Budget 2020: Anand Mahindra said that since our growth forecast pegs India's growth rate at 5 per cent, India will fall behind China again

Days after presenting the Union Budget 2019, Finance Minister Nirmala Sitharaman addressed the parliament on Wednesday

Union Budget 2019: Once this proposal will get green light in the Parliament, individuals will be able to use Aadhaar cards instead of PAN cards to conduct financial transactions, for instance, mutual fund investments, buying gold, and others.

Union Budget 2019: With an aim to promote the usage of electric vehicles, a taxpayer will now get an additional tax deduction of Rs 1.5 lakh under section 80EEB on the interest he or she pays on a loan taken to purchase an electric vehicle, provided the loan must be sanctioned between 1st April 2019 to 31st March 2023 and the taxpayer does not own any other electric vehicle on the date of sanction of loan.

In order to incentivise and give thrust to electric vehicles sector, customs duty on specified parts required for the manufacture of EVs has been brought down to nil.