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Business News/ Economy / Union Budget 2025 Expectations Highlights: From tax breaks to GST rates, all eyes on FM Nirmala Sitharaman's Budget
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Union Budget 2025 Expectations Highlights: From tax breaks to GST rates, all eyes on FM Nirmala Sitharaman's Budget

Union Budget 2025 Expectations Highlights: From tax breaks to GST rate rationalisation and policy changes, anticipation is high for Finance Minister Nirmala Sitharaman's upcoming eighth Budget speech in February 2025.

Union Budget 2025 Expectations Highlights: As per convention, Union Finance Minister Nirmala Sitharaman is expected to announce her eighth Budget speech in Parliament on February 1, 2025. However, no official announcement has yet been made. (PTI Photo / Shahbaz Khan)Premium
Union Budget 2025 Expectations Highlights: As per convention, Union Finance Minister Nirmala Sitharaman is expected to announce her eighth Budget speech in Parliament on February 1, 2025. However, no official announcement has yet been made. (PTI Photo / Shahbaz Khan)

Union Budget 2025 Expectations Highlights: In the Union Finance Minister Nirmala Sitharaman's eighth Budget speech, likely next month, the industry is expecting significant announcements ranging from income tax breaks, GST rationalisation, industry-specific policies and more, aimed at reviving the economy and boosting consumer sentiments.

Notably, Sitharaman completed her Pre-Budget Consultation with various industry stakeholders, unions and other representatives on January 6, ahead of begining work on Budget 2025-26. 

When is the Union Budget 2025 Speech?

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. However, there has been no official statement or confirmation of the date from the Finance Ministry as yet. 

This will be Sitharaman's second full-fledged Budget in Modi 3.0, and her eighth budget presentation in Parliament. She has presented six annual and two interim budgets under the NDA government's consecutive terms in power.

Stock markets open on Budget day

On markets side, 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. In a circular, the exchanges said: “On account of the presentation of the Union Budget, Exchange shall be conducting a live trading session on February 1, 2025." usually, the Indian stock market is closed on Saturdays and Sundays.

16 Jan 2025, 10:25:03 PM IST

Union Budget 2025 Expectations Live Updates: Income tax tweaks expected

Union Budget 2025 Expectations Live Updates: Dhruv Chopra, Managing Partner, Dewan P.N. Chopra & Co said,"

"The upcoming Budget is expected to provide tax relief while balancing the government’s need to maintain revenue. Taxpayers are hoping for an enhanced rebate for lower-income individuals and an increase in the basic exemption limit under both tax regimes to help offset inflation. 

To help conserve taxpayers' resources, the turnover limit for taxation on a presumptive basis under Sections 44AD (for businesses) and 44ADA (for professionals) should be increased. Homebuyers may also benefit from higher interest deduction limits on housing loans under Section 24(b). 

The deduction should be allowed for the full interest paid, at least for one house, or the current limit of Rs. 2 lakh should be increased to Rs. 3 lakh. Faceless assessments and appeals are highly appreciated. 

However, there is a significant backlog in the completion of faceless appeal disposals, which now needs to be expedited in a time-bound manner. The TDS process for non-resident property sellers, which is currently cumbersome, is also expected to be simplified."

16 Jan 2025, 09:57:05 PM IST

Union Budget 2025 Expectations Live Updates: Capex expectations

Union Budget 2025 Expectations Live Updates: Vijay Bharadia, Managing Parter & CIO, Wallfort PMS on budget expectations:

"The government capital expenditure is a key driver and the 11 lakh crore Capex announced in 2024 has already set a strong foundation, and we anticipate an even more ambitious outlay in the 2025 budget. Additionally, lower power supply rates would be a game-changer for the manufacturing sector, reducing production costs and boosting exports. Together, these measures could significantly strengthen India’s economic trajectory in the coming years."

16 Jan 2025, 08:25:15 PM IST

Union Budget 2025 Expectations Live Updates: Industry seeks public-private partnership[

Union Budget 2025 Expectations Live Updates: “As our Finance Minister prepares to present Budget 2025, it’s important to remember that our journey towards a $5 trillion economy in the next three years relies heavily on India’s young demographic. It’s laudable how the government has invested heavily in skill development and the pioneering One Nation One Subscription initiative, emphasising on the need to bridge skill-employability gap and democratise access to research, respectively.

We believe strategic investments and robust public-private partnerships in skill development, will further bridge the gaps and meet the demands of future workforce. The demand for 6 per cent GDP allocation to education under NEP is another step that the government needs to consider for an educational revolution, particularly with the need for teacher training, enhanced learning resources to impart future skills and the development of future-ready learners," said Arun Rajamani, Managing Director of Cambridge University Press & Assessment, South Asia.

16 Jan 2025, 06:34:00 PM IST

Union Budget 2025 Expectations Live Updates: Real estate sector seek lower inputs costs

Union Budget 2025 Expectations Live Updates: Vishal Raheja, Founder & MD,InvestoXpert.com said,

"Elevated borrowing costs, driven by persistent inflation, have significantly increased construction expenses throughout 2024. These challenges are further compounded by ongoing supply chain disruptions, exacerbated by escalating geopolitical tensions. 

As a result, construction costs are projected to rise even higher in the coming year. Amid this backdrop of surging costs and a noticeable slowdown in demand, the real estate sector’s expectations for Budget 2025 have reached unprecedented levels. 

Stakeholders across the industry are hoping for policy measures that address these challenges, such as incentives to curb rising input costs, streamlined processes to ease project delays, and initiatives to stimulate consumer demand. 

The sector anticipates interventions to foster growth, stabilize costs, and revive investor and buyer confidence as it navigates an increasingly complex economic landscape."

16 Jan 2025, 04:59:06 PM IST

Union Budget 2025 Expectations Live Updates: Real estate sector seeks tax cuts

Union Budget 2025 Expectations Live Updates: Sunil Sisodiya, Founder, Geetanjali Homestate on budget expectations

"As Budget 2025 draws near, the real estate industry looks forward to key policy announcements that could shape its path to reach the ambitious $1 trillion market goal by 2030. This budget offers a vital chance to tackle urgent issues like affordability, price stability, and boosting demand steps needed to spark growth and promote lasting progress.

One rising trend that needs focus is tourism-based real estate, which is picking up steam. Luxury properties in beautiful and important places are becoming popular among NRIs and HNIs. Scenic spots and areas rich in heritage are seeing more interest in second homes and vacation properties that offer exclusivity, comfort, and a link to nature. 

To tap into this potential, the industry turns to the government for specific help. This includes tax cuts, financial aid, or easier rules for people building fancy and tourist-focused projects. These steps could boost investments, make these places more attractive, and help the sector grow even more. This fits with bigger money-making goals."

16 Jan 2025, 03:49:27 PM IST

Union Budget 2025 Expectations Live Updates: Insurance sector seeks reduction in GST

Union Budget 2025 Expectations Live Updates: Ajit Banerjee, President and Chief Investment Officer of Shriram Life Insurance:

"As the Union Budget scheduled for February 1 approaches, the insurance sector eagerly anticipates measures that will address critical challenges and promote financial inclusion. A key expectation is the introduction of a separate tax exemption for term insurance. With term insurance gaining popularity as a cost-effective way to secure substantial life coverage, a distinct tax exemption limit could incentivize more individuals to adopt it, thus reducing the protection gap and ensuring financial security for families.

Another pressing issue is the affordability of insurance products. The existing 18% GST on premiums acts as a deterrent, particularly for low-income groups. A reduction in the rate will make insurance products more affordable, directly benefiting policyholders and increasing insurance penetration.

While the GST Council has deliberated on this matter, a favourable decision in the budget would be a game-changer for the sector.

Additionally, the taxation framework for annuity products needs revisiting. Although the initial investment in an annuity is tax-exempt, the annuity income is taxable, discouraging investments in retirement-focused products. Aligning the tax treatment with the product’s purpose would encourage retirees to secure their financial future. 

Similarly, the insurance industry has been requesting to carve out the insurance premium paid for life from the existing limit of 1.5 lakh available under section 80 C into a separate section. This would provide greater incentive to individuals to adequately take cover.

These measures can collectively enhance the sector’s growth and ensure wider financial inclusion."

16 Jan 2025, 12:35:12 PM IST

Union Budget 2025 Expectations Live Updates: Initiatives to promote real estate growth

Union Budget 2025 Expectations Live Updates: “The year 2024 has been defined by an undeniable shift towards luxury living, with real estate projects setting new standards for upscale residences. This surge in demand for luxury and ultra-luxury homes reflects a growing appetite for properties that offer both opulence and long-term investment potential," said Santosh Agarwal, CFO & Executive Director, Alphacorp.

“The upcoming Union Budget holds great promise for further fueling this growth. We anticipate policy measures that will enhance affordability, provide tax incentives, and stimulate infrastructure development, enabling us to meet the aspirations of high-net-worth individuals. These strategic interventions are expected to not only strengthen the luxury housing market but also drive the overall growth and resilience of the real estate sector in the coming year," he added.

16 Jan 2025, 12:13:44 PM IST

Union Budget 2025 Expectations Live Updates: Slowdown in capex growth, says Goldman Sachs

Union Budget 2025 Expectations Live Updates: Brokerage firm Goldman Sachs expects a slowdown in the government capex growth in the new financial year, reported PTI days ahead of the budget 2025 announcement.

Finance Minister Nirmala Sitharaman is expected to announce a 13 per cent increase in the public capex for the new fiscal, as against the 17 per cent in FY24, and the healthy growth in three years before that, it added.

16 Jan 2025, 10:50:58 AM IST

Union Budget 2025 Expectations Live Updates: When is the budget announcement?

Union Budget 2025 Expectations Live Updates: The Finance minister, Nirmala Sitharaman, is expected to give her Budget speech in Parliament at 11 am on February 1, 2025, as per conventions in recent years. However, the Finance Ministry has not officially confirmed the date yet.

16 Jan 2025, 10:21:13 AM IST

Union Budget 2025 Expectations Live Updates: GST reduction on two-wheelers up to 125 cc to 18 %, says Hero MotoCorp CEO

Union Budget 2025 Expectations Live Updates: There should be a reduction in GST on two-wheelers up to 125 cc as they provide mobility options for masses in the country, Hero MotoCorp CEO Niranjan Gupta told PTI.

"Honestly, GST is not the subject of the Union budget. But having said that, I would say there's a strong case for GST to move down from 28 to 18 per cent, especially for two-wheelers, up to 125 cc, because they are meant as vehicles for masses," Gupta said.

16 Jan 2025, 06:51:42 AM IST

Union Budget 2025 Expectations Live Updates: US body wants reforms to attract fresh investments

Union Budget 2025 Expectations Live Updates: “The Union Budget 2025-26 comes at a critical juncture for India's economic trajectory. As global headwinds persist, it is imperative for India to prioritize reforms that foster investor confidence, simplify the tax regime, and provide targeted incentives for sectors with transformative potential," Tarun Bajaj, chairperson of the US-India Tax Forum and former Indian Revenue Secretary told PTI.

“Recommendations like rationalising TDS structures, extending concessional tax rates for greenfield manufacturing, and supporting GIFT City as a global financial hub address systemic challenges while opening avenues for sustainable growth," he added.

15 Jan 2025, 07:22:44 PM IST

Union Budget 2025 Expectations Live Updates: Manish Chowdhury, Head of Research, StoxBox, said on Real Estate

Union Budget 2025 Expectations Live Updates: “Our sense is that the rising cost of raw materials, increasing land cost and outdated definition of affordable homes especially for metros are the major predicaments which are making developers shy away from the affordable housing segment. A revision to the affordable housing bracket in terms of size and price based on specific city dynamics is crucial for reviving fortunes of the segment. Additionally, we believe that incentives on the taxation front for homebuyers, subsidies to developers and industry status to the segment would be important triggers. We expect the upcoming budget to unveil measures, especially simplified regulations and some incentives, to attract foreign investments into the commercial real estate sector. With the aim to stimulate demand across all segments of housing, the government may look to raise the deduction limit for home loan interest from the current level of Rs. 2 lakh per year. From a budget perspective, we remain positive across the real estate value chain and Oberoi Realty, PNB Housing, and AAVAS Financiers remain our top picks."

15 Jan 2025, 05:21:16 PM IST

Union Budget 2025 Expectations Live Updates: Rohit Gajbhiye, Founder and MD of LEO1, said

Union Budget 2025 Expectations Live Updates: “As Budget 2025 approaches, the Edu-Fintech industry stands optimistic about progressive measures to enhance financial accessibility and innovation in education. Addressing affordability through interest-free or subsidized schemes, digital financial solutions, and tax incentives for education-related expenses can empower students and institutions alike. Policies encouraging partnerships between fintech players and educational institutions will accelerate the adoption of technology-driven financial systems, bridging funding gaps and improving cash flow management. This budget has the potential to champion equitable education access while driving innovation and collaboration in the Edu-Fintech space, contributing to India's economic and social progress."

15 Jan 2025, 03:53:13 PM IST

Union Budget 2025 Expectations Live Updates: Sachin Jain, Managing Partner, Scripbox, said

Union Budget 2025 Expectations Live Updates: “Equity participation in India has always been low and thanks to all the efforts made by the regulators and the government together the safe, compliant & digital environment makes investing in equity easier and rewarding too. Also, it will be extremely helpful in supporting the long-term growth of our country and our vision led by our visionary Prime Minister to become a developed nation by 2047. In the bargain taxation and rising transaction costs have impacted the scrupulous players in the Industry dearly. Revenue pressures have led to innovative but unsuitable products thriving in the market on the one hand and encouraged participation in leveraged trades leading to higher volumes on the other. This defeats the purpose of long-term wealth creation and the power of compounding, especially for a retail investor. Budget is a good tool to control behavior in the long run and hence incentivizing the senior citizens with higher tax relief majorly in debt options and supporting long-term investor behavior by offering tax reliefs in long term equity holding could be considered. Infrastructure funding through REITs & Inveits may also need government support for higher investor participation. At the same time controlling unscrupulous practices by higher taxation on speculative and unregulated products could well compensate the government as well as help reduce such practices too."

15 Jan 2025, 02:30:42 PM IST

Union Budget 2025 Expectations Live Updates: Income tax reforms, reducing GST key demands

Union Budget 2025 Expectations Live Updates: According to Abhinav Kumar, Co-Founder, Brand Concepts, they hope to see significant measures that address the pressing need for increased disposable income among consumers, particularly through income tax reforms. 

Other expectations include: Reducing GST to ease financial burden on consumers and drive retail consumption, targeted incentives and infrastructure development to expand retail markets, simplifying the ease of business.

15 Jan 2025, 01:06:15 PM IST

Union Budget 2025 Expectations Live Updates: For manufacturing sector, duty exemptions, tariffs and exports boost expected

Union Budget 2025 Expectations Live Updates: India's manufacturing has a $2 trillion export target by 2030, and the sector is take up significance in the Union Budget 2025-26.

“We expect measures such as tariff rationalisation, duty exemptions, and expanded remission schemes to lower production costs and boost exports," according to Sunil Kalra, Partner- Governance, Risk, Compliance and Forensic Investigation Services, Forvis Mazars in India. 

He also expects: simplified compliance procedures for foreign investments, targeted incentives for high-value manufacturing sectors like electronics and precision machinery, alongside support for labour-intensive industries such as textiles, footwear, and food processing; and adoption of Industry 4.0 technologies such as AI, digital twins, and 3D printing.

15 Jan 2025, 12:41:37 PM IST

Union Budget 2025 Expectations Live Updates: For wealth management experts, expectations rise over income tax exemption

Union Budget 2025 Expectations Live Updates: The wealth management space is awaiting measures for tax relief, infrastructure growth, and ESG investments, in this Budget, according to Gurmeet Singh Chawla, Director of Master Capital Services.

Some moves that could significantly impact the sector include: raising the basic exemption limit for personal income tax — EY India has suggested an increase from 3 lakh to 5 lakh, to improve disposal incomes.

Streamlined capital gains tax structure across asset classes — Deloitte expects simplification of tax structure.

For investments, infrastructure development will be on the radar as the previous Budgets allocated 11.1 lakh crore for the purpose.

“There is an expectation for increased emphasis on renewable energy and green technologies, with incentives for green bonds or Environmental, Social, and Governance (ESG) investments," Chawla added.

15 Jan 2025, 11:26:57 AM IST

Union Budget 2025 Expectations Live Updates: ‘Affordable and accessible healthcare a priority’

Union Budget 2025 Expectations Live Updates: Pavan Choudary, Chairman, MTaI believes that high customs duty has significantly increased the cost of medical devices. This, he says, undermines the government’s efforts to make affordable healthcare accessible to the masses through initiatives such as Ayushman Bharat (PMJAY). 

“We urge the government to consider reducing customs duty rates for products where domestic alternatives are not yet readily available," he stated.

15 Jan 2025, 10:55:17 AM IST

Union Budget 2025 Expectations Live Updates: Electronics players hoping for manufacturing sops, PLI, R&D investments and more

Union Budget 2025 Expectations Live Updates: Domestic production of India's electronics industry is projected to reach $300 billion by 2026, fueled by government's initiatives such as Make in India, Digital India, and Skill India.

As such, Amit Khatri, Co-Founder of Noise believes that to sustain this trajectory, the government in this Budget must, “bolster manufacturing efforts though PLI, reduce import dependence, build infrastructure for components production, strategic investment in R&D."

15 Jan 2025, 09:53:11 AM IST

Union Budget 2025 Expectations Live Updates: Bolster sustainability in the packaging industry, tax and subsidies among expectations

Union Budget 2025 Expectations Live Updates: The government has taken initiatives to encourage organisations to adopt sustainable business practices, focused on renewables and energy efficient manufacturing and more.

Jeevaraj Pillai of UFlex believes the Budget will bolster sustainability in the packaging industry. He is hopeful of measures in the Budget, such as tax incentives on eco-friendly materials, subsidies for advanced recycling units, incentives for meeting Extended Producer Responsibility (EPR) targets, allowing investments in recycling under CSR, increasing the allocation to Urban Local Bodies (ULBs) for investments in Municipal Solid Waste (MSW), PLI for the packaging industry, R&D funding for sustainable packaging and incentives for biodegradable and plant-based alternatives.

 

15 Jan 2025, 08:05:46 AM IST

Union Budget 2025 Expectations Live Updates: Hope for ‘tax breaks, funding, R&D and policy support’ says tech executive

Union Budget 2025 Expectations Live Updates: In tech and innovation spaces, Almond Ai CEO Abhinav Jain hopes this Budget includes “policies that accelerate AI adoption across industries". 

Other expectations include: “More tax breaks, funding schemes, R&D grants for tech start-ups, investments in digital infrastructure and smart technology solutions; incentives for businesses driving green technology and sustainability; and fostering of AI and sustainability."

14 Jan 2025, 11:05:27 PM IST

Union Budget 2025 Expectations Live Updates: Insurance sector seeks reduction in GS

Union Budget 2025 Expectations Live Updates: Balachander Sekhar, Co-founder & CEO of RenewBuy said, "The Indian insurance sector is at the cusp of a new growth trajectory that needs policy intervention by the government. The Union budget 2025-26 provides excellent opportunities to pump up the insurance sector.

Hoping for a reduction in GST rates to make health insurance more affordable, an increase of tax exemption to encourage people to buy insurance policies that would ultimately provide security and long term capital, and rationalisation of capital gain taxation. 

In addition, providing incentives for insurance in rural India will significantly impact expanding and promoting insurance in those areas where penetration is very low."

14 Jan 2025, 09:11:57 PM IST

Union Budget 2025 Expectations Live Updates: Constructon sector seeks capex outlay

Union Budget 2025 Expectations Live Updates: Ashish Modani, Senior Vice President & Group Head - Corporate Ratings, ICRA Limited said, "The Union Budget 2025-2026 is expected to underscore the Government's continued dedication towards the National Infrastructure Pipeline (NIP) with critical focus on PM Gati-Shakti National Master Plan and Jal Jeevan Mission (JJM), among others.

ICRA expects the GoI’s capex to undershoot the FY2025RBE ( 11.1 trillion) by at least 1.0 trillion, though it would still remain higher than the capex outlay in FY2024 PA. Given the GoI’s continued thrust on infrastructure, ICRA expects capital outlay to witness 10-12% YoY growth in FY2026 BE. 

The Road and the Railway segments will continue to account for a bulk of the allocation. The outlay towards JJM, urban infrastructure and affordable housing, however, is expected to witness healthy YoY growth in the upcoming budget."

14 Jan 2025, 07:49:27 PM IST

Union Budget 2025 Expectations Live Updates: Dr.Sat Kumar Tomer, said

Union Budget 2025 Expectations Live Updates: "The Union Budget 2025 is a pivotal opportunity to drive transformative change in Indian agriculture. As the sector faces increasing challenges from climate variability, resource constraints, and global competitiveness, this year’s budget must prioritize innovation, sustainability, and inclusivity.

Investments in agri-tech, particularly in AI, IoT, and satellite data integration, are crucial to empowering farmers with actionable insights. By making precision farming accessible to smallholders, we can enhance productivity while minimizing environmental impacts. Similarly, fiscal incentives for eco-friendly practices such as organic farming and water conservation will position Indian agriculture as a global leader in sustainable food production.

Digital connectivity in rural areas is another cornerstone for transformation. Improved internet access and digital literacy will enable farmers to leverage digital platforms ( for e.g- Sat2Farm) for real-time data on soil health, weather, and market trends. Additionally, support for climate-resilient farming, through research into hardy crop varieties and expanded insurance coverage, is essential to safeguard livelihoods.

By fostering public-private partnerships and scaling innovative solutions, the government can create a future-ready ecosystem where technology and sustainability converge to empower every farmer, ensuring India's agricultural sector thrives in the face of future challenges."

14 Jan 2025, 05:28:49 PM IST

Union Budget 2025 Expectations Live Updates: Arun Awasthy, President & Managing Director, Johnson Controls India, said

Union Budget 2025 Expectations Live Updates: "As India prepares for the Union Budget 2025, we find ourselves at a decisive moment in shaping the future of our cities and economy. With nearly half of the Indian population expected to live in urban areas by 2030, the need for infrastructure that is both expansive and sustainable is more urgent than ever. This need for climate conscious infrastructure is not only critical as a response to environmental challenges but also as a deemed driver of long-term economic stability for the country.

The last budget, presented just six months ago, gave significant attention to public infrastructure, while prioritizing sustainability as a key focus. This year, the momentum must continue, with sectors like railways, aviation, healthcare, hospitality, data centers and manufacturing taking center stage. These areas have immense potential to drive innovation, attract large-scale investments, create jobs, and transition India toward a greener model of development. As part of this transition, a wider promotion and integration of green building standards in both public and private sector construction can be an incremental yet impactful step toward embedding climate resilience into India’s urban landscape.

Public private partnerships too have been a central focus of the government. While the previous budget expanded the scope of large-scale PPP led projects, this year’s focus must include extending these opportunities to develop new urban centers, particularly in Tier 2 and Tier 3 cities. A collaborative model involving state governments, the central government, and private players could further support development that caters to region-specific needs, while also simplifying local regulations and streamlining project implementation. This approach will not only support the development of emerging cities but also ensure sustainability becomes the foundation of India’s growth story.

Moreover, as we focus on rapid infrastructure and sectoral development, we must prioritize skill development to build a robust human capital base capable of supporting the scale of growth we are striving for. A dedicated effort toward upskilling and reskilling, particularly in green-tech and building decarbonisation will ensure that India’s workforce is ready to meet the demands of evolving industries, fostering inclusive growth and enhancing employability in emerging sectors.

As a developing nation, India has a unique opportunity to embed climate resilience into our infrastructure and policies. This will allow us to balance economic growth with environmental responsibility, positioning India as a global leader in sustainable development. These efforts will not only address immediate goals but also move us closer to the vision of a Viksit Bharat by 2047."

14 Jan 2025, 04:14:36 PM IST

Union Budget 2025 Expectations Live Updates: Sunil Kalra, Partner- Governance, Risk, Compliance and Forensic Investigation Services, Forvis Mazars in India, said 

Union Budget 2025 Expectations Live Updates: “The Union Budget 2025 holds immense significance for India’s manufacturing sector as the country strives to achieve its $2 trillion export target by 2030. To enhance global competitiveness, we expect measures such as tariff rationalization, duty exemptions, and expanded remission schemes to lower production costs and boost exports. Simplifying compliance procedures is also crucial to streamline operations and attract greater foreign investments. Targeted incentives for high-value manufacturing sectors like electronics and precision machinery, alongside support for labour-intensive industries such as textiles, footwear, and food processing, can drive rural development and create widespread employment. Additionally, fostering innovation through the adoption of Industry 4.0 technologies such as AI, digital twins, and 3D printing will position India as a hub for advanced manufacturing. We hope the budget introduces a visionary roadmap that propels the sector toward sustainability, agility, and leadership in global supply chains, fuelling inclusive economic growth."

14 Jan 2025, 02:18:49 PM IST

Union Budget 2025 Expectations Live Updates: ‘Futuristic, economic growth, employment’ in focus

Union Budget 2025 Expectations Live Updates: Naveen Tiwari, Co-Founder of Scrabble expects the Budget to be “futuristic, focused on driving economic growth and generating more employment".

“We expect the Union Budget 2025 to have provisions for upskilling and reskilling programs, ensuring India’s growing talent has access to world class modules and stays at par with global talent. The same will also promote innovation and ease recruitment norms, ensuring that India – and Indians – remains competitive in a rapidly evolving global landscape," he said.

14 Jan 2025, 12:11:06 PM IST

Union Budget 2025 Expectations Live Updates: Fintech space looking forward to announcements

Union Budget 2025 Expectations Live Updates: Fintech space has five priorities, believes BCG's India fintech practice leader Yashraj Erande.

Stating that this Budget comes “against the backdrop of a critical phase for India's financial sector", Erande has the following expectations: Enhance bureau's access to real-time credit data from lenders; regulations supporting partnership between fintech and financial infratech companies; focus on non-financial risk compliance; easier and more access to global capital; and encourage competition in banking system.

14 Jan 2025, 10:39:13 AM IST

Union Budget 2025 Expectations Live Updates: When is the Union Budget 2025 Speech?

Union Budget 2025 Expectations Live Updates: As of date, there has been no official confirmation from the Centre or Finance Ministry yet, but, as per recent convention, Sitharaman is expected to present the Union Budget 2025 on February 1, at 11 am. However, there has been no official confirmation from the government.

This is the finance minister's second full-fledged Budget in Modi 3.0. Overall, this will be Sitharaman's eighth budget presentation in Parliament — having presented six annual and two interim budgets under the NDA's consecutive terms in power.

14 Jan 2025, 09:36:57 AM IST

Union Budget 2025 Expectations Live Updates: When is the Budget announcement expected by FM Sitharaman?

Union Budget 2025 Expectations Live Updates: Good morning and welcome to Livemint's coverage of the Union Budget 2025. We take a look at the new developments, sector expectations and other updates such as: when is the Budget announcement expected by FM Sitharaman? What time is the Budget speech? Where can I watch the Budget? and more.

Stay tuned for all the latest news!

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