Budget 2025 Expectations Live Updates: Companies seek tax reforms, lower GST rates and capex allocation from FM
Budget 2025 Expectations Live Updates: Corporate India is seeking tax reforms, lower GST rates, regulatory updates, and anticipating various capex allocation announcements in Finance Minister Nirmala Sitharaman's eighth Budget speech on February 1, 2025. Taxpayers are keenly watching for some relief for the middleclass amid the current economic situation.The first part of the Parliament's Budget session is confirmed to begin from January 31 till February 13, 2025.
And the second part of the session will commence on March 10 and conclude on April 4, 2025.Finance Minister Nirmala Sitharaman's Eighth Union Budget SpeechFrom ordinary taxpayers to tech, healthcare, insurance, and finance sectors, in Sitharaman's eighth Budget speech, expectations are high for significant announcements aimed at reviving the economy, the job market, and boosting consumer sentiments.This will be Sitharaman's second full-fledged Budget in Modi 3.0, and her overall her eighth budget presentation in Parliament. She has presented six annual and two interim budgets under the NDA government's consecutive terms in power at the Centre.While there has been official statement from the Finance Ministry yet, as per convention over the past years, the finance minister is expected to give her Budget speech in Parliament at 11 am on February 1, 2025.
Further, as per official circulars, the BSE and NSE will remain open on February 1, 2025, despite it being a Saturday due to the Union Budget 2025-26. Budget 2025 Expectations Live Updates: A “lot of hope" is being pinned on the coming Union Budget 2025-26 amid the weak urban demand over the past year, according to Garvit Tiwari, Director & Co-Founder, InfraMantra, a Gurugram based property consulting firm.Tiwari
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