Ahead of the Budget, there was an expectation that the government would provide some relief for the middle class, and Finance Minister Nirmala Sitharaman delivered.
In her budget speech, she announced that there would be no income tax for incomes up to ₹12 lakh. Of course, this stole the show, but it wasn't the ONLY big news. The Union Budget 2025 had several schemes, tax reforms and initiatives to improve infrastructure, ease of doing business, and financial inclusion.
Guest: Prof. Bhagwan Das, Associate Professor and Head of the Department of Economics of Loyola College, Chennai.
Host: Nivedita V
Edited by Sharmada Venkatasubramanian.
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In Focus by The Hindu