Budget 2025 expectations highlights: Income tax changes, new sectoral policies
Budget 2025 expectations highlights: The Union Budget 2025, which will be the second full budget of Modi 3.0, is expected to be presented by Finance Minister Nirmala Sitharaman in Parliament at 11 am on Saturday, February 1, 2025, marking her eighth consecutive presentation of a Union Budget. This also makes her the first Finance Minister to present eight union budgets in a row. The previous record was held by Morarji Desai who presented six consecutive budgets....Read More
The Budget 2025 is expected to have an increased focus on the agriculture sector with some tax reforms potentially taking place, such as the old tax regime getting phased out and introduction of zero income tax for those earning less than ₹10 lakh per annum.
Balancing between fiscal consolidation and economic growth will be another prominent theme due to rising inflation figures.
This blog details the Indian industry's expectations from the new budget.
