By: Oneindia Video Team
Published : February 01, 2018, 09:23

Union Budget 2018 : Demonetisation was received by honest taxpayers as 'Imaandari ka Utsav'

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While presenting the Union Budget 2018 in the Parliament on Thursday, Union Finance Minister Arun Jaitley hailed the demonetisation move and stated that it was received by honest tax-payers as 'Imaandari ka Utsav'. Jaitley said tax payer base has risen from 6.47 crore in 2014-15 to 8.27 crore in 2016-17. The budget will be Narendra Modi government's last full budget before 2019 Lok Sabha elections. In Budget 2018-19, the government has pegged fiscal deficit at 3.3 per cent of GDP for the fiscal year starting April 1, 2018. Though the fiscal deficit target is higher than the 3 per cent as projected earlier in the fiscal consolidation roadmap, markets had expected the government to go for a higher fiscal deficit target. Watch this video to know more.

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