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Tuesday, Jun 24, 2025
Sitharaman further said the Centre will set up a national framework for promoting global capability centres in emerging Tier-II cities.
Further, the finance minister announced the enhancement of investment and turnover limit.
This will take Sitharaman closer to the record of 10 budgets that were presented by former Prime Minister Morarji Desai over different time periods.
The Budget Session of Parliament, which commenced on January 31, will proceed in two phases—concluding its first phase on February 13 and resuming from March 10 to April 4.
If the CPM-led LDF government is assumed to be a lover, then its affair with the BJP-led Centre can be seen as a hopeless case of unrequited love.
On Feb 1, FM will present the Union Budget for the eighth consecutive time.
Over the years, the budget has seen many historic milestones and record-breaking moments.
Any tax reduction should only be through expenditure taxes, and FM should ignore the clamour for income tax reduction.
GDP growth has slowed down to an estimated 6.4 percent for FY25.
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