Saturday, August 15, 2026

Income tax Budget 2025 Live Updates: Will FM tweak tax slabs and bring cheer for middle class?

Date:

Income tax Budget 2025 LIVE: Finance Minister Nirmala Sitharaman will present Budget 2025 at 11 am on February 1. Will the focus be on potential changes to income tax slabs, exemptions, and deductions? What are the expectations of the middle class? Will they get any relief from Union Budget 2025 announcements? Will the government introduce new tax reforms or adjust existing policies to ease financial burdens? During her presentation of Modi Govt’s 3.0 first full-fledged budget in July 2025, she introduced a marginal income tax relief for the middle class by raising the standard deduction by 50% to 75,000 and tweaking tax slabs for those opting for the new income tax regime. Stay tuned for live updates as FM Sitharaman presents her eighth Union Budget 2025. Follow our live coverage for all the details.

How to access Budget 2024 documents:

After the speech, you can view Budget 2025 through the Union Budget Mobile App,  available on Android and iOS platforms. The Budget speech documents will also be accessible on the web portal at www.indiabudget.gov.in.

01 Feb 2025, 05:44:42 AM IST

Income Tax Budget 2025 LIVE: Economic Survey 2024-25 Projects India’s GDP Growth at 6.3-6.8% in FY26

The Economic Survey 2024-25 paints a picture of India’s growth trajectory that shows a slowing down after the pandemic-induced rebound. With projections of 6.3-6.8% GDP growth in FY26, this is a notable dip compared to the strong 8.2% growth in FY24. While the economy is still expanding, the lower growth estimate signals challenges ahead, especially in reaching the desired near 8% annual growth rate required to fulfill India’s vision of becoming a “Viksit Bharat” (developed country) by 2047.

01 Feb 2025, 05:39:52 AM IST

Income Tax Budget 2025 LIVE: What middle class wants from FM Sitharaman

Income Tax Budget 2025 LIVE: Union Finance Minister Nirmala Sitharaman has tabled the Economic Survey in the Lok Sabha. She will present the Union Budget for FY 2025-26 today, February 1, 2025, at 11 a.m. The Indian middle class and taxpayers hope that it will include significant income tax breaks and reliefs.

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