Union Budget 2025 LIVE Updates: Finance Minister Nirmala Sitharaman presented a record 8th consecutive Union Budget on Saturday (February 1, 2025), focusing on four engines: Agriculture, MSME, Investment, and Exports, to drive the goal of Viksit Bharat.
In a relief to taxpayers, Ms. Sitharaman announced that individuals earning up to ₹12 lakh annually will not have to pay any income tax under the new tax regime. Meanwhile, Bihar remained in focus in the presentation of the Union Budget with Finance Minister Nirmala Sitharaman making several announcements for the State, including setting up of a Makhana Board, financial support for the western Kosi canal, and support for enhancing the capacity of IIT Patna.
The fiscal deficit for FY25 has been pegged at 4.8% of GDP and 4.4% for FY26, the Finance Minister said. This budget takes Ms. Sitharaman closer to the record of 10 budgets presented by former Prime Minister Morarji Desai over different periods.
More Stories…
Hyderabad Police Hold Counselling Programme For 288 Cell Phone Offenders
Cell phone offenders counselling was conducted by Hyderabad Police for 288 offenders at CTC Petlaburj to promote rehabilitation and prevent repeat offences.
RTC To Launch Electric Auto Services In Hyderabad For First And Last Mile Connectivity
RTC will launch electric auto services in Hyderabad to improve first and last mile connectivity. Passengers can book auto rides along with bus tickets.
Hyderabad Police Arrest Three In Attempt To Murder Case Over Family Property Dispute
Hyderabad Police arrested three accused in an attempt to murder case linked to a family property dispute in Daibagh and recovered the weapon used.
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter and Instagram. For all the latest Hyderabad News update
