Budget 2025 Presentation Set for February 1

Finance Minister Nirmala Sitharaman is set to present India's Union Budget 2025 on February 1, marking her eighth consecutive budget presentation. As the public awaits the budget, there are concerns about potential tax increases and the impact on daily life, particularly for the middle class. Past budgets have often failed to meet expectations, leading to demands for tax relief which has not been addressed in over a decade. Key areas needing attention include reducing the tax burden on the middle class and addressing issues like capital gains tax changes that have caused investor unrest. The budget is seen as a pivotal moment for the government to showcase its economic priorities and commitments amidst these challenges. Observers emphasize the importance of careful decision-making to avoid disappointing the public again.