Income Tax Budget 2025 LIVE: Big tax changes ahead? Will FM Sitharaman provide a booster dose to salaried taxpayers?

Union Finance Minister Nirmala Sitharaman Union Finance Minister Nirmala Sitharaman arrives at the Parliament. She will present the Union Budget at 11 am in the Lok Sabha. President Droupadi Murmu offered Union Finance Minister Nirmala Sitharaman the customary 'dahi-cheeni' (curd and sugar) ahead of her Budget presentation.

Will the focus be on potential changes to income tax slabs, exemptions, and deductions? What are the expectations of the middle class? Will they get any relief from Union Budget 2025 announcements? Will the government introduce new tax reforms or adjust existing policies to ease financial burdens?

During her presentation of Modi Govt's 3.0 first full-fledged budget in July 2025, she introduced a marginal income tax relief for the middle class by raising the standard deduction by 50% to ₹75,000 and tweaking tax slabs for those opting for the new income tax regime. Stay tuned for live updates as FM Sitharaman presents her eighth Union Budget 2025.