Budget 2018: BAD NEWS FOR MIDDLE CLASS, No changes in Income Tax slabs

Budget 2018: BAD NEWS FOR MIDDLE CLASS, No changes in Income Tax slabs

Prime Minister Narendra Modi government in the Centre on Thursday presented its last full Union Budget 2018-19 in the Parliament. Finance Minister Arun Jaitley presented the same in the at 11 am. With this budget, Arun Jaitley has joined an elite group of finance ministers who have had the opportunity to present the Union Budget over five times. Yashwant Sinha, P. Chidambaram, and Pranab Mukherjee have all presented the budget five or more times in the Parliament.

Budget 2018 LIVE UPDATES:


Fiscal deficit estimate for 2017-18 raised to 3.5 pc of GDP as against 3.2 pc earlier; for FY19 deficit pegged at 3.3 pc as against 3 pc target: FM

Custom duty on mobile phones increased to 20% from 15%: FM Arun Jaitley

For senior citizens, exemption of interest income on bank deposits raised to Rs 50,000: Arun Jaitley

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