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<!DOCTYPE html><html lang="en"><head><title>Union Budget 2025: Live Coverage</title><link rel="icon" href="/images/ico/favicon.ico?v=1" type="image/x-icon"><link rel="shortcut icon" href="/images/ico/favicon.ico?v=1" type="image/x-icon"><meta charset="UTF-8"><meta content="IE=Edge" http-equiv="X-UA-Compatible"><meta name="viewport" content="width=device-width, initial-scale=1.0, maximum-scale=10.0,user-scalable=yes,minimum-scale=1.0"><meta name="image" content="https://assamtribune.com/h-upload/2025/02/01/1686179-finance-minister-1.webp"><meta name="description" content="Finance Minister Nirmala Sitharaman presented the first full-year budget of Modi 3.0 in Parliament today. The Budget, which has already received Cabinet approval, has been lauded for exempting income tax on salaries up to Rs 12 lakh annually. In addition, several new schemes have been introduced. 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The Budget, which has already received Cabinet approval, has been lauded for exempting income tax on salaries up to Rs 12 lakh annually. In addition, several new schemes have been introduced. Read our live coverage...</h2><div class="hocal-post-meta"></div><div class="hocal-feature-time-date-below-img"><div class="hocal-post-meta"></div><a href="/spandana-kalita" class="author"><span>By</span> The Assam Tribune</a><time class="hocal-date"> - <span data-datestring="2025-02-01 05:37:25" class="convert-to-localtime">1 Feb 2025 11:07 AM IST</span></time></div></div></div><div class="col-lg-12 hocal-ad"><div id="topAds"><div key="jZYOHAra6" class="add-section6"><div id="details_page1_ad_3" class=" hide"></div></div></div></div></div><div class="container"><div class="hocal-detail-first-image"><div class="hocal-web"><div class="hocal-detail-first-image"><div class="hocal-web"><img fetchpriority="high" data-class='h-custom-image' src='/images/placeholder.jpg', data-src='https://assamtribune.com/h-upload/2025/02/01/1686179-finance-minister-1.webp' alt='Union Budget 2025: Live Coverage' title='Union Budget 2025: Live Coverage'/><div class="in-image-ad-wrap full-width-img hide"><div 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all <p> tags }); } </script></div></div></div><div class="col-lg-12 hocal-ad"><div id="details_page1_ad_4" class=" to-be-async-loaded-ad details_page1_ad_4"></div></div><div class="container"><div class="row"><div class="col-md-9"><div class="hocalwire-detail-post-content"><section class="content-item"><div id="left_level_2" class=" hide"></div><div id="detail_left_level_2" class=" hide"></div><div class="hb-entry-header hb-entry-header-style-1 hb-mb-30 hb-mt-50_"><div id="left_level_after_heading" class=" hide"></div><div class="article-report-details d-flex align-items-center mb-25 mt-25"></div><div class="story_content details-content-story"><div class="hb-entry-main-content dropcap wow fadeIn animated"><p>Guwahati, Feb. 1: The Union Finance Minister Nirmala Sitharaman has tabled the Union Budget in the Parliament.</p></div></div><div id="left_level_3" class=" hide"></div><div id="left_level_before_tags" class=" hide"></div><div data-loaded="true" data-mixin="newsBuzzUpdates" id="news_buzz_updates" class=" "><div class="buzz-parent-wrapper"><div class="news_updates_heading"><h3 class="title-bg"><span class="live-icon"></span><span>Live Updates</span></h3></div><div class="buzz-timeline-wrapper"><div class="buzz_article_date_wrapper hide"><span data-datestring="2025-02-01 05:37:25" class="date convert-to-localtime date-only">2025-02-01 05:37:25</span></div><div class="buzz-list-wrapper"><div class="filter-variable-data-load-more-before"><div data-key="buzzLimitId" data-value="435"></div><div data-key="direction" data-value="before"></div></div><div class="filter-variable-data-load-more-after"><div data-key="buzzLimitId" data-value="444"></div><div data-key="direction" data-value="after"></div></div><ul class="listing-items timeline"><li data-date="1 Feb 2025 5:30 PM IST" class="event buzz-container right"><div id="buzz-item-444" class="latest_item content"><a href="javascript:void(0);"><span data-datestring="2025-02-01 12:00:40" class="convert-to-localtime buzz_date">1 Feb 2025 5:30 PM IST</span></a><h2><a href="javascript:void(0);">New tax slabs proposed in Union Budget 2025-26</a></h2><p class="buzz_story"><p>The Union Budget 2025-26 proposes new direct tax slabs and rates under the new income tax regime so that no income tax is needed to be paid for total income upto ₹ 12 Lakh per annum, i.e. average income of Rs 1 Lakh per month, other than special rate income such as Capital Gain. Salaried individuals earning upto ₹ 12.75 Lakh per annum will pay NIL tax, due to standard deduction of ₹ 75,000. Towards the new tax structure and other direct tax proposals, Government is set to lose revenue of about ₹ 1 lakh crore.</p></p><span class="shareArticle clearfix social-share-light"><span class="newsSocialIcons-light clearfix "><ul class="blog-share-socials-light"><li class="facebook"><a title="Facebook" data-category="common-social-share-light" data-label="facebook-article" href="https://www.facebook.com/share.php?u=https%3A%2F%2Fassamtribune.com%2Fbuzz%2Funion-budget-2025-live-coverage-444%3Futm_source%3Dweb-social-share-light%26utm_partner%3Dat%26utm_campaign%3Dshare%26utm_medium%3Dfacebook" target="_blank" class="track-click"><img data-src="/images/facebook-grey-icon.png" alt="FB Share" title="FB Share" src="/images/socialplaceholder.png" class="fb_social_icon_image social_icon_image"/></a></li><li class="twitter"><a title="Twitter" data-category="common-social-share-light" data-label="facebook-article" href="https://twitter.com/intent/tweet?url=https%3A%2F%2Fassamtribune.com%2Fbuzz%2Funion-budget-2025-live-coverage-444%3Futm_source%3Dweb-social-share-light%26utm_partner%3Dat%26utm_campaign%3Dshare%26utm_medium%3Dtwitter&text=New%20tax%20slabs%20proposed%20in%20Union%20Budget%202025-26" target="_blank" class="track-click"><img data-src="/images/twitter-grey-icon.png" alt="Twitter Share" title="Twitter Share" src="/images/socialplaceholder.png" class="twitter_social_icon_image social_icon_image"/></a></li><li class="whatsapp"><a data-category="common-social-share-light" data-label="whatsapp-article-https://assamtribune.com/buzz/union-budget-2025-live-coverage-444" href="https://api.whatsapp.com/send?text=New%20tax%20slabs%20proposed%20in%20Union%20Budget%202025-26 https://assamtribune.com/buzz/union-budget-2025-live-coverage-444" class="track-click"><img data-src="/images/whatsapp-grey-icon.png" alt="Whatsapp Share" title="Whatsapp Share" src="/images/socialplaceholder.png"/></a></li></ul></span></span></div></li><li data-date="1 Feb 2025 5:30 PM IST" class="event buzz-container right"><div id="buzz-item-443" class="latest_item content"><a href="javascript:void(0);"><span data-datestring="2025-02-01 12:00:05" class="convert-to-localtime buzz_date">1 Feb 2025 5:30 PM IST</span></a><h2><a href="javascript:void(0);">FM highlights revised estimates of total receipts & net tax receipts</a></h2><p class="buzz_story"><p>The Minister said that the Revised Estimate of the total receipts other than borrowings is ₹31.47 lakh crore, of which the net tax receipts are ₹25.57 lakh crore. She added that the Revised Estimate of the total expenditure is ₹47.16 lakh crore, of which the capital expenditure is about ₹10.18 lakh crore. </p><p>For FY 2025-26, the Union Finance Minister stated that the total receipts other than borrowings and the total expenditure are estimated at ₹34.96 lakh crore and ₹50.65 lakh crore respectively. The net tax receipts are estimated at ₹28.37 lakh crore.</p></p><span class="shareArticle clearfix social-share-light"><span class="newsSocialIcons-light clearfix "><ul class="blog-share-socials-light"><li class="facebook"><a title="Facebook" data-category="common-social-share-light" data-label="facebook-article" href="https://www.facebook.com/share.php?u=https%3A%2F%2Fassamtribune.com%2Fbuzz%2Funion-budget-2025-live-coverage-443%3Futm_source%3Dweb-social-share-light%26utm_partner%3Dat%26utm_campaign%3Dshare%26utm_medium%3Dfacebook" target="_blank" class="track-click"><img data-src="/images/facebook-grey-icon.png" alt="FB Share" title="FB Share" src="/images/socialplaceholder.png" class="fb_social_icon_image social_icon_image"/></a></li><li class="twitter"><a title="Twitter" data-category="common-social-share-light" data-label="facebook-article" href="https://twitter.com/intent/tweet?url=https%3A%2F%2Fassamtribune.com%2Fbuzz%2Funion-budget-2025-live-coverage-443%3Futm_source%3Dweb-social-share-light%26utm_partner%3Dat%26utm_campaign%3Dshare%26utm_medium%3Dtwitter&text=FM%20highlights%20revised%20estimates%20of%20total%20receipts%20%26%20net%20tax%20receipts" target="_blank" class="track-click"><img data-src="/images/twitter-grey-icon.png" alt="Twitter Share" title="Twitter Share" src="/images/socialplaceholder.png" class="twitter_social_icon_image social_icon_image"/></a></li><li class="whatsapp"><a data-category="common-social-share-light" data-label="whatsapp-article-https://assamtribune.com/buzz/union-budget-2025-live-coverage-443" href="https://api.whatsapp.com/send?text=FM%20highlights%20revised%20estimates%20of%20total%20receipts%20%26%20net%20tax%20receipts https://assamtribune.com/buzz/union-budget-2025-live-coverage-443" class="track-click"><img data-src="/images/whatsapp-grey-icon.png" alt="Whatsapp Share" title="Whatsapp Share" src="/images/socialplaceholder.png"/></a></li></ul></span></span></div></li><li data-date="1 Feb 2025 5:24 PM IST" class="event buzz-container right"><div id="buzz-item-442" class="latest_item content"><a href="javascript:void(0);"><span data-datestring="2025-02-01 11:54:39" class="convert-to-localtime buzz_date">1 Feb 2025 5:24 PM IST</span></a><h2><a href="javascript:void(0);">Govt proses to raise FDI limit for insurance to 100 per cent</a></h2><p class="buzz_story"><p>The government proposed to raise the Foreign Direct Investment (FDI) limit for the insurance from 74 to 100 per cent, to be available for those companies that invest the entire premium in India.</p></p><span class="shareArticle clearfix social-share-light"><span class="newsSocialIcons-light clearfix "><ul class="blog-share-socials-light"><li class="facebook"><a title="Facebook" data-category="common-social-share-light" data-label="facebook-article" href="https://www.facebook.com/share.php?u=https%3A%2F%2Fassamtribune.com%2Fbuzz%2Funion-budget-2025-live-coverage-442%3Futm_source%3Dweb-social-share-light%26utm_partner%3Dat%26utm_campaign%3Dshare%26utm_medium%3Dfacebook" target="_blank" class="track-click"><img data-src="/images/facebook-grey-icon.png" alt="FB Share" title="FB Share" src="/images/socialplaceholder.png" class="fb_social_icon_image social_icon_image"/></a></li><li class="twitter"><a title="Twitter" data-category="common-social-share-light" data-label="facebook-article" href="https://twitter.com/intent/tweet?url=https%3A%2F%2Fassamtribune.com%2Fbuzz%2Funion-budget-2025-live-coverage-442%3Futm_source%3Dweb-social-share-light%26utm_partner%3Dat%26utm_campaign%3Dshare%26utm_medium%3Dtwitter&text=Govt%20proses%20to%20raise%20FDI%20limit%20for%20insurance%20to%20100%20per%20cent" target="_blank" class="track-click"><img data-src="/images/twitter-grey-icon.png" alt="Twitter Share" title="Twitter Share" src="/images/socialplaceholder.png" class="twitter_social_icon_image social_icon_image"/></a></li><li class="whatsapp"><a data-category="common-social-share-light" data-label="whatsapp-article-https://assamtribune.com/buzz/union-budget-2025-live-coverage-442" href="https://api.whatsapp.com/send?text=Govt%20proses%20to%20raise%20FDI%20limit%20for%20insurance%20to%20100%20per%20cent https://assamtribune.com/buzz/union-budget-2025-live-coverage-442" class="track-click"><img data-src="/images/whatsapp-grey-icon.png" alt="Whatsapp Share" title="Whatsapp Share" src="/images/socialplaceholder.png"/></a></li></ul></span></span></div></li><li data-date="1 Feb 2025 5:23 PM IST" class="event buzz-container right"><div id="buzz-item-441" class="latest_item content"><a href="javascript:void(0);"><span data-datestring="2025-02-01 11:53:44" class="convert-to-localtime buzz_date">1 Feb 2025 5:23 PM IST</span></a><h2><a href="javascript:void(0);">Govt announces support to develop domestic manufacturing capacities</a></h2><p class="buzz_story"><p>The Finance Minister mentioned that support will be provided to develop domestic manufacturing capacities for our economy’s integration with global supply chains. She also announced that government will support the domestic electronic equipment industry for leveraging the opportunities related to Industry 4.0. A National Framework has also been proposed for promoting Global Capability Centres in emerging tier 2 cities.</p></p><span class="shareArticle clearfix social-share-light"><span class="newsSocialIcons-light clearfix "><ul class="blog-share-socials-light"><li class="facebook"><a title="Facebook" data-category="common-social-share-light" data-label="facebook-article" href="https://www.facebook.com/share.php?u=https%3A%2F%2Fassamtribune.com%2Fbuzz%2Funion-budget-2025-live-coverage-441%3Futm_source%3Dweb-social-share-light%26utm_partner%3Dat%26utm_campaign%3Dshare%26utm_medium%3Dfacebook" target="_blank" class="track-click"><img data-src="/images/facebook-grey-icon.png" alt="FB Share" title="FB Share" src="/images/socialplaceholder.png" class="fb_social_icon_image social_icon_image"/></a></li><li class="twitter"><a title="Twitter" data-category="common-social-share-light" data-label="facebook-article" href="https://twitter.com/intent/tweet?url=https%3A%2F%2Fassamtribune.com%2Fbuzz%2Funion-budget-2025-live-coverage-441%3Futm_source%3Dweb-social-share-light%26utm_partner%3Dat%26utm_campaign%3Dshare%26utm_medium%3Dtwitter&text=Govt%20announces%20support%20to%20develop%20domestic%20manufacturing%20capacities" target="_blank" class="track-click"><img data-src="/images/twitter-grey-icon.png" alt="Twitter Share" title="Twitter Share" src="/images/socialplaceholder.png" class="twitter_social_icon_image social_icon_image"/></a></li><li class="whatsapp"><a data-category="common-social-share-light" data-label="whatsapp-article-https://assamtribune.com/buzz/union-budget-2025-live-coverage-441" href="https://api.whatsapp.com/send?text=Govt%20announces%20support%20to%20develop%20domestic%20manufacturing%20capacities https://assamtribune.com/buzz/union-budget-2025-live-coverage-441" class="track-click"><img data-src="/images/whatsapp-grey-icon.png" alt="Whatsapp Share" title="Whatsapp Share" src="/images/socialplaceholder.png"/></a></li></ul></span></span></div></li><li data-date="1 Feb 2025 4:45 PM IST" class="event buzz-container right"><div id="buzz-item-440" class="latest_item content"><a href="javascript:void(0);"><span data-datestring="2025-02-01 11:15:59" class="convert-to-localtime buzz_date">1 Feb 2025 4:45 PM IST</span></a><h2><a href="javascript:void(0);">Export promotion mission announced by FM</a></h2><p class="buzz_story"><p>The government will set up an export promotion mission with sectoral and ministerial targets which will be driven jointly by the Ministries of Commerce, MSME, and Finance.</p><p>It will facilitate easy access to export credit, cross-border factory support, support to MSMEs to tackle non-tariff measures to overseas market.</p></p><span class="shareArticle clearfix social-share-light"><span class="newsSocialIcons-light clearfix "><ul class="blog-share-socials-light"><li class="facebook"><a title="Facebook" 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title="Twitter Share" src="/images/socialplaceholder.png" class="twitter_social_icon_image social_icon_image"/></a></li><li class="whatsapp"><a data-category="common-social-share-light" data-label="whatsapp-article-https://assamtribune.com/buzz/union-budget-2025-live-coverage-440" href="https://api.whatsapp.com/send?text=Export%20promotion%20mission%20announced%20by%20FM https://assamtribune.com/buzz/union-budget-2025-live-coverage-440" class="track-click"><img data-src="/images/whatsapp-grey-icon.png" alt="Whatsapp Share" title="Whatsapp Share" src="/images/socialplaceholder.png"/></a></li></ul></span></span></div></li><li data-date="1 Feb 2025 4:41 PM IST" class="event buzz-container right"><div id="buzz-item-439" class="latest_item content"><a href="javascript:void(0);"><span data-datestring="2025-02-01 11:11:46" class="convert-to-localtime buzz_date">1 Feb 2025 4:41 PM IST</span></a><h2><a href="javascript:void(0);">Govt announces digital repository of Indian knowledge systems</a></h2><p class="buzz_story"><p>Surveying, documentation, and conservation of the manuscript heritage of the country has been announced by the government in partnership with academic institutions, museums, libraries, and private collectors will be undertaken to cover more than 1 crore manuscripts.</p><p>The government has announced that it will establish a digital repository of Indian knowledge systems for knowledge sharing</p></p><span class="shareArticle clearfix social-share-light"><span class="newsSocialIcons-light clearfix "><ul class="blog-share-socials-light"><li class="facebook"><a title="Facebook" data-category="common-social-share-light" data-label="facebook-article" href="https://www.facebook.com/share.php?u=https%3A%2F%2Fassamtribune.com%2Fbuzz%2Funion-budget-2025-live-coverage-439%3Futm_source%3Dweb-social-share-light%26utm_partner%3Dat%26utm_campaign%3Dshare%26utm_medium%3Dfacebook" target="_blank" class="track-click"><img 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href="https://api.whatsapp.com/send?text=Govt%20announces%20digital%20repository%20of%20Indian%20knowledge%20systems https://assamtribune.com/buzz/union-budget-2025-live-coverage-439" class="track-click"><img data-src="/images/whatsapp-grey-icon.png" alt="Whatsapp Share" title="Whatsapp Share" src="/images/socialplaceholder.png"/></a></li></ul></span></span></div></li><li data-date="1 Feb 2025 4:35 PM IST" class="event buzz-container right"><div id="buzz-item-438" class="latest_item content"><a href="javascript:void(0);"><span data-datestring="2025-02-01 11:05:31" class="convert-to-localtime buzz_date">1 Feb 2025 4:35 PM IST</span></a><h2><a href="javascript:void(0);">National Geo-Spatial Mission announced by FM</a></h2><p class="buzz_story"><p>The government will start a national Geo-Spatial Mission to develop foundational geo-spatial infrastructure </p></p><span class="shareArticle clearfix social-share-light"><span class="newsSocialIcons-light clearfix "><ul 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href="javascript:void(0);">Second gene bank to come up to facilitate food, nutritional security</a></h2><p class="buzz_story"><p>The second gene bank with 10 lakh germplasm lines will be set up for future food and nutritional security. 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