST

Union Budget 2020-21: Finance minister on exemptions

We want to remove all exemptions eventually: Finance ministry
 

3:39 PM IST

Union Budget 2020-21: More on tax reforms

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

3:33 PM IST

FM expands on Income Tax slabs

Income tax rate to make sure money is in the hands of the people, particularly the middle class and lower middle classes: FM

3:31 PM IST

FM Sitharaman addresses press conference after Union Budget 2020-21 presentation

We want to bring the tax rates down and remove complications when it comes to compliance: FM

3:27 PM IST

Home minister Amit Shah reacts on Union Budget 2020-21

In budget, Modi govt has taken effective steps to rationalize tax system, boost basic infrastructure, strengthen banking system, promote investment & ease of doing business, which will further Modi govt’s resolve to make India a US$ 5 trillion economy.

3:26 PM IST

FM cut shorts her budget speech after feeling unwell

Finance Minister Nirmala Sitharaman delivers longest budget speech for 2 hours 40 minutes, breaks own record of 2 hours 17 minutes 

3:23 PM IST

Defence allocation gets a hike in Union Budget 2020-21

Defence budget hiked by 6% from Rs 3.18 lakh crore to Rs 3.37 lakh crore. With defence pensions, the total budget would go upto Rs 4.7 lakh crore.

3:13 PM IST

Sensex plummets 900 points while Nifty plunges 276 points

Sensex nosedives 900.29 points to 39,805.61; Nifty sinks 276.85 points to 11,685.25 after Budget presentation

3:04 PM IST

Industrialists welcome FM's budget

"We welcome the moves proposed by the government to introduce special measures for perishable goods in Budget 2020. Measures like adding refrigerated coach in trains for transportation of perishable goods like milk, meat and fish will be a game changer for the meat retailer industry. Also, the government's steps to boost fish production to 200 lakh tonnes by 2022-2023 is going to bring about a cheer to the marine farmers. Skill development fund allocation by the government for the youth in the rural sector to provide jobs in the fisheries segment are the steps that were required to boost the meat and seafood retail, as well as enhance the rural sentiments and provide more opportunities for growth. Seamless national cold supply chain for perishables through PPP Model for swift transportation on national and international routes is a welcome change to cater to the demands of the domestic as well as global markets,”  says Nishanth Chandran, Founder & CEO, TenderCuts
 

2:54 PM IST

Nirmala gains thumbs up from industrialists

“The Finance Minister stays committed to beat critics by announcing a digital refunds of duties and taxes to exporters. This will go a long way in swaying India to be an export oriented economy and will massively tilt the balance of foreign exchange favorably,” says Anil Talreja, Partner, Deloitte India 

2:52 PM IST

The new tax slabs are optional

Finance minister clarified that the new tax slabs are optional.

2:49 PM IST

Defence minister Rajnath Singh's reaction on Union Budget 2020-21

Budget is expected to significantly boost economy as it focuses on reviving growth and rejuvenating demand

2:48 PM IST

Union Budget 2020-21: Hike in defence pension budget

The defence pension budget goes up to Rs 1.33 lakh crore from Rs 1.17 lakh crore allocated last year. The hike in defence pension budget is more than the hike given in revenue and capital funds for defence.

2:46 PM IST

Union Budget 2020-21: Defence gets more than last year's Budget

For modernisation and buying new weapon systems, defence forces allocated Rs 1,10,734 crore which is Rs 10, 340 more than what was provided in last year’s budget.

2:44 PM IST

Gainer of Union Budget 2020-21: Transportation

Sitharaman unveiled plans for India’s highways and railways, proposing 1.7 trillion rupees ($23.7 billion) for transport infrastructure that includes the accelerated development of highways and plans to monetize 12 lots of highway bundles. Key infrastructure players like Larson & Toubro and KNR Constructions and IRB Infra look set to benefit.

2:41 PM IST

Congress lashes out at Budget as 'insipid and lacking in stimulus growth

Calling the Union budget "insipid" and lacking in stimulus for growth, the Congress has said the government's annual financial statement comprises piecemeal measures, repackaged schemes, jugglery of tax slabs and has no real solutions to solve the economic crisis.

2:39 PM IST

Union Budget 2020-21 disappoints Delhi CM

Arvind Kejriwal: Delhi had high expectations from the budget. But once again the Delhiites were treated half-heartedly. Delhi does not come in BJP's priority, so why should Delhi vote for BJP? The question is also that when the BJP is disappointing Delhi before the election, will it keep its promises after the election?

2:37 PM IST

Union Budget 2020-21: UP chief minister Yogi Adityanath hails pro-farmer budget

I congratulate Prime Minister Modi and Finance Minister Nirmala Sitharaman for this development oriented and pro-farmer budget. This Budget will further strengthen the economy.

2:35 PM IST

Rahul Gandhi: This Union Budget 2020-21 was the longest in history

Maybe this was the longest Budget speech in history but it had nothing, it was hollow. 

2:33 PM IST

Rahul Gandhi's reaction on Union Budget 2020-21

The main issue facing is unemployment. I didn't see any strategic idea that would help our youth get jobs. I saw tactical stuff but no central idea. It describes govt well, lot of repetition,rambling-it is mindset of govt, all talk, but nothing happening.

1:50 PM IST

Nirmala Sitharaman concludes Union Budget 2020-21 presentation

Finance minister Nirmala Sitharaman has concluded presentation of Union Budget 2020-21.

1:42 PM IST

Vivad se Vishwas scheme for direct tax payers whose appeals are pending at various forum

Under Vivad Se Vishwas Scheme, taxpayer to pay only amount of disputed tax, will get complete waiver on interest and penalty, if scheme is availed by March 31, 2020

1:34 PM IST

Govt to launch system for instant allotment of PAN on basis of Aadhaar

Govt to further ease process of allotment of PAN. Govt to launch system for instant allotment of PAN on basis of Aadhaar

1:31 PM IST

Donation to charitable institutions allowed as deduction in computing taxable income of donor

Income of charitable institutions fully exempt from taxation; Donation to such institutions allowed as deduction in computing taxable income of donor.

1:29 PM IST

New power generation companies to be taxed at 15%


Concessional corporate tax cut to be extended to new domestic companies engaged in power generation

1:28 PM IST

Companies will not be required to pay DDT

Dividend Distribution Tax to be removed, companies will not be required to pay DDT, dividend to be taxed only at the hands of recipients at applicable rates

1:27 PM IST

Govt proposes 100% tax concession


Govt proposes 100% tax concession to sovereign wealth funds on investment in infra projects

1:26 PM IST

Tax holiday to affordable housing developers


FM makes housing more affordable, gives tax holiday to affordable housing developers

1:21 PM IST

Start-ups are engine of growth

Start-ups are engine of growth. Propose to increase turnover limit for startups from Rs 25 crores to 100 crores.

1:21 PM IST

New personal income tax regime

In this new personal income tax regime, income tax rates will be significantly reduced for the individuals who forgo certain exemptions and deductions

1:12 PM IST

FM Sitharaman announces major relief for taxpayers

Those with income between Rs 7.5-10 lakh to pay tax at 15% against current 20%. Those with income between Rs 10-12.5 lakh to pay tax at 20% against 30%

1:08 PM IST

New simplified personal I-T regime proposed

We propose to bring a personal income tax regime, where income tax rates will be reduced, so now, person earning between Rs 5-7.5 lakhs will be required to pay tax at 10% against current 20%.

1:01 PM IST

We estimate a fiscal deficit of 3.8%: Sitharaman

We estimate a fiscal deficit of 3.8% in RE 2019-20 and 3.5% for PE 2020-21

1:01 PM IST

GDP nominal growth has been estimated at 10%

We have estimated nominal growth of GDP for the year 2020-21 on the trends available, at 10%:FM

12:55 PM IST

Govt proposes to sell a part of its holding in LIC via IPO

Government proposes to sell a part of its holding in LIC by initial public offer.

12:53 PM IST

Hosue finance corporations

Mechanism will be made to address liquidity constraints of NBFCs and Hosue finance corporations. Govt to offer support by guaranteeing securities floated to provide liquidity for NBFCs

12:48 PM IST

Depositors money is safe, robust mechanism in place

Depositors money is safe, robust mechanism in place, depositor’s insurance raised from 1 lakh to 5 lakh, amendments in pension funds, amendment to regulation act, scheme to provide subordinate debt for MSMEs

12:42 PM IST

Government committed to supporting new UTs of J&K and Ladakh

Government is fully committed to supporting new UTs of J&K and Ladakh; Allocation of Rs 30,757 crores for 2020-21 for Jammu and Kashmir and Rs 5,958 crores for Ladakh

12:38 PM IST

Taxpayers are free from tax harassment

We wish to enshrine in the statutes a taxpayer charter through this Budget. Our govt remains committed to taking measures to ensure that our taxpayers are free from tax harassment of any kind.

12:33 PM IST

Clean air in India

Clean air is a matter of concern in large cities, propose to encourage states to formulate and implement plans to ensure clean air. Allocation for this purpose is Rs 4,400 crores.

12:31 PM IST

Ministry of Culture

Indian Institute of Heritage and Culture to be established under the Ministry of Culture.

12:30 PM IST

Tourism sector

I propose to provide Rs 2500 crores for promotion of tourism in the year 2020-21

12:29 PM IST

Rs 22,000 crores to power and renewable energy

I propose to provide Rs 22,000 crores to power and renewable energy sector in 2020-21:FM

12:28 PM IST

5 archaeological sites to be developed

5 archaeological sites to be developed as iconic sites with on-site museums -Rakhigarhi, Hastinapur, Shivsagar, Dholavira and Adichanallur

12:27 AM IST

Asian, African students to study in India

IND-SAT exam to provide scholarship to Asian, African students to study in India

12:26 PM IST

Gram panchayats to be connected to optical fibre programme

One lakh gram panchayats will be connected to the optical fibre programme: FM

12:25 PM IST

Rs 85,000 Cr for SC and OBCs


FM proposes budget provision of Rs 85,000 crore in 2020-21 for welfare of SC and other backward classes

12:21 PM IST

Rs 9,500 crores for senior citizen and OBC

Enhance allocation of Rs 9500 crores for senior citizen and OBC

12:20 PM IST

Anganwadi workers equipped with smartphones

Over 6 lakh Anganwadi workers are equipped with smartphones to upload nutritional status of more than 10 crore households

12:19 PM IST

Beti bachao, beti padhao

'Beti bachao, beti padhao' has yielded tremendous results, gross enrolment ratio of girls across all levels of education now higher than boys.

12:18 PM IST

100 more airports under Udaan scheme

100 more airports to be developed by 2024 to support Udaan scheme

12:17 PM IST

Data Centre Parks in the country

To soon bring out a policy to enable private sector to build Data Centre Parks in the country

12:17 PM IST

Rs 1.7 lakh crores for transport infrastructure

I propose to provide Rs 1.7 lakh crores for transport infrastructure in 2020-21: FM

12:16 PM IST

More Tejas type trains will connect iconic destinations

Setting up large solar panel capacity alongside the railway tracks on land owned by railways, a proposal is under consideration. More Tejas type trains will connect iconic destinations.

12:15 PM IST

Delhi-Mumbai Expressway


The Delhi-Mumbai Expressway will be completed by 2022

12:15 PM IST

Development for industry and commence

I propose to provide Rs 27300 crore for development for industry and commence for year 2020-21

12:15 PM IST

Education policy


Centre to announce new education policy soon. A degree-level full-fledged online education programme to be offered by institutes in top 100 in National Institutional Ranking Framework.

12:14 PM IST

Entrepreneurship is the strength of India


Entrepreneurship is the strength of India. I propose to set up an investment clearance cell that will provided end to end facilitation and support including pre-investment advisory, info on land banks and facilitate clearance at state level

12:14 PM IST

Ayushman Bharat scheme


Viability gap funding window to be set up to cover hospitals, with priority given to aspirational districts that don't have hospitals empanelled under Ayushman Bharat scheme.

12:14 PM IST

Education sectors

We propose Rs 99300 crores for the education sector in 2020-21 and Rs 3000 crores for skill development.

12:12 PM IST

Medical colleges in district hospitals

There is a shortage of qualified medical doctors both general practitioners and specialists.It is proposed to attach a medical college to a district hospital in PPP mode; details of the scheme to be worked out soon

11:48 AM IST

Union Budget: Sagar Mitras

Youth and fishery extension work to be enabled by rural youth as 'Sagar Mitras', forming 500 fish farmer producing organizations.

11:48 AM IST

Swachh Bharat Mission

FM Nirmala Sitharaman: Allocation of Rs 12,300 crores for Swachh Bharat Mission for year 2020-21.

11:47 AM IST

Focus on safe water and good sanitation


A very focused safe water 'Jal Jeevan Mission' and sanitation programme 'Swachh Bharat Yojna' have been launched to tackle health concerns: FM 

11:44 AM IST

Comprehensive measures for 100 water-stressed districts

Comprehensive measures for 100 water-stressed districts being proposed in this budget; agricultural credit target has been set at Rs 15 lakh crore.

 

11:43 AM IST

My Budget 2020

FM Nirmala Sitharaman: My Budget 2020 is woven around three themes- aspirational India to boost the standard of living; economic development for all; and building a humane and compassionate society

11:42 AM IST

FM Nirmala Sitharaman: Dhaanya Lakshmi

Village Storage Scheme run by Self Help Groups, will provide holding capacity for farmers, women in villages can regain their status as 'Dhaanya Lakshmi'

11:41 AM IST

Union Budget 2020

For sector comprising agriculture, allied activities, irrigation and rural development, an allocation of Rs 2.83 lakh crores has been made for 2020-21

11:34 AM IST

Union Budget 2020-21: Kisan Rail

To build a seamless national cold supply chain for perishables, Indian Railways will set up Kisan Rail through PPP model so that perishable goods can be transported quickly. Krishi Udaan will be launched by MoCA on international and national routes.

11:33 AM IST

Pradhan Mantri Kisan Urja Suraksha avem Utthan Mahabhiyan

Pradhan Mantri Kisan Urja Suraksha avem Utthan Mahabhiyan (PM KUSUM) to be expanded to provide 20 lakh farmers in setting up standalone solar pumps

11:30 AM IST

FM Nirmala Sitharaman Budget 2020


Budget 2020 is to boost the income of people and enhance their purchasing power

11:29 AM IST

FM Nirmala Sitharaman: Budget 2020


Our government is proposing comprehensive measures for 100 water-stressed districts in the country.

11:28 AM IST

Finance minister Nirmala Sitharaman

Union Budget 2020 this time is about aspirational India, #economic development for all, caring society

11:25 AM IST

Our government is committed to doubling farmers income by 2022


We have provided for 11 crore farmers through PM Kisan Beema Yojana.  Provision of annual assistance to the farmer is made sure through PM Kisan yojana. Agricultural markets needs to be opened and liberalised. Fisheries, animal husbandry and dairy needs to be provided for: Finance minister Nirmala Sitharaman.

11:24 AM IST

FM Nirmala Sitharaman recites a verse in Kashmiri


 "Our country like a Shalimar garden, like lotus in Dal lake, the best country in the world," she reads out the translation of the verse. 

11:22 AM IST

FM Nirmala Sitharaman during her Budget speech


Efforts we have made in the last five years and the enthusiasm and energy of our youth are the ignition of our growth. 

11:19 AM IST

FM Nirmala Sitharaman on Central government's debt


Central government's debt has come down to 48.7% in March 2019 from 52.2% in March 2014

11:15 AM IST

FM Nirmala Sitharaman on GST


GST has resulted in efficiency gains in the transport and logistics sector, inspector raj has vanished, it has benefitted Micro, Small & Medium Enterprises(MSME). Consumers have got an annual benefit of 1 lakh crore rupees by GST, said Nirmala Sitharaman

11:14 AM IST

FM reiterates Modi govt's Sabka Saath, Sabka Vikas, Sabka Vishwas doctrine


Guided by Sabka Saath, Sabka Vikas, Sabka Vishwas, our govt scaled up the implementation of schemes that directly benefited the poor and disadvantaged: FM

11:13 AM IST

FM says 16 lakh new taxpayers added


FM gives stress to the changes in structural and fundamental reforms, while revealing that there are 16 lakh new taxpayers being added

11:10 AM IST

FM pays homage to former FM Arun Jaitley


During her budget presentation, FM recalled the contributions of Arun Jaitley and his vision for a developed India. 

11:09 AM IST

FM Nirmala Sitharaman's Budget speech


 Our people should be gainfully employed, our businesses should be healthy; for all minorities, women and people from SCs and STs, this Budget aims to fulfill their aspirations

11:07 AM IST

Union Budget 2020-21


FM Nirmala Sitharaman's Budget speech: With renewed vigour, under PM's leadership, we commit ourselves to present the people of India with all humility and dedication. People have reposed faith in our economic policy.

11:06 AM IST

FM thanks citizens for giving massive mandate in 2019


Nirmala Sitharaman recalls Modi govt getting massive mandate in May 2019. She adds they are committed to serve the people of this country. 

11:02 AM IST

FM Nirmala Sitharaman presents Union Budget

FM Nirmala Sitharaman presents Union Budget 2020-21

11:01 AM IST

Nirmala Sitharaman to present the Union Budget shortly

BJP MPs Hema Malini, Ravi Kishan and Sunny Deol arrive in Parliament.

10:53 AM IST

Union Cabinet approves Budget 2020


Finance minister Nirmala Sitharaman to present the budget in Lok Sabha shortly

10:36 AM IST

Nirmala Sitharaman's family including her daughter arrive in Parliament


Finance minister Nirmala Sitharaman's family including her daughter Parakala Vangmayi arrive in Parliament 

10:34 AM IST

Home minister Amit Shah arrives at Parliament

Home minister Amit Shah arrives at the Parliament, ahead of the presentation of Union Budget

10:34 AM IST

PM Modi arrives at Parliament

Prime Minister Narendra Modi arrives at the Parliament, ahead of presentation of Union Budget 2020-21. 

10:33 AM IST

The printed copies of the Union Budget being checked by a sniffer dog

The printed copies of the Union Budget being checked by a sniffer dog as part of a security check ahead of the presentation of Budget at 11 am

10:10 AM IST

Presentation of Union Budget 2020-21 at 11 am

Finance minister Nirmala Sitharaman and MoS Finance Anurag Thakur arrive at the Parliament to attend Cabinet meeting; Presentation of Union Budget 2020-21 at 11 am

10:03 AM IST

FM Nirmala Sitharaman meets President Ram Nath Kovind


As part of the customary meet, FM Nirmala Sitharaman met President Ram Nath Kovind with the Budget 

9:49 AM IST

Budget to ease the pockets of the middle class


In order to prod the middle class to spend more and incrase the demand, budget is expected to offer income tax reliefs and allso sops for affordable houses

9:42 AM IST

Though required financial injections given, economy continues to be bad


With a view to giving an impetus, corporate tax cuts were given. There were higher FDI inflows as well. But economy continues to be bad. 

9:23 AM IST

Finance minister Nirmala Sitharaman and team meet President Ram Nath Kovind


Ahead of budget presentation, FM Nirmala Sitharaman and her team meet President Ram Nath Kovind 

9:22 AM IST

Former finance minister Arun Jaitley changed the tradition of presenting the budget. Here is the detail.


Till 2016, the Union Budget was presented on the last working day of February. Former finance minister Arun Jaitley had changed the tradition in 2017 when the Union Budget was presented on February 1.

9:21 AM IST

FM Nirmala Sitharaman to begin her budget speech at 11 am


The Budget speech will begin at around 11 am today with Sitharaman beginning it with an address to the speaker of Lok Sabha. Usually, the duration of the presentation ranges from 90 to 120 minutes.

9:16 AM IST

Cabinet meeting to be held at 10:15 am today in the Parliament House


Ahead of the presentation of Union Budget 2020-21, cabinet meeting to be held at 10:15 am today in the Parliament House

9:10 AM IST

Finance minister Nirmala Sitharaman with 'Bahi-Khata'

Finance minister Nirmala Sitharaman with 'Bahi-Khata' ahead of presentation of Union Budget 2020-21

8:51 AM IST

FM Sitharaman arrives at ministry of finance

Finance minister Nirmala Sitharaman arrives at ministry of finance. She will be presenting the budget shortly.  

Catch all the latest updates in the upcoming Union Budget 2020. Finance minister Nirlama Sitharaman will be presenting the Budget in the Parliament for the second time on Asianet Newsable.