indiabudget.gov.in Union Budget: The much-anticipated Union Budget 2025 is expected to bring significant changes, with high hopes for tax cuts aimed at easing the burden on the middle class. Finance Minister Nirmala Sitharaman will present her record-breaking eighth consecutive budget, and the government’s focus is expected to be on boosting consumption and providing fiscal relief amid geopolitical challenges and slowing economic growth.
Check Union Budget Live Updates
Date and Time for the Union Budget 2025
The Union Budget for the fiscal year 2025-26 will be presented by Finance Minister Nirmala Sitharaman on February 1, 2025, at 11:00 AM. This budget session is crucial, as it will determine key economic and fiscal policies for the upcoming year, influencing everything from tax rates to government spending.
What to Expect from Budget 2025
As the government strives to support a slowing economy, key areas of focus include tax relief for middle-income groups, steps to enhance consumption, and measures to tackle inflation. Prime Minister Narendra Modi’s recent remarks about supporting the poor and middle class have fueled expectations of some income tax reforms, especially for the lower-middle class, who have been struggling with high prices and stagnant wage growth. Analysts predict possible changes in income tax slabs, reductions in customs duties, and an emphasis on domestic manufacturing.
The budget is also expected to focus on boosting investments in key sectors, such as agriculture, infrastructure, and employment generation. Analysts are looking for a higher allocation for capital expenditure, a focus on skill development, and improved export incentives. Additionally, a commitment to fiscal consolidation, with the fiscal deficit expected to narrow to 4.5% of GDP by FY26, is anticipated.
Income Tax Slab Rates for FY 2025-26 Live Updates
Where to Watch the Budget 2025 Live – indiabudget.gov.in
The Union Budget 2025 will be broadcast live on various platforms. You can watch the presentation live on the official government website indiabudget.gov.in, where the full speech and details of the budget proposals will be available. The budget will also be covered extensively on national television channels, such as Doordarshan, and live updates will be available on social media platforms.
Financialexpress.com is also continuously provide live coverage on Union Budget FY 2025-26.