Taxmen were told that both the GST and Rs 13.35 lakh crore target for direct taxes for 2019-20 will have to be achieved.

The main objective of the reduction in corporate tax was aimed at attracting fresh investment in the manufacturing sector.

I would say that this is the time where we need to focus on implementing structural reforms, said CEA K V Subramanian.

To a question about GST reduction, FM said she was willing to hear everybody, "but it is not in my hands as it has to go to the GST council.

Budget 2019 proposes to make return filing compulsory for persons, who have deposited more than Rs 1 cr in a current account in a year.