Union Budget 2025 LIVE: Union Finance Minister Nirmala Sitharaman (Budget-2025-26) has presented the Nirmala Sitharaman for FY 2025-26. Finance Minister Nirmala Sitaran presented the budget amidst heavy uproar by the opposition. This record of Nirmala Sitharaman is the eighth consecutive budget. The Modi government at the Center has made several announcements in this budget.
On Saturday, the Modi government at the Center presented the second budget of its third term. In which a target has been set to generate 22 lakh new jobs in the leather industry scheme. Union Finance Minister Nirmala Sitharaman said that there is a target of 22 lakh new jobs in the leather industry scheme. The Modi government will provide help for this. He also said that the Indian Language Book Scheme will be launched. Its purpose is to help students understand books in their language through digital medium.
Also read: Budget 2025 LIVE: No tax till 12 lakh earnings, Sitharaman’s big announcement for middle class will come next week, new income tax bill, no tax up to 12 lakhs
Earlier, a big announcement has also been made regarding income tax. The new income tax bill will come next week. Bill will be taken for the convenience of taxpayers. At the same time, Sitharaman has made a big announcement for the middle class in the budget. There will be no income tax until 12 lakh earnings. Now IT will be able to file IT returns of the last 4 years together. The limit of TDS for Senior Cities has been increased from 50 thousand to 1 lakh.
Mobile- LED TV will be cheap
Apart from this, the central government has announced to make mobile phones, LED TVs, electric cars, leather and cloth cheaper. The clothes made in India will be cheap. Big TV sets will be expensive. Exemption on EV battery has been announced.
Also read: Budget 2025 LIVE: Smart phones, LED TV, electric cars and leather and cloth will be cheaper, Modi government’s big announcement on 5 areas
While presenting the budget, Union Vitriya Nirmala Sitharaman said that this is a focus on budget development. It is dedicated to enhance the development of the government, development, middle class capacity of all. We are going to complete 25 years of this century. The expectations of our developed India have inspired us. Our economy is the fastest growing economy in all major economy.