Overall, the Budget focuses on providing significant benefits to the middle class by reducing the tax rates and thereby increasing the take home pay for individuals. It is clear that the Budget is aiming to further promote adoption of the new regime.

The cut on import duty cut in motorcycles come at a time when Donald Trump is back the president of the United States. A few years back, Trump had criticized India for higher tariffs, with duty on Harley-Davidson motorcycles as a reference point.

Prime Minister Narendra Modi met Finance Minister Nirmala Sitharaman after her Union Budget speech on Saturday and praised her. In a video, PM Modi can be seen walking up to the Finance Minister's seat in Lok Sabha and greeting her.

As Nirmala Sitharaman reciprocated the gestures of her party members, Prime Minister Modi was seen rising from his seat and walking towards her.