The RBI is expected to cut the repo rate by 25bps in February, easing borrowing costs for the middle class. Analysts predict a total reduction of 100bps in the current cycle, fostering economic growth amid favorable inflation projections.

LIVE: Finance minister Nirmala Sitharaman will begin the presentation of Union Budget 2025 shortly. The Union Budget 2025, which is the first full budget of Modi government 3.0, has garnered massive expectations of relief to middle class and tax cuts.

New Income Tax Slabs in Budget 2025: During her presentation of the Union Budget for 2025-26, Finance Minister Nirmala Sitharaman announced the introduction of a new Income Tax Bill, which aims to simplify and clarify the existing tax framework. “New Income Tax bill will be clear and direct”, FM Sitharaman said.

Indian Finance Minister Nirmala Sitharaman will today (Saturday, Feb 1) present the Union Budget for 2025-26, a day after unveiling the Economic Survey. India Union Budget 2025-26 LIVE Updates: Friday's survey outlined the BJP-led government's commitment to driving economic growth with a focus on equity,

The first budget of the third term of the National Democratic Alliance government, led by Prime Minister Narendra Modi, was presented in July 2024. Th