Union Budget 2025: Key Highlights and Reforms
The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, emphasizes inclusive development under the theme “Sabka Vikas,” aiming for balanced growth across all regions. The budget identifies four key drivers of development: Agriculture, Micro, Small, and Medium Enterprises (MSMEs), Investment, and Exports. Income Tax Reforms: Agriculture Initiatives: MSME Support:
Budget 2025 – New Tax Regime Boosts Savings, Cuts Compliance
Finance Minister Nirmala Sitharaman’s Budget 2025 introduces a revamped income tax regime, offering significant relief to middle-income earners. Under the revised structure, annual income up to ₹12 lakh is now tax-free, with an effective exemption of ₹12.75 lakh for salaried individuals, factoring in the ₹75,000 standard deduction. The new tax
Budget 2025: Will Income Tax Slabs and Deductions Change?
As Finance Minister Nirmala Sitharaman gears up to present her second full-fledged budget under the Modi 3.0 regime on February 1, taxpayers are eagerly awaiting significant reforms in personal taxation. Amid economic challenges, expectations are high for a revamped Direct Tax Code 2025, aimed at simplifying tax rates, eliminating outdated
Nirmala Sitharaman to Present 8th Consecutive Union Budget
Finance Minister Nirmala Sitharaman will present the first full Union Budget of PM Narendra Modi’s third term today, marking her record 8th consecutive Budget. The Budget comes amid global uncertainties, including slowing economic growth, US President Donald Trump’s tariff threats, and AI advancements reshaping industries. Tax relief for the middle
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