NEW DELHI: Finance Minister Nirmala Sitharaman presented the first budget of Modi

2.0 government in today. In February's interim budget, the then acting finance
minister Piyush Goyal had provided several income tax sops to the middle-class and
introduced zero tax liability for those in the ?5 lakh income bracket. The interim
budget had also increased standard deduction to ?50,000 from ?40,000 for the
salaried class.

Nirmala Sitharaman is the second finance minister after Indira Gandhi, to present
the budget today.

Live Updates on Nirmala Sitharaman's Union Budget speech:

2:05 pm: Markets slip nearly 1% , investors snub few Union Budget announcements