Budget 2025 expectations LIVE updates: Tax reforms, industry incentives and more

| 27 Jan 2025 1:51 PM IST

The Union Budget 2025, which will be the second full budget of Modi 3.0, is expected to be presented by Finance Minister Nirmala Sitharaman in Parliament at 11 am on Saturday, February 1, 2025, marking her eighth consecutive presentation of a Union Budget. This also makes her the first Finance Minister to present eight union budgets in a row. The previous record was held by Morarji Desai who presented six consecutive budgets.

Industry as well as other Ministries have represented to the MoF already regarding exemption of Customs duty on import of technology, machines, equipment for manufacturing Li-Io Cells in India. This should get some consideration from Government in Union Budget 2025.

Tags: Budget 2025Tax reformsIndustry incentives

Categories: Business & Economy

Sandhya

An expert in visual journalism, Sandhya creates engaging news articles through infographics at Newsographics. With a background in journalism and graphic design, she transforms complex data into accessible visual stories. Her work enhances reader engagement and promotes understanding of important topics. Passionate about visual storytelling, she advocates for the integration of infographics in modern media practices.