Paraphrasing Abraham Lincoln, Finance Minister Nirmala Sitharaman on Sunday described the Union Budget as "by the people, for the people, of the people". Sitharaman - who presented her record eight consecutive budget on Saturday - said Prime Minister Narendra Modi was fully behind the idea to cut taxes but it took time to convince the

We have heard the voice of middle class who had been complaining about their aspirations not being met despite being honest taxpayers', Sitharaman said

Overall, the Budget focuses on providing significant benefits to the middle class by reducing the tax rates and thereby increasing the take home pay for individuals. It is clear that the Budget is aiming to further promote adoption of the new regime.

Budget 2025: Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in Parliament today, marking yet another milestone in her notable tenure. The Budget sets a transformative agenda with six key focus areas: taxation, urban development, mining, financial sector, power, and regulatory reforms.

Prime Minister Modi invoked Goddess Lakshmi on Budget-eve, later Indian taxpayers received significant tax relief. Finance Minister announced revised tax slabs where the biggest benefit is for those earning up to Rs 12.

Finance Minister Nirmala Sitharaman said the top priorities of Budget 2025 will be to boost growth and enhance the spending power of the middle class.