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Budget 2025 Expectations Live Updates: FM Sitharaman to bring income tax cheer for salaried taxpayers? GDP growth, record capex in focus

The article from The Times of India discusses expectations and reactions to the upcoming Union Budget 2025, set to be presented on July 23, 2024. Key points include expectations from various sectors like income tax, railways, defense, and real estate. There is a strong anticipation for changes in income tax slabs to provide relief to salaried employees, with hopes for an increase in the standard deduction and adjustments to tax brackets. The stock market is also closely watching for any announcements that could influence market trends, particularly in sectors like infrastructure and defense, where increased allocations are expected. Real estate stakeholders are looking forward to policy measures that could boost housing demand, such as tax incentives for homebuyers. Additionally, there's a focus on how the budget might address economic growth, employment, and fiscal deficit, with live updates providing insights into expert analyses and public reactions as the budget date approaches.

Read the Full Indiatimes Article at:
[ https://timesofindia.indiatimes.com/business/india-business/budget-2025-expectations-live-updates-date-income-tax-slab-salaried-employees-stock-market-railways-defence-real-estate/liveblog/117617528.cms ]