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Union Budget 2025 Highlights: Nirmala Sitharaman will introduce IT bill next week, PM Modi congratulates FM

Budget 2025 LIVE updates: Abhishek Jain, Indirect Tax Head & Partner of KPMG, highlighted that the adjustments announced to customs duties in India are set to foster expansion and development in the nation.

The article from LiveMint discusses expectations and updates regarding the Union Budget 2025, which is anticipated to be presented by Finance Minister Nirmala Sitharaman. Key points include expectations from various sectors like salaried employees who are hopeful for changes in income tax slabs and exemptions. There's a focus on economic recovery post-COVID, with demands for increased capital expenditure, infrastructure development, and support for sectors like healthcare, education, and agriculture. Additionally, there are expectations for policy measures to boost employment, encourage private investment, and possibly introduce new welfare schemes. The article also touches on the political context, given that this budget will be one of the last before the general elections, influencing its potential direction towards populist measures or fiscal consolidation. The date and time for the budget presentation are also mentioned, with live updates on reactions and analyses from experts and stakeholders.

Read the Full Mint Article at:
https://www.livemint.com/economy/budget-2025-expectations-live-updates-nirmala-sitharaman-income-tax-salaried-employees-union-budget-date-time-31-jan-11738287183328.html


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