01 Feb 2025 04:36 PM
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Budget 2025 | Seven key factors to track in the budget speech

Source: https://www.livemint.com/budget/news/union-budget-2025-economic-growth-projection-fiscal-deficit-market-borrowings-income-tax-gst-manufacturing-deregulation-11738353687046.html

Finance minister Nirmala Sitharaman will on Saturday deliver her eighth Union budget in a row as the National Democratic Alliance government that returned to office last year with reduced majority in Lok Sabha seeks to add vigor to economic growth and create more jobs. It is easy for a government to usher in reforms early into its term as there may not be any immediate political risks. Mint takes a look at key factors to watch out for in the Union budget for 2025-26.

31 Jan 2025 06:21 PM
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Budget 2025: India set to achieve fiscal deficit target of 4.5% by 2026, says BofA

Source: https://www.livemint.com/economy/budget-2025-india-set-to-achieve-fiscal-deficit-target-of-4-5-by-2026-says-bofa-11738305552156.html

India is set to meet its 4.5% fiscal deficit target by 2026, balancing economic growth and fiscal prudence, said BofA. The upcoming budget may boost capital expenditure to reignite private sector growth while maintaining a stable revenue outlook and achieving medium-term fiscal objectives.

30 Jan 2025 06:26 PM
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Union Budget 2025: These initiatives can make India more self-reliant in energy

Source: https://www.livemint.com/budget/expectations/union-budget-2025-initiatives-that-can-make-india-self-reliant-in-energy-11736970405854.html

The budget needs to prioritize energy security by reducing fossil fuel dependence and promoting renewable sources. It should also address discom losses and enhance electric mobility, while working towards India's goal of net-zero emissions by 2070.

30 Jan 2025 07:01 PM

Budget 2025 Expectations LIVE: From tax relief to capex boost, all eyes on FM Nirmala Sitharaman on February 1

Source: https://www.livemint.com/economy/budget-2025-expectations-live-tax-relief-capex-boost-gst-fm-nirmala-sitharaman-february-1-stock-market-11738200841447.html

Budget 2025 Expectations LIVE: In Finance Minister Nirmala Sitharaman's eighth Budget speech on 1 February 2025, the industries and taxpayers are expecting major announcements, including income tax relief, capex push, GST rationalisation, and more, aimed at promoting economic growth.

30 Jan 2025 06:47 PM

Budget 2025: Heavy industries ministry seeks reduction of 28% GST on CNG two-wheelers

Source: https://www.livemint.com/industry/heavy-industries-ministry-gst-rate-cut-goods-and-services-tax-compressed-natural-gas-cng-2-wheelers-union-budget-2025-11738150290766.html

New Delhi: The ministry of heavy industries (MHI) has called on the finance ministry to lower the goods and services tax (GST) rate on two-wheelers powered by compressed natural gas (CNG), two people aware of the development said.

29 Jan 2025 06:01 PM

Budget 2025: How FM Nirmala Sitharaman could streamline customs duty and GST?

Source: https://www.livemint.com/budget/news/budget-2025-how-fm-nirmala-sitharaman-could-streamline-customs-duty-and-gst-11738072583133.html

As Union Budget 2025 approaches, stakeholders expect reforms in indirect taxation to enhance economic growth and compliance. Key areas include customs duty rationalization, an amnesty scheme for long-standing litigations, and incentives for electric vehicles.

28 Jan 2025 06:15 PM

Union Budget: Infra sector calls for raised capex, sops for green projects, tax reforms

Source: https://www.livemint.com/companies/news/union-budget-infra-sector-calls-for-raised-capex-sops-for-green-projects-tax-reforms-11738063324443.html

The industry players in the infrastructure sector -- from construction to real estate, transportation, and urban development -- also emphasised the need for fiscal reforms and policies that would ease the burden on infrastructure projects.

28 Jan 2025 06:10 PM

Budget 2025 Expectations LIVE: Taxpayers, India Inc hoping for income tax relief to boost money in hand, consumer demand

Source: https://www.livemint.com/economy/union-budget-2025-expectations-live-updates-nirmala-sitharaman-announcement-date-time-speech-income-tax-gst-markets-news-11738037238578.html

Budget 2025 Expectations LIVE: Indian taxpayers, especially the middle class and corporate India alike are seeking tax reforms such as revised income tax slabs, lower GST rates, regulatory updates, Drand anticipating various capex allocation announcements in Finance Minister Nirmala Sitharaman's eighth Budget speech on February 1, 2025. Taxpayers are keenly watching for some relief for the middleclass amid the current economic situation.

28 Jan 2025 06:08 PM

Income tax payers in India have good reason to feel neglected

Source: https://www.livemint.com/opinion/online-views/income-tax-payers-in-india-feel-neglected-indian-middle-class-senior-citizens-standard-deduction-budget-2025-11737964964981.html

As the countdown to Union budget 2025-26 enters its final phase, it is about time individual taxpayers got a look-in from finance minister Nirmala Sitharaman.

27 Jan 2025 06:17 PM

Budget 2025 Expectations LIVE: Income tax slabs, capex allocation and GST rationalisation on wishlist

Source: https://www.livemint.com/economy/budget-2025-expectations-live-updates-finance-min-nirmala-sitharaman-speech-time-date-markets-announcement-tax-gst-capex-11737862225061.html

Budget 2025 Expectations LIVE: Corporate India is seeking tax reforms, lower GST rates, regulatory updates, and anticipating various capex allocation announcements in Finance Minister Nirmala Sitharaman's eighth Budget speech on February 1, 2025. Taxpayers are keenly watching for some relief for the middleclass amid the current economic situation.