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Nirmala Sitharaman fails to deliver complete budget address, quits midway

Nirmala Sitharaman fails to deliver complete budget address, quits midway

| @indiablooms | 01 Feb 2020, 08:55 am

New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Saturday quit her budget address midway after getting chocked in Lok Sabha on Saturday.

In an unprecedented scene, Sitharaman failed to complete her budget address and could not read the last few pages.

Consequently, Lok Sabha Speaker Om Birla adjourned the lower house till Monday.

In one of the major highlights of the budget, Sitharaman introduced a major cut in the individual tax regime.

As per the new regime, 0 per cent tax will be charged on income upto Rs. 5 lakhs; 10 per cent on Rs. 5-7.5 lakhs; 15 per cent on Rs. 7.5-10 lakhs; 20 per cent on Rs. 10-12.5 lakhs; 25 per cent on Rs. 12.5-15 lakhs and 30 per cent on above Rs. 15 lakhs.

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