Paraphrasing Abraham Lincoln, Finance Minister Nirmala Sitharaman on Sunday described the Union Budget as "by the people, for the people, of the people", and said Prime Minister Narendra Modi was fully behind the idea to cut taxes for middle class but it took time to convince the bureaucrats.

Overall, the Budget focuses on providing significant benefits to the middle class by reducing the tax rates and thereby increasing the take home pay for individuals. It is clear that the Budget is aiming to further promote adoption of the new regime.

Budget 2025 Key Highlights: Union Finance Minister Nirmala Sitharaman will present her 8th budget in a row on Saturday, February 1, 2025. FM Nirmala Sitharaman arrives at the Parliament to present Union Budget 2025.

Finance Minister Nirmala Sitharaman made history on Saturday by presenting her eighth consecutive budget with a 74-minute-long speech. This achievement brings her closer to the record held by former Prime Minister Morarji Desai, who presented 10 budgets during his tenure, six between 1959 and 1964 and four from 1967 to 1969.

Finance Minister Nirmala Sitharaman is set to present the Union Budget for 2025, marking her eighth consecutive appearance for this critical financial event. Over the years, Sitharaman has introduced significant changes to how the budget is physically presented,

Budget 2025: Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in Parliament today, marking yet another milestone in her notable tenure. The Budget sets a transformative agenda with six key focus areas: taxation, urban development, mining, financial sector, power, and regulatory reforms.