Budget session: Union Finance Minister Nirmala Sitharaman is set to present Union Budget 2025 on February 1
The first part of the Budget session will continue till February 13 and the two Houses will again meet on March 10 after recess with the session concluding on April 4
The Union Budget 2025 will be presented in the Parliament by Finance Minister Nirmala Sitharaman in a 'red bahikhata' on Saturday, 1st February
Finance Minister Nirmala Sitharaman, set to make history with her eighth consecutive Union Budget, has worked tirelessly with key officials, including Finance Secretary Tuhin Kanta Pandey, to prepare a budget of over Rs 50 lakh crore for FY26. The Budget will have to address several challenges, including decelerating economic growth, falling value of Rupee against the US dollar and moderation in consumption demand. The economic growth is estimated to slow to a 4-year low of 6.4 per cent in FY25. This is the lowest growth since the outbreak of the COVID pandemic which hit the world in 2019. Sitharaman, who had steered the Indian economy through many difficult phases, including once-in-a-century pandemic, is again confronted with economic deceleration, moderation in consumption, stagnant private investment, and an uncertain geopolitical situation. On account of various factors, the rupee plunged to an all-time low of 86.7 per US dollar earlier this month. The team, assisting the Fin
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Why media and policy circles are abuzz with expectations of big announcements on Saturday
Export Promotion Council for EOUs and SEZs (EPCES) also sought long-pending demand for some changes in the special economic zone (SEZ) law through the finance bill
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Union Budget 2025: Both NSE and BSE have announced that they will remain open to trade on the budget day, which falls on a Saturday this year
Expressing concerns over muted demand in the economy, companies have called for a review of the direct tax structure
2025 will see the fewest Assembly polls in any year during the current five-year term, therefore the Budget will be presented in a more favourable political context for the government
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Speculation is rife that the government may raise exemption limit significantly, with some experts suggesting a new threshold of Rs 10 lakh to alleviate the tax burden on senior citizens
Except for the economic affairs secretary and chief economic adviser, Sitharaman will have a new team of bureaucrats who will help her chart the strategy for the upcoming budget
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Union Budget 2025: With Finance Minister Nirmala Sitharaman set to present Budget 2025, the telecommunication industry expects measures directed towards rising internet penetration in rural India
Karnataka Deputy Chief Minister D K Shivakumar has written to Union Finance Minister Nirmala Sitharaman, requesting the inclusion of more infrastructural projects in Bengaluru in the upcoming Union Budget 2025-26 to reflect its status as the 'Silicon Valley of India'. The letter dated January 23 emphasised that, as a Member of Parliament representing Karnataka, Sitharaman must be aware that Bengaluru, with nearly 1.5 crore residents, urgently requires major infrastructure projects to sustain its growth and maintain its status as a leading technological hub. In his letter, Shivakumar highlighted key infrastructure projects for Bengaluru proposed by the state government that require financial assistance from the Centre. According to him, one of the crucial projects for the city is an underground vehicular tunnel. He mentioned that the East-to-West corridor, spanning 28.5 km from K R Puram Circle to Nayandahalli Junction on Mysore Road and estimated to cost approximately Rs 25,000 cro
Finance Minister Nirmala Sitharaman on Friday participated in a traditional halwa' ceremony, marking the final stage for the preparation of Union Budget 2025-26 to be unveiled on February 1 in the Lok Sabha. The ceremony is a customary ritual in which traditional dessert halwa' is prepared and served to officials and staff members of the finance ministry who are involved in the preparation of the budget. It is organised in the basement of North Block, which houses the ministry in the national capital and is attended by the finance minister and other high-ranking officials. According to sources, the Finance Minister participated in the ceremony and also took a round of the Budget Press and reviewed the preparations besides extending her best wishes to the officials concerned. Sitharaman is going to present Budget 2025-26, the eighth straight budget in a row, on the backdrop of GDP growth moderating to 6.4 per cent in the financial year as against 8.2 per cent recorded in the previou
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The Central Secretariat's North Block will host the Halwa ceremony today, Jan 24. This marks the conclusion of the Union Budget preparation process and will be presided over by FM Nirmala Sitharaman