Union Budget 2021: How The New Budget Impacts Day-To-Day Life Here are 5 major changes that will impact your regular life Mohsin Javed/Outlook Outlook Web Bureau 2021-02-01T15:40:51+05:30 Union Budget 2021: How The New Budget Impacts Day-To-Day Life outlookindia.com 2021-02-01T18:03:27+05:30 Finance minister Nirmala Sitharaman on Monday presented the Union Budget 2021-22 in Parliament. The unique paperless budget, the first in the history will impact the daily lives of Indians as it witnesses several reforms in major segments, from health to infrastructure. Here are 5 major changes that will impact your regular life: Gold/Silver Prices To Slip The government announced cut in import duty on gold and silver, a move that will help bring down prices of these precious metals in the domestic market and boost exports of gems and jewellery.