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Union Budget 2018-19 Announcements In Nutshell

Today our Finance Minister Mr. Arun Jaitley presented the last Union Budget for the fiscal year 2018-19

arun jaitley, budget 2018
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Finance Minister Arun Jaitley (C) holds his briefcase during a photo opportunity as he leaves his office to present the federal budget in the parliament in New Delhi. Photo: Reuters.

Sagar Mavani
Today our Finance Minister Mr. Arun Jaitley presented the last Union Budget for the fiscal year 2018-19. This is also the last budget in five years before the upcoming national elections next year.

This budget has a negative impact on the economy and causes distress to farmers. There is a pressure on the Modi Government due to elections in eight states and lok sabha elections coming up next year. Let’s look into the highlights of this 2018 Union budget to understand how Mr. Jaitley balanced all these factors before releasing the Union Budget.

On Fiscal:
  • In 2017-18 the fiscal