Budget 2025 LIVE: Finance Minister Nirmala Sitharaman is set to present the Union Budget for the fiscal year 2025-26 on February 1, 2025. This budget is highly anticipated, with particular focus on potential changes to income tax structures and standard deductions that could impact salaried individuals and the middle class.
There is widespread speculation that the government may introduce measures to provide tax relief to salaried individuals. Proposals under consideration include raising the tax-free income limit to ₹10 lakh and simplifying tax slabs to enhance disposable incomes.
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