Finance Minister Piyush Goyal is presenting the Interim Budget 2019-20 in Parliament. The Budget 2019 will be the last one presented by Narendra Modi led NDA government before the General Elections due in May. This could be one last attempt of the Modi-led government to pursue voters. The presentation has already started. Catch the live streaming of the Union Budget 2019 on India Today
The Indian middle class is expecting changes to the existing income tax slabs. Meanwhile, for start-ups and the corporates, the government could slash angel tax and corporate tax. The Union Budget 2019 is expected to be a populist one and the government is expected to take measures to tackle agrarian distress. The Budget 2019 is expected to be led by economic issues. The Budget Session will continue till February 13, 2019 in which Lok Sabha and the Rajya Sabha will have total 10 sittings and the Question Hour will be held from February 4 to 8 and on February 8, discussion on private member's bill will take place.
Along with union budget, FM Piyush Goyal will also be announcing the Railway Budget. Earlier in 2016, Modi government put an end to the 92-year-old practice of presenting Railway and Union Budget separately and approved the merger of both the Budgets. Modi government is announcing the interim Budget 2019 because the government does not have enough time to present the complete Union Budget.