Two big-picture themes from this Budget

Quick Summary:

The announcements made by Finance Minister Nirmala Sitharaman in the Union Budget 2025 aim to boost demand and foster sustainable growth amid a challenging global landscape.

Other measures include a review of financial regulations, the launch of an investment friendliness index of States, and a further act of simplification and decriminalisation of legal provisions.

The tweaking of the tax slabs to the advantage of the taxpayer is all the more important given that, as the Reuters report pointed out, the job market out there is weak, incomes aren’t rising fast enough, and consumer credit has fallen.

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Article Details

Author / Journalist: Sriram Srinivasan

Category: StartupsEconomyBusiness

Markets: India

Topics: Budget Privacy Regulations Policy Consumption Sitharaman Economic Survey Year Growth Demand

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-01 @ 11:45:23 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 786 words

Reading Time: 5 minutes read

Sentences: 40 lines

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