Sitharaman said that the government keeps 'Antodaya' (development of all) at the centre of all its programmes.
Sitharaman announced that a woman in every SHG will be made eligible for loan upto Rs 1 lakh under the government's Mudra scheme.
A large number of imported items like books, plastic items and imported auto parts are set to be costlier.
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman made her maiden Budget Speech and presented it in Lok Sabha.
The Budget proposes to move to electronic invoice system wherein invoice details will be captured in central system at the time of issuance.
The government would start raising a part of its gross borrowing programme in external markets, said Nirmala Sitharaman.
Receipts from the telecom sector mainly relate to the licence fees from operators and spectrum usage charges.
The relief proposed under scheme varies from 40 pc to 70 pc of the tax dues for cases other than voluntary disclosure cases.
The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.
Corporation tax is the single largest source of income, contributing 21 paise to each rupee earned.