Taxpayers look for income tax relief on February 1, all eyes on Nirmala Sitharaman

Budget 2025 Expectations Highlights:Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget 2025 on February 1.

Taxpayers, including the middle class and corporate India, are looking for tax reforms, such as revised income tax slabs, lower GST rates, regulatory updates, and anticipation of various capex allocation announcements. Amid the current economic situation, Indian taxpayers are seeking some relief.

The first part of the Parliament's Budget session will begin on January 31 and end on February 13, 2025.

The second part will start on March 10 and conclude on April 4, 2025.