Budget 2025 Live: Modi govt 3.0’s first full budget to be presented today

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Budget 2025 Live: Union Finance Minister Nirmala Sitharaman gives final touches to the Union Budget 2025-26 at her office in North Block, in New Delhi. She will be the only finance minister to present eight consecutive budgets.

Budget 2025 Live: The Union Budget for financial year (FY) 2025-26 will be presented today by Nirmala Sitharaman, who will be creating a record for being the only finance minister to do so for the eighth consecutive time. The Union Budget 2025 has generated significant anticipation and expectations, as it will be the second budget under the leadership of Prime Minister Narendra Modi’s third term.…Read More

The Budget Session of Parliament commenced on Friday, January 31, with President Droupadi Murmu’s address to both Houses. According to the Parliamentary Bulletin, the Budget Session will be in two phases: The first that began January 31 includes the Union Budget on February 1 and will conclude on February 13; the second part of the session will commence on March 10 and will conclude on April 4.

Union Budget 2025 | Key points

-Finance Minister Nirmala Sitharaman will present the Union Budget for the financial year 2025-26 today, February 1.

-Nirmala Sitharaman will become the first finance minister to present the budget for eight consecutive times, however, she does not hold the record for presenting the most budgets.

-Former Prime Minister Morarji Desai holds the record of presenting the most budgets over different time periods. Morarji Desai has presented a total of 10 budgets – six during his tenure as finance minister in 1959-1964, and four budgets between 1967-1969.

-According to sources cited in a news agency ANI report, the government is considering hiking income tax slabs and enhancing the standard deduction to address the concerns of middle-class taxpayers amid rising inflation.

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Feb 1, 2025 5:05 AM IST

Union Budget 2025 Live: Budget Session to take place in two phases

Union Budget 2025 Live: The Budget Session of Parliament commenced on Friday, January 31, with President Droupadi Murmu’s address to both Houses. According to the Parliamentary Bulletin, the Budget Session will be in two phases: The first that began January 31 includes the Union Budget on February 1 and will conclude on February 13; the second part of the session will commence on March 10 and will conclude on April 4.

Feb 1, 2025 4:57 AM IST

Union Budget 2025 Live: Record 8th budget presentation for Nirmala Sitharaman

Union Budget 2025 Live: Nirmala Sitharaman will present the Union Budget for a record eighth consecutive time today, the only finance minister to do so. This will take Nirmala Sitharaman closer to the record of 10 budgets that were presented by former Prime Minister Morarji Desai over different time periods. Desai has presented a total of six budgets during his tenure as finance minister in 1959-1964, and four budgets between 1967-1969.

Feb 1, 2025 4:48 AM IST

Union Budget 2025 Live: Budget presentation time

Union Budget 2025 Live: The Union Budget 2025 will be presented at 11 am by Finance Minister Nirmala Sitharaman today.

The Budget used to be presented on the last day of February at 5 pm till 1999, based on a colonial era practice when the announcements could be made in London and India at the same time. India is four hours and thirty minutes ahead of the British Summer Time, and so presenting the budget at 5 pm in India ensured that it was happening in the daytime in the United Kingdom.

The timing was changed in 1999 when the then finance minister Yashwant Sinha in the Atal Bihari Vajpayee government presented the budget at 11 am.