Finance Minister Nirmala Sitharaman is set to present the Union Budget 2025 today, marking a historic moment as she delivers her eighth consecutive Budget—the highest by any finance minister in India. This Budget comes at a time of significant global challenges and hopes of tax relief.
The Union Budget 2025 is set against a backdrop of geopolitical tensions and a domestic economy grappling with its slowest growth rate in four years. Adding to the uncertainty is a tariff threat from newly inaugurated US President Donald Trump.
Despite these challenges, Prime Minister Narendra struck an optimistic tone, invoking Goddess Lakshmi – who represents wealth, prosperity, and good fortune – and expressing hopes that the Budget would bring prosperity to the nation’s poor and middle class.
Union Budget Internet Desk: The tradition of introducing a budget in India has continued since British rule. Changes in its time and date have changed. There is also a rumor that it will be introduced in January of next year. Let us know many interesting aspects of this background ..!
Nirmala’s sarees over the years on budget day.
Nirmala Sitharaman’s sarees on Budget Day have become highly anticipated. The minister presented the 2024 Union Budget in a blue saree with swirling floral motifs in white. She wore a cream-coloured blouse to colour-coordinate with the floral motifs in the saree.
For the 2023 budget presentation, she chose a red saree with a symmetrical black geometric pattern and golden accents. The 2022 budget saw more warm colors with a brownish, red shade. The terracotta color palette had elephant motifs near the pallu. The 2021 budget presentation saw the finance minister in a red and white saree with a mild green accent by the borders. The 2020 Budget presentation saw the brightest-colored yellow saree worn by Nirmala Sitharaman.
India’s first budget was introduced on April 7, 1860, by James Wilson, a Scottish economist of East India Company. It has a history. The 1857 rebel rebellion caused the British government. It has become an obstacle to the British regime that goes on smoothly. Since then, there has been a large amount of money from the British treasury to suppress the rebels. The British government’s revenue is well received. In this context, a committee was appointed in 1859 to study the Indian economic situation. The first budget was introduced based on Wilson’s instructions. He passed away within months of submitting it. Aayan was buried in India. His statue was erected at the Dalhousie Institute in Kolkata, praising Wilson’s services.
Finance Minister Shanmukham Chetti, the first budget, was introduced on November 26, 1947, after India’s independence. It was designed for a temporary budget and only 75 months.
India’s first budget was introduced on April 7, 1860, by James Wilson, a Scottish economist of East India Company. It has a history. 1857 Sepoy’s rebellious British government
India Budget 2025 In Parliament | Union Budget 2025
Budget Session 2025:
Prime Minister Narendra Modi’s short speech on the first day of the budget session in Parliament, the inaugural speech of President Draupadi Murmu, and then vice president Jagadeep Dhankhar. FM Nirmala Sitharaman presented the Economic Survey 2024-25 in both the Lok Sabha and the Rajya Sabha, which is expected to grow by 6.3 and 6.8 % in the FY26. Research and development.
10:01 (IST) 1 February 2025
Budget of Income Tax Slabs 2025 Live Updates.
FM Nirmala Sitharaman met with President Draupadi Murmu with the Union Budget 2025-26 document before the parliamentary session today.
09:44 (IST) 1 February 2025.
Budget of Income Tax Slabs 2025 Live Updates: FM Nirmala Sitharaman went to Rashtrapati Bhavan
With the central budget tablet in hand, Finance Minister Nirmala Sitharaman will meet with President Draupadi Murmu before the budget meeting in Parliament today.
FM Sitharaman appeared to be carrying a traditional account, a tablet wrapped in a red cloth, painting the national symbol in gold.
Sitharaman will present his record 8th budget in the Lok Sabha at 11 am today. The budget speech consists of government economic policies, revenues and expenditure proposals, tax reforms, and other important statements.
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