In her eighth budget, Nirmala Sitharaman strikes a delicate balance between stimulating growth and staying true to fiscal consolidation, aiming for a sustainable economic future amid global uncertainty.

Paraphrasing Abraham Lincoln, Finance Minister Nirmala Sitharaman on Sunday described the Union Budget as "by the people, for the people, of the people". Sitharaman - who presented her record eight consecutive budget on Saturday - said Prime Minister Narendra Modi was fully behind the idea to cut taxes but it took time to convince the

FM Sitharaman donned a Madhubani silk saree as she presented her eighth budget, highlighting Bihar projects. The opposition clashed over Kumbh deaths but fell silent as she announced zero tax on Rs 12L income.

We have heard the voice of middle class who had been complaining about their aspirations not being met despite being honest taxpayers', Sitharaman said

LIVE: During the Union Budget 2025 announcements, Finance Minister Nirmala Sitharaman said that under the new tax slabs, over one crore taxpayers will be exempt from paying taxes

Key structural changes, such as adjustments to tax slabs, a rationalisation of deductions, and other incentives to spur economic growth, are anticipated to be introduced under the proposed Bill.

Overall, the Budget focuses on providing significant benefits to the middle class by reducing the tax rates and thereby increasing the take home pay for individuals. It is clear that the Budget is aiming to further promote adoption of the new regime.

Budget 2025: Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in Parliament today, marking yet another milestone in her notable tenure. The Budget sets a transformative agenda with six key focus areas: taxation, urban development, mining, financial sector, power, and regulatory reforms.