Brief by Shorts91 Newsdesk / 03:49am on 01 Feb 2025,Saturday India
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 today, marking her 8th consecutive budget. Key expectations include tax relief for the middle class, corporate tax cuts, and increased infrastructure spending. The budget comes amid economic challenges, with India facing global uncertainties and potential US tariff changes under President Trump. Experts anticipate reforms in tariff structures, AI investments, and measures to boost domestic manufacturing. The fiscal deficit target for FY26 is projected at 4.5% of GDP. Sitharaman’s speech will begin at 11 AM, shaping India’s economic outlook.
