Budget revealed govt's intention to 'aggressively' push privatisation: Railway union

Railways will need Rs 50 lakh crore between 2018 to 2030 to complete the sanctioned projects, Sitharaman said.

Govt duty bound to achieve fiscal deficit of 3 pc as per law: FM

In Budget presented on Friday, government lowered the fiscal deficit target to 3.3 pc of the GDP for 2019-20.

Announcement of streamlining multiple labour laws into 'four labour codes' is a progressive step, said TV Narendran.

Following increase in surcharge, effective income tax rate for individuals with income of Rs 2-5 crore will go up to 39 pc.

Analysts said that now that the much-awaited Budget is over, focus will shift to first quarter earnings starting mid-July.

In a series of tweets, Kumaraswamy criticised the budget and said it is a 'big blow' to the state's economy.

President of US India Strategic and Partnership Forum, Aghi said that policy decisions are encouraging for American companies.

Responding to the budget, Azhagiri said in a statement here that the budget text structuring defied all established conventions.

The government allowed interest on certain bad or doubtful debts to be offered to tax in the year in which the interest is actually received.

Customs duty on marble slabs has been hiked to 40 % up from 20%.