Budget 2025 LIVE: Finance Minister Nirmala Sitharaman, who introduced the traditional ‘bahi khata’ in 2019, will present her eighth consecutive Union Budget in a paperless form today, marking a significant milestone in her financial tenure.
Union Budget 2025 Overview
The Union Budget 2025 comes under the aegis of Prime Minister Narendra Modi’s third term and generates considerable anticipation. Hanging in the balance are crucial policies that could shape the economic landscape in the coming fiscal year.
Income Tax Updates: Investors and taxpayers are eagerly awaiting updates on income tax, including potential changes to tax slabs and deductions designed to alleviate the burden on the middle class amid rising inflation.
Budget 2025 Key Points
- Budget Timing: Finance Minister Sitharaman is set to present the budget for the financial year 2025-26 starting at 11 am today.
- Eight Consecutive Budgets: Sitharaman will be the first finance minister to present the budget eight times in a row. However, she does not hold the record for the most budgets presented.
- Two-Phase Budget Session: The Budget Session of 2025 in Parliament began on January 31 and will span two phases. The first concludes on February 13, with the second phase resuming on March 10 and ending on April 4.
Stock Market Reactions
The stock market opened flat on Saturday ahead of the budget presentation. Investors hope for measures that will boost consumption and address economic slowdowns driven by high inflation and stagnant wage growth.
The Nifty 50 was up 0.13% at 23,541.3 points, while the BSE Sensex increased 0.18% to 77,637.01.
Follow all the updates here:
Feb 1, 2025 9:23 AM IST
Budget 2025 LIVE: Stock market opens flat ahead of Budget 2025
Stock market indices, including the Sensex and Nifty, opened slightly unchanged in a special session dedicated to the union budget, reflecting investor anticipation of consumption-boosting measures.
The Nifty 50 saw a 0.13% rise, reaching 23,541.3 points, while the BSE Sensex climbed 0.18% to 77,637.01. The debt and forex markets remained closed.
(via Reuters)
Feb 1, 2025 9:14 AM IST
Budget 2025 LIVE: FM Sitharaman shows tablet containing budget doc
Union Finance Minister Nirmala Sitharaman displayed the tablet containing the budget documents before departing for Parliament from the Finance Ministry.
Feb 1, 2025 9:13 AM IST
Budget 2025 LIVE: PM Modi, President Murmu hint relief for middle class?
Prime Minister Narendra Modi and President Droupadi Murmu’s recent addresses to Parliament raised the expectation of several measures aimed at the middle class in Union Budget 2025.
PM Modi prayed to Goddess Lakshmi for the well-being of the poor and middle-class sections of the country.
President Murmu noted the government’s commitment to enabling middle-class individuals to own residential properties through interest subsidies on home loans.
Feb 1, 2025 9:05 AM IST
Budget 2025 LIVE: Budget presentation date history
The date for the budget presentation was adjusted in 2017
