As the Union Budget 2025 approaches, Finance Minister Nirmala Sitharaman is set to present her eighth consecutive budget on February 1.
Budget 2025-26
As the Union Budget 2025 approaches, Finance Minister Nirmala Sitharaman is set to present her eighth consecutive budget on February 1. This budget is anticipated to chart the course towards the vision of a 'Viksit Bharat' by 2047. This will also be the second budget presented under the third Modi administration. The last Union Budget was presented in July, following the conclusion of the Lok Sabha elections. With significant expectations from various sectors, the Union Budget 2025 is poised to address critical economic challenges and set the stage for sustained growth and development.
The government should target a capital spending of Rs 11 trillion in the Budget for the next fiscal while giving inflation-adjusted relief on personal income tax to boost consumer spending, rating agency ICRA said on Wednesday.
