At the Budget 2019, Finance Minister Nirmala Sitharaman has made a number of announcements that will be benefiting the technology and auto sectors in India. Take a look at all the key announcements here:
1A push for cashless payments
The Narendra Modi led government has been pushing cashless payments since its first term. After demonetization, the government had launched its BHIM app and made efforts to make sure that digital payments see a surge. At the Budget 2019, Finance Minister Nirmala Sitharaman has announced that the government has decided to remove MDR changes on cashless payments. In addition to this, no charges will be levied on customers who opt for cashless payments.