Subscribe

0

Budget 2020

Union Budget 2020: Average Household Now Saves 4 Per Cent In Monthly Expense After Rollout Of GST: Sitharaman

Mobile phone and component manufacturers expect export incentives and lower GST on mobile parts. At the same time, analysts expect import duties on certain components to go up even more.

author-image
Victor Dasgupta
Updated On
New Update
PM Modi

Union Budget 2020: What Household Sector Can Expect From Modi Government This Year( Photo Credit : File Image)

A simplified return format for GST is being introduced from April 2020, Finance Minister Nirmala Sitharaman said on Saturday. In her second Budget presentation, the finance minister said GST has resulted in gains of Rs 1 lakh crore to consumers and removed inspector raj and also helped the transport sector. "Average household now saves 4 per cent in monthly expense after the rollout of GST," Sitharaman said, and added that the Budget for 2020-21 aims to fulfil aspirations of people.

Advertisment

HERE ARE THE HIGHLIGHTS: 

pm modi Amit Shah Nirmala Sitharaman Finance Minister Union Budget 2020