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Budget 2025 HIGHLIGHTS: Zero Income Tax till Rs 12 Lakh Income under New Tax Regime, says FM Nirmala Sitharaman

Union Budget 2025 LIVE Updates: Finance Minister Nirmala Sitharaman has presented Union Budget 2025-26 today. This is the first full Budget of Modi government’s third term. The Budget 2025 is expected to balance the aspiration of the middle class for tax cut and needs of the economy to boost growth.

Union Budget 2025 HIGHLIGHTS: Finance Minister Nirmala Sitharaman on Saturday made history by presenting a record eighth consecutive budget. The finance minister said that Indian economy is fastest growing among all developing economies. She further said that Union Budget 2025-26 will continue efforts to accelerate growth and provide inclusive development.

This was the first full Budget of Modi government’s third term. The Budget 2025 is expected to balance the aspiration of the middle class for tax cut and needs of the economy to boost growth.

This is also going to be the eighth consecutive Budget by FM Sitharaman that is expected to contain measures to shore up weakening economic growth and ease the burden on the middle class struggling with high prices and stagnant wage growth while being fiscally prudent. On Friday, FM Sitharaman tabled Economic Survey 2024-25 in both Houses of the Parliament i.e. Rajya Sabha and Lok Sabha.

 

Online Coverage: ET Now 

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