Sat Feb 01 12:30:00 IST 2025: ## Budget 2025: Tax Cuts and Hikes Announced in India’s Latest Budget
**New Delhi, February 1, 2025** – Finance Minister Nirmala Sitharaman today presented the Union Budget for 2025, unveiling a range of measures impacting various sectors and the common citizen. The budget includes significant tax reductions on several goods and services, leading to lower prices for consumers. Conversely, tax increases on certain items are expected to result in higher prices. While the full details are still being analyzed, the budget appears to incorporate provisions aimed at benefiting farmers and women. Further information regarding specific tax changes and their impact on the cost of living is expected to be released shortly. The announcement has already triggered reactions in the share market, with investors closely monitoring the implications for various sectors. Details regarding changes to income tax slabs and other investment-related announcements are also forthcoming.
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