Budget 2025 LIVE updates: Abhishek Jain, Indirect Tax Head & Partner of KPMG, highlighted that the adjustments announced to customs duties in India are set to foster expansion and development in the nation.

Prime Minister Narendra Modi's customary pre-Budget speech on Friday, January 31, gave the nation's middle class something to look forward to in Budget 2025. Every year, the middle class is mostly disappointed as the government introduces more schemes to benefit the poor and hardly has anything for the section that pays for most services through direct taxation.

Indian shares inched higher in a special session for the union budget on Saturday, with investors watching for consumption-boosting measures amid an economic slowdown due to high inflation and anemic wage growth.

Finance Minister Nirmala Sitharaman is set to present the union budget 2025 and all eyes will be on the much-expected tax relief for the middle class.

In November 1947, the nation's first post-independence budget was presented. Learn about the finance ministers of India and the specifics of their budget presentations since independence.