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'Heard voice of middle class': Nirmala Sitharaman describes Budget 2025 as 'by the people, for the people, of the people'

IndiaTimes Sunday, 2 February 2025 ()
Finance minister Nirmala Sitharaman announced significant tax relief in the Union Budget, raising the nil-tax threshold to Rs 12 lakh, relieving nearly 1 crore taxpayers. She also extended the time frame for filing updated returns to 48 months. The changes signify the government's response to middle-class concerns and aim to ease bureaucratic hurdles in taxing regimes.
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Video Credit: Oneindia - Published
News video: Budget 2025 Expectations LIVE: NO GST Pls... What Small Traders Expect from Sitharaman

Budget 2025 Expectations LIVE: NO GST Pls... What Small Traders Expect from Sitharaman 02:34

As Finance Minister Nirmala Sitharaman prepares to present Budget 2025, small traders across India are eagerly anticipating key policy measures that could impact their businesses. From tax relief and GST simplifications to access to affordable credit and ease of doing business, traders are looking...

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