Breaking News: 'Government has provided a major tax relief in this budget' | Budget 2025

Budget 2025 Expectations LIVE: Union Budget 2025, the second full budget of the Modi 3.0 government, is set to be presented in Parliament by Finance Minister Nirmala Sitharaman on Saturday, February 1, 2025, at 11 AM. This will be her eighth consecutive Union Budget presentation, making her the first finance minister to reach this milestone. The previous record was held by Morarji Desai, who presented six consecutive budgets.

The agriculture sector is anticipated to be a key focus of Budget 2025, along with expected tax reforms. There is speculation about the gradual phase-out of the old tax regime and possible income tax exemptions for individuals earning less than ₹10 lakh annually. However, this has yet to be officially confirmed.

Let’s explore the public’s expectations and the government’s available options.