Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, 2025 at 11:00 am (Indian Standard Time). This will be her eighth budget speech, including six annual budgets and two medium-term budgets. The new budget is very important as it will be the second comprehensive budget of the Modi government in its third term.
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The tradition of presenting the Union Budget on February 1 was established by then Finance Minister Arun Jaitley in 2017. Previously, budgets were usually submitted on the last working day of February. The move, which has been customary since it was announced, is to give parliament more time to discuss and run the budget from April 1 to March 31. Therefore, please submit your budget at 11am to allow the market to react before the market closes. that day.
You are watching: Budget 2025: Date, Presentation Time, When and Where to Watch Live Finance Minister Nirmala Sitharaman’s Speech
Live report details
Viewers can watch live demonstrations of the Alliance Budget on various platforms:
- TV: The budget speech will be telecast live on DD News and Sansad TV.
- YouTube: DD News and Sansad TV, the Ministry of Finance and PIB will all be broadcasting the presentation on their respective YouTube channels.
stock market operations
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Interestingly, although February 1 falls on a Saturday, the Indian stock exchanges (NSE and BSE) will remain open on the day. General trading hours for stocks are from 9 am to 3:30 pm and for commodities are from 5 pm. The system enables investors to react immediately following any announcement made during the budget presentation.
What to expect from Budget 2025
As the date approaches, multiple industries are hoping to receive announcements and looking forward to receiving them:
Income tax relief: The income tax norms are expected to be revised with a focus on middle-class taxpayers and relief for taxpayers with an annual income of Rs 15 lakh and below.
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Sector-specific allocations: Allocations to the health and education sectors may be increased, with a focus on strengthening public health infrastructure.
Support for EVs: Incentives expected to boost domestic manufacturing and infrastructure support for the EV industry.
The Union Budget 2025 will be a powerful determinant in shaping India’s economic landscape for the next fiscal year. With high expectations from ministries and a cautious attitude towards fiscal discipline, the entire focus will be on Finance Minister Nirmala Sitharaman as she explains the government’s financial roadmap for the year ahead.
Source: https://dinhtienhoang.edu.vn
Category: Optical Illusion