Finance Minister Sitharaman announced a surcharge on individuals having taxable income of Rs 2 crore to Rs 5 crore and for those above Rs 5 crore which will hike their effective tax rate by 3 percent and 7 percent respectively.

India Budget 2019: The budget speech emphasised on providing a massive push to all kinds of physical connectivity by taking forward programmes across various key sub-sectors such as roads, rail, inland waterways and air connectivity.

India Budget 2019-20: Presenting the first Budget of the Modi government in its second term, Finance Minister Nirmala Sitharaman said the government also proposes to expand Swachh Bharat to include solid waste management in every village.

Equating the Budget with cricket, Paswan said it was "a sixer" and the opposition would not be able "to find the ball" until the Lok Sabha elections.

The Budget will seek Parliament's nod for spending for four months till a new government is sworn-in.