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BUSINESS
The Union Budget is the annual financial statement, which provides an estimate of the government’s receipts and expenditures for the upcoming year.
Union Finance Minister Nirmala Sitharaman will present the Union Budget 2025 at 11 am on Saturday, February 1. This will be her eighth consecutive budget presentation, which includes one interim budget. Before this, the Finance Minister will table the Economic Survey on Friday, January 31, when both Lok Sabha and Rajya Sabha will convene briefly after the President's address. The Union Budget, under Article 112, is the annual financial statement, which provides an estimate of the government’s receipts and expenditures for the upcoming year.
Union Budget 2025: Date, Time
Date: February 1
Time: 11 am
Day: Saturday
Where to watch Union Budget 2025 LIVE
The Union budget will be broadcast on the official channels of the Parliament, Doordarshan, and Sansad TV. It will also be streamed on the government's official YouTube channels
Budget 2025 income tax expectations: Most tax experts believe that the government will phase out the old income tax regime in the coming years. The new income tax regime was introduced as an optional tax regime from FY 2020-21 onwards.