The Union Budget for the fiscal year 2025-26 is set to be presented by Finance Minister Nirmala Sitharaman on Saturday, February 1, 2025. The Budget Session of Parliament commenced earlier this week, featuring a Presidential address by Droupadi Murmu. Sitharaman will deliver her highly anticipated budget speech at 11:00 AM on Saturday, outlining budgetary allocations and revenue expectations for the upcoming financial year.
Following her speech in the Lok Sabha, the budget documents will be tabled in the Rajya Sabha, marking a critical moment in India’s financial planning. This year’s budget session is structured in two parts: the first part will run from January 31 to February 13, while the second part will commence on March 10 and conclude on April 4.
Budget 2025 Speech: When and Where to Watch Live Streaming
For those eager to follow the budget presentation live, the speech will be broadcast starting at 11:00 AM on February 1. Viewers can catch the live stream on the official Union Budget website (indiabudget.gov.in) as well as on Sansad TV. Additionally, for real-time updates and expert analysis, readers can tune in to Hindustan Times’ comprehensive coverage of the event.
Earlier today, Finance Minister Sitharaman tabled the Economic Survey in Parliament, which projects India’s GDP growth to range between 6.3% and 6.8% for the upcoming fiscal year. This survey was presented within six months of the previous 2022-23 survey, which was disclosed on July 22, 2024, following the General Elections.
What to Expect from Union Budget 2025
The Union Budget 2025 is expected to place a significant emphasis on the agriculture sector, with potential tax reforms on the horizon. Among the speculated changes is the phasing out of the old tax regime, along with the introduction of zero income tax for individuals earning less than ₹10 lakh annually, although these proposals have yet to be confirmed.
Another key theme for the budget will likely be the balancing act between fiscal consolidation and economic growth in light of rising inflation figures. Expectations also include granting ‘industry’ status to the real estate sector and providing budgetary support for the development and adoption of artificial intelligence (AI) technologies.
As the nation gears up for this pivotal moment in its economic planning, all eyes will be on Nirmala Sitharaman’s speech, which will set the tone for India’s financial direction in the coming year.