“Budget 2025 Date and Time: Key Expectations, Tax Slabs, and Live Updates”

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“Budget 2025 Date and Time: Key Expectations, Tax Slabs, and Live Updates”

The Union Budget 2025 is one of the most anticipated events in India, shaping the country’s economic policies and financial landscape. With Finance Minister Nirmala Sitharaman at the helm, expectations are high for reforms in tax slabs, NPS, and more. In this blog, we’ll cover everything you need to know about the Budget 2025 date and time, key expectations, and how to watch it live. Stay tuned for the latest updates!

When is Budget 2025? Union Budget Date and Time

  • The Union Budget 2025 is expected to be presented on February 1, 2025, at 11:00 AM IST.
  • The budget session will be held in the Parliament, with Finance Minister Nirmala Sitharaman delivering the speech.
  • Historically, the budget is presented on the first working day of February.

Budget 2025 Expectations: What to Look Out For

  • Tax Reforms:
    • Will the new tax regime see further revisions?
    • Possible increase in the basic exemption limit.
  • NPS Changes:
    • Expected enhancements in National Pension Scheme benefits.
  • Sectoral Allocations:
    • Increased focus on infrastructure, healthcare, and education

 New Tax Regime Slabs: Will There Be Changes?

  • Current tax slabs under the new regime:
    Income Range (₹) Tax Rate (%)
    0 – 3,00,000 0
    3,00,001 – 6,00,000 5
    6,00,001 – 9,00,000 10
    9,00,001 – 12,00,000 15
    12,00,001 – 15,00,000 20
    Above 15,00,000 30
  • Expectations for Budget 2025:
    • Introduction of a new tax slab for incomes above ₹20,00,000.
    • Higher deductions for salaried individuals.
NPS Updates in Budget 2025: What’s in Store?
  • Possible increase in the tax-free withdrawal limit from 40% to 60%.
  • Enhanced employer contributions for corporate employees.

How to Watch Budget 2025 Live: Union Budget Live Streaming

  • TV Channels: DD News, Lok Sabha TV, and major news networks.
  • Online Platforms:
    • Live streaming on the official Parliament website.
    • YouTube channels of news outlets like NDTV, Times Now, and India Today.
  • Social Media: Follow #Budget2025 on Twitter for real-time updates.

Key Highlights from Nirmala Sitharaman’s Previous Budgets

  • Introduction of the new tax regime in Budget 2020.
  • Focus on digital economy and infrastructure development.
  • Increased allocations for rural development and healthcare.

Conclusion

The Union Budget 2025 is set to be a landmark event with significant implications for taxpayers, businesses, and the economy. From new tax slabs to NPS updates, there’s a lot to look forward to. Don’t miss the live updates on February 1, 2025, at 11:00 AM IST. Share your expectations in the comments below and stay tuned for more insights!

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