After introduction in the Upper House, the bill will be sent to a parliamentary standing committee for scrutiny.

Sitharaman had announced an income tax reform, allowing zero income tax for those earning up to ₹12 lakh. The RBI then announced a 25 bps repo rate cut

Nirmala Sitharaman announced an increase in income tax rebate from ₹7 lakh to ₹12 lakh, aimed at reducing tax burdens for ₹1 lakh monthly earners.

Nirmala Sitharaman said the measure is to respect honest taxpayers, who, without fail, are paying towards India’s nation-building attempts.

To boost investment, the budget increased the FDI limit in insurance, announced measures to ease regulation and an investment friendliness index of states

In her budget speech, Union finance minister Nirmala Sitharaman 40,000 units in stressed housing projects will be completed in 2025, further helping middle-class families

Income Tax Slabs – AY 2025-26: Most taxpayers, especially those earning up to ₹25 lakh, will benefit from new regime exempting incomes up to ₹12L from tax.

The huge transfer of funds will help the government to narrow its fiscal deficit to 4.4 per cent of the GDP.

Finance Minister Nirmala Sitharaman will present the Union Budget for the next fiscal year in Lok Sabha on Saturday.

According to a circular issued by the National Stock Exchange of India Limited, the trading hours will follow the standard schedule from 9:15 am to 3:30 pm

The customary Halwa ceremony, marking the final stage of the budget preparation process, is set to be held in North Block on Friday evening.

Congress leader Pawan Khera terming GST as Gabbar Sitharaman Tax. He emphasized the negative effects on middle-class families and farmers, and noted that even after 90 months, new circulars are being introduced.