Union Budget 2025: What to Expect and How to Stay Informed

As the calendar turns to February 1, 2025, anticipation builds for the presentation of the Union Budget 2025, a crucial event that sets the tone for India’s economic direction in the upcoming financial year. This year, Finance Minister Nirmala Sitharaman will present her eighth budget, a record that includes six full budgets and two interim ones. With the presentation scheduled at 11 AM, the day promises to be filled with key announcements that will impact businesses, taxpayers, and the broader economy.

When and Where to Watch the Union Budget 2025

The Union Budget 2025 presentation will be broadcast live on government platforms like Doordarshan and Sansad TV, offering comprehensive coverage of the event. Additionally, the live stream will be available on their YouTube channels, safeguarding easy access for viewers across the country.

For those who prefer digital convenience, the Union Budget 2025 will be accessible in a paperless format through the Union Budget Mobile App, available in both Hindi and English. This user-friendly app guarantees that the complete budget document is at your fingertips. Alternatively, the budget details can also be accessed on the official website, www.indiabudget.gov.in.

Stock Market Activity on Budget Day

In a unique development, February 1, 2025, falls on a Saturday, yet the Indian stock exchanges, including the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), will remain open to facilitate trading on Budget Day. While stock markets are usually closed on weekends, this special arrangement confirms that investors can react promptly to the announcements made during the Union Budget 2025. Trading hours are expected to follow regular timings, reflecting the past practices when the budget was presented on a weekend.

The Importance of the Union Budget

The Union Budget, also known as the annual financial statement, is mandated by Article 112 of the Indian Constitution. It serves as the government’s blueprint for estimated receipts and expenditures for the upcoming financial year. The Budget 2025 is expected to address key areas such as:

• Economic Growth: Policies to accelerate GDP growth.
• Taxation: Potential changes to the income tax slabs and indirect taxes.
• Infrastructure Development: Increased allocation for roadways, railways, and urban development.
• Social Welfare: Focus on healthcare, education, and poverty alleviation programs.
• Fiscal Management: Measures to balance fiscal discipline with growth-oriented policies.

The Union Budget 2025 will not only shape India’s economic trajectory but also influence the individual financial decisions, making it a critical document for taxpayers, corporates, and investors alike.

Economic Survey: The Precursor to Budget Day

Ahead of the Union Budget, the Economic Survey 2025 will provide an in-depth review of the country’s economic health over the past year. Led by Chief Economic Adviser Dr. V Anantha Nageswaran, the survey will highlight achievements, pinpoint challenges, and propose policy recommendations. This vital document sets the stage for the budget by offering insights into the macroeconomic environment.

Why the Union Budget 2025 Matters

The Union Budget 2025 is expected to continue India’s digital transformation journey, with significant emphasis on paperless accessibility. In line with this vision, all budget documents will be made available online through the Union Budget Mobile App and the government’s official budget website. This shift increases transparency and makes sure that citizens across the nation can engage with the budget efficiently.

From potential income tax reforms to incentives for industries like green energy, manufacturing, and technology, the Union Budget 2025 will have far-reaching effects on every segment of society. Whether you are an individual taxpayer planning your investments, a business owner strategizing your fiscal year, or an investor eyeing market trends, staying informed about the budget is crucial.

How to Prepare for Union Budget 2025

1. Watch the Presentation: Tune in to Doordarshan, Sansad TV, or their YouTube channels at 11 AM on February 1 for the live event.
2. Access Budget Documents: Download the Union Budget Mobile App or visit www.indiabudget.gov.in for detailed information.
3. Follow Economic Insights: Review the Economic Survey 2025 for a better understanding of the budget’s context and implications.
4. Stay Updated on Stock Market Movements: Monitor trading activity on the BSE and NSE as the budget announcements unfold.

In conclusion, the Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, promises to be a landmark event, influencing India’s economic policies and financial landscape. By leveraging platforms like Doordarshan, Sansad TV, and the Union Budget app, you can stay informed and understand how the Budget 2025 impacts your personal and professional financial plans.

Prepare to witness India’s financial roadmap unfold on February 1, 2025, and make informed decisions based on the key announcements in this year’s budget.