Finance Minister Nirmala Sitharaman discussed the Budget’s impact on the economy, emphasizing tax relief for honest taxpayers. She highlighted schemes for agriculture, start-ups, and infrastructure to boost growth.

In an interview to Mint and HT, FM Nirmala Sitharaman explained the philosophy behind the new Income Tax bill, what the government is doing to ensure regulators don’t operate in silos, how the government is trying to diversify export markets and the plan to reach 8% GDP growth.

The budget does not offer a realistic road map to resolve the critical problems of unemployment, poor pay packages and underskilling.

Finance Minister Nirmala Sitharaman said that the the tax proposal will allow people to have more money in their hands.

Finance Minister Nirmala Sitharaman revealed that while Prime Minister Narendra Modi was fully supportive of the idea to cut taxes in the Union Budget 2025, it took time to convince the bureaucrats.

LIVE: Amid high hopes of income tax reliefs, finance minister Nirmala Sitharaman said while presenting Union Budget 2025 that she will “introduce the new income tax bill next week.”