In Union Budget 2020, Finance Minister Nirmala Sitharaman announced record spending in agriculture and infrastructure sectors, slashed income tax for individuals and abolished DDT.
Budget 2020: Congress said the address is silent on the swindling investment in the country and rising number of stalled projects as the government is “cluelessâ€.
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.