April 24, 2024 06:57 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Renowned dancer and ex-professor at Chennai academy arrested on sexual harassment charges | 'Has anyone robbed your mangalsutra during Congress rule?' Priyanka Gandhi counters PM's charge | 'Can explain manifesto to PM Modi': Mallikarjun Kharge on Muslim League remark | 'They want to break country': PM Modi's jibe over Goa Congress leader's constitution remarks | Under construction Telangana bridge collapses as high wind gushes through the area
Nirmala Sitharaman fails to deliver complete budget address, quits midway

Nirmala Sitharaman fails to deliver complete budget address, quits midway

India Blooms News Service | @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.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.