India

Parliament Budget Session LIVE: FM Nirmala Sitharaman To Propose New Income Tax Bill Next Week

Union Finance Minister Nirmala Sitharaman will present the Budget for 2025-’26 on February 1. Sitharaman will present the Union Budget for the eighth consecutive time.

The Budget session, the most important and longest in a calendar year, will continue until April 4. Both Houses will be adjourned for recess on February 13 and will reassemble on March 10.

The Union Budget 2025-26 is anticipated to strike a balance between economic growth and fiscal prudence while addressing the expectations of taxpayers, businesses, and key industries.

Key Insights Budget

With India’s economic momentum strong, 60 percent of businesses expect GDP growth between 6.5 percent and 7 percent in FY25. There is a growing focus on strengthening collaboration between educational institutions and industries to ensure a job-ready workforce, particularly in IT, healthcare, and manufacturing.

Infrastructure development and export competitiveness are also key expectations. Continued investments in roads, railways, and other critical infrastructure are expected to be a major budgetary focus.

Businesses are pushing for logistics efficiency improvements and an extension of interest equalization schemes to strengthen India’s global trade standing.

Stay connected for more updates on Union Budget 2025-2026.

Purnima Mishra

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