Union Budget 2025: Union Finance Minister (FM) Smt. Nirmala Sitharaman will present Union Budget 2025-26 in the Parliament on 1st February, 2025 i.e. today at 11 AM.
Union Budget 2025 is the 13th budget presented by Prime Minister (PM) Narendra Modi’s government, including one interim budget presented in the general election year of 2019. However, it is the Finance Minister Nirmala Sitharaman’s seventh budget presentation after 2019, 2020, 2021, 2022, 2023 and 2024.
Budget 2025 Live Updates
How to Watch Live Budget 2025 Online TV
The budget presentation will be broadcast live on Lok Sabha TV. So, you may watch Budget 2025 Live from Parliament. Official Union Budget Website: The speech will be streamed live at indiabudget.gov.in.
For real-time updates and expert analysis, you can also follow coverage on major news websites and their respective YouTube channels.
Watch Live: Budget Speech by Union Finance Minister Nirmala Sitharaman
Union Budget 2025 Live Streaming, Nirmala Sitharaman Budget Speech Live Updates is here.
प्ले बटन पर क्लिक करें और लाइव देखें: केंद्रीय वित्त मंत्री निर्मला सीतारमण का बजट भाषण
Union Budget 2025 Live Streaming. FM Nirmala Sitharaman Budget Live Speech, Railway Budget 2025, Income Tax Slab Rate Change, Budget 2025 Announcements Live from Parliament.
Union Budget 2025 Important Updates
बजट पेशी से पहले वित्त मंत्री की तैयारी
वित्त मंत्री निर्मला सीतारमण राष्ट्रपति द्रौपदी मुर्मू से मिलने से पहले नॉर्थ ब्लॉक कार्यालय के बाहर अपने अधिकारियों के साथ नजर आईं। उन्होंने क्रीम रंग की साड़ी पहनी थी और बजट को डिजिटल प्रारूप में प्रस्तुत करने के लिए ब्रीफकेस की जगह एक टैबलेट रखा था, जिसे लाल कवर में सुनहरे राष्ट्रीय प्रतीक के साथ रखा गया था। राष्ट्रपति भवन में मुलाकात के बाद वह सीधे संसद पहुंचीं।
The list of Budget documents (14) to be presented to the Parliament include:
- Finance Minister’s Budget Speech
- Annual Financial Statement (AFS)
- Demands for Grants (DG)
- Finance Bill
- a. Macro-Economic Framework Statement
- b. Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement
- Expenditure Budget
- Receipt Budget
- Expenditure Profile
- Budget at a Glance
- Memorandum Explaining the Provisions in the Finance Bill
- Output Outcome Monitoring Framework
- Key Features of Budget 2025-26
- Key to Budget Documents
Budget Session of Parliament
The Budget Session of the Indian Parliament for 2025 commenced on January 31, 2025, with President Droupadi Murmu’s address to a joint sitting of both Houses. This session is divided into two parts:
- First Part: January 31 to February 13, 2025
- Second Part: March 10 to April 4, 2025
During the first part, Finance Minister Nirmala Sitharaman will present the Union Budget on February 1, 2025, at 11:00 AM IST. Following her speech in the Lok Sabha, the Budget documents will be tabled in the Rajya Sabha.
The second part of the session will reconvene on March 10, 2025, and is scheduled to conclude on April 4, 2025.
The Budget Session is a crucial period for legislative activities, including the presentation and discussion of the Union Budget, and the passage of key financial and policy-related bills.
Budget Date and Timings
Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget for the fiscal year 2025-2026 on Saturday, February 1, 2025, at 11:00 AM IST.
Download Budget Speeches 1947-2025
Download Budget speech 2025-26 in PDF format.
FAQ on Union Budget 2025-2026
he Union Budget for 2025-2026, presented by the Finance Minister, outlines the government’s financial plan for the upcoming fiscal year, detailing expected revenues and expenditures. Here are some frequently asked questions to help you understand its key aspects:
What is the fiscal deficit target for 2025-2026?
The Confederation of Indian Industry (CII) has recommended that the government maintain a fiscal deficit target of 4.5% of GDP for 2025-2026. This target aims to balance economic growth with fiscal prudence.
What are the major allocations in the budget?
The budget emphasizes several key areas:
- Agriculture and Rural Development: A significant allocation of ₹2.66 lakh crore is dedicated to rural development, focusing on enhancing agricultural productivity and sustainability.
- Employment and Skilling: An outlay of ₹2 lakh crore is planned for comprehensive skilling programs targeting 4.1 crore youth over five years, aiming to boost employment opportunities.
- Urban Development: ₹11 lakh crore is allocated for infrastructure development in 14 cities, focusing on transit-oriented development and improving urban amenities.
Are there any tax reforms in this budget?
While specific tax reforms have not been detailed in the available sources, the budget includes measures to support Micro, Small, and Medium Enterprises (MSMEs) through the Credit Guarantee Scheme and technology support packages. Additionally, simplified tax compliance rules and the elimination of the angel tax for startups are proposed to foster a more conducive environment for entrepreneurial growth.
What are the key infrastructure projects in the budget?
Significant infrastructure projects include:
- Urban Infrastructure: ₹11 lakh crore allocated for the development of 14 cities, focusing on transit-oriented development and urban amenities.
- Rental Housing Initiatives: Plans to build industrial workers’ rental accommodation in a Public-Private Partnership (PPP) mode.
- Increased Capital Expenditure: Set at ₹11.1 trillion, marking a 16.9% rise over the previous year’s estimates, focusing on roads, highways, and railway modernization.
What is a Union budget?
A Union Budget is an annual report prepared by the Government, whereby it lays down the plan for government’s revenue and expenditures.
What is an Interim Budget?
At the end of the 5-year term of the ruling party when the central elections will be held, a budget is presented by the operating Government for the period applicable till the new government takes over. Since this budget is prepared for a short duration and it will be followed by a fresh new budget by the party who forms the government after the elections, it is called the Interim budget.
Who prepares the budget?
The Budget is prepared by Budget Division, The Department of Economic Affairs, and the Ministry of Finance.
Why is Budget so important?
In Budget, the Government proposes various changes in the tax rates, rebates, grants etc. These changes have a direct impact on an individual.
What are pre-budget expectations?
Before the budget is announced, various autonomous bodies, economists, industrialists etc. who represent the industry, trade, and commerce share the mass problems and solutions in the form of pre-budget expectations.
When is the Budget announced?
The Budget is prepared annually. It is for a period starting from 1st April to 31st March. The Budget is usually announced in the first week of February.
Who presents the Budget?
The Budget is usually presented by the Finance Minister of India.
What is a pre memorandum Budget?
A Pre memorandum Budget is a detailed document where the expectations from the budget are precisely mentioned.
What is a rail Budget?
A Rail Budget is the projected revenue and expenditures pertaining to railways only. Earlier, it was presented separately, but Mr Arun Jaitley had changed this practice and now the Rail Budget is presented along with the Union Budget.
Who announces the rail Budget?
The Rail Budget is announced by the Finance Minister of India.