Budget marks directional change for Indian economy: Sitharaman

Union Finance Minister Nirmala Sitharaman on February 25 said this year’s Budget has negated the notion that welfare state is a socialist prerogative, and added that it has given a directional change to the Indian economy, wherein the government trusts wealth creators and citizens. She lauded the reform of faceless assessment for direct and indirect taxes, saying that tax terrorism will be a thing of the past, but also warned that “technology terrorism” will now gain ground.