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Finance Minister announces Merger of

The merger of Union Bank of India, with Andhra Bank and Corporation Bank will make the fifth largest public sector bank.

Proposal for new tax regime

There is a proposal to introduce a new tax bracket of 35 per cent for the super-rich who are earning above ₹2 crore each

Finance Minister announces slew of

As the automotive sector has slowed down, the minister said that automotive ancillary units that need stimulus are to be established.

List of items that become

The finance minister announced to withdraw customs duty on electronic items made in India.

Finance Minister to interact with

The finance minister will be holding her first pre-budget consultation meeting with farm bodies and agricultural experts.