Union Budget 2019-20: 3% increase in Income tax for those earning Rs 2-5 cr, 7% for income above 5 cr

Finance Minister Nirmala Sitharaman presented her maiden Union Budget 2019-20 in Lok Sabha, as part of Prime Minister Narendra Modi’s second term on Friday. Sitharaman began her speech at 11 am. India.com is giving live updates on the Budget for the financial year 2019-20. Stay tuned to us for the fastest updates on new schemes, new income tax slab, tax rates and exemption limits announced in the Union Budget 2019.