The new tax regime eliminates income tax for individuals earning up to ₹12 lakh, providing relief to the middle class.
The budget addresses nine priority areas, including agriculture, employment, energy, infrastructure etc.
To remove double taxation for NRIs, the government proposed new rules.
The finance minister announced a new healthcare scheme, PM Atma Nirbhar Swasthya Bharat Yojana to develop primary, secondary and tertiary healthcare.
The finance minister said that this year’s Budget centred three ideas.