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Sitaraman to present Union Budget today

way2barak February 1: The high-stakes Union Budget 2025 is finally here, to be unveiled at 11 am today amid industry-wide expectations of capex growth and income tax relief for the salaried class. This is Union Finance Minister Nirmala Sitharaman’s eighth straight Budget presentation in the Lok Sabha.

The first part of the budget session kicked off in the Parliament on Friday, January 31, when Finance Minister Nirmala Sitharaman tabled the Economic Survey. From today’s budget, India Inc. widely anticipates the government’s measures on higher allocation towards boosting infrastructure, ease of doing business, artificial intelligence (AI) models, among others.FM Sitharaman will be announcing the second full-fledged budget of the Narendra Modi-led NDA government formed in 2024.

The Indian stock market will remain open on February 1, 2025, despite being a Saturday. Leading stock exchanges BSE and NSE will observe regular trading activities on account of Union Budget 2025-26 today. “On account of the presentation of the Union Budget, Exchange shall be conducting a live trading session on February 1, 2025,” said the exchanges in an official circular. The Indian stock market is usually closed on Saturdays and Sundays.

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