Nirmala Sitharaman's Budget 2025 speech lasts 1 hour 14 minutes. Is it her shortest address yet?
1 month, 3 weeks ago

Nirmala Sitharaman's Budget 2025 speech lasts 1 hour 14 minutes. Is it her shortest address yet?

Hindustan Times  

Finance Minister Nirmala Sitharaman on Saturday delivered her eighth consecutive Union Budget speech in 2025. Budget 2025: Finance Minister Nirmala Sitharaman's budget address last one hour and 14 minutes this year. Budget 2025 LIVE: Nirmala Sitharaman says no income tax up to ₹12 lakh in big relief for middle class Sitharaman's record eighth consecutive budget, which outlined several policies for the taxpayer and the middle class, comes in the backdrop of a slowdown in the economy and demand for tax cuts for the middle class. Budget 2025: New tax regime Sitharaman during her budget speech said people earning up to 1.28 million rupees per year will not have to pay any taxes, raising its threshold from 700,000 rupees. Budget 2025: Revised tax slabs Following are the revised slabs and rates under the new tax regime announced in the FY26 Budget: Income up to ₹4 lakh -Nil Between ₹4 and 8 lakh -5 per cent Between ₹8 and 12 lakh - 10 per cent Between ₹12 and 16 lakh - 15 per cent Between Rs16 and 20 lakh - 20 per cent Between ₹20 and 24 lakh - 25 per cent Above ₹24 lakh -30 per cent Notably, the nill tax slab will apply for annual income up to ₹12 lakh under the new tax regime.

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