Budget 2025 Expectations: The country’s budget is going to be presented on Saturday. Finance Minister Nirmala Sitharaman will present the first Union Budget of 3.0 at 11 am on Saturday. Finance Minister Nirmala Sitharaman will leave her residence for North Block at 8.30 am. After this, Finance Minister Nirmala Sitharaman will leave for Rashtrapati Bhavan with the budget team. The President will hand over the budget copy. After approving the budget from the President, the ministry will return and there will be a photo shoot at Gate No. 2 of North Block at 9 am. Then under the chairmanship of PM Modi, a meeting of the Union Cabinet will be held in the Parliament House complex around 10.15 am to 10.40 am and in this the budget will be approved by the cabinet and from there the Finance Minister will reach the Lok Sabha.

What will be the budget … A lot about this is known from the statement given to PM Modi’s media before the budget session starts. PM Modi said, “This budget session and this budget will create a new faith in it and give new energy. I pray to Mahalakshmi that the special grace of mother Lakshmi should remain on every poor and middle class of the country.”

Know who can get this time in the budget …

1. Farmers- The central government can make a big announcement in the budget regarding farmers. PM Modi has been trying to increase the income of farmers. In such a situation, the central government can increase the PM Kisan Samman Nidhi. This will provide direct help to the farmers and most farmers will get relief from this. The government can also announce about MSP. Similarly, the government can also increase the loan limit received on the farmers credit card from three lakh rupees to five lakh rupees.
2. Women-government had allocated three lakh crore rupees for women empowerment in the budget of 2024-2025. Women hope that the government will increase this budget this time. Apart from this, there is an old demand for women ‘equal pay for equal work’. Not much has happened in this direction so far. In such a situation, women hope that the government will take steps towards filling this gender gap of the society. Apart from this, there is another old demand for working women, for single mother’s instead of work, the facility of crush. Women who are raising children alone will be very relieved to get the facility of crush at work instead of work.
3. Middle classes are eyeing the middle class-by-tax limit and 80C exemption limit. If the government announces this, then a lot of middle class problems will be reduced. Along with this, the middle class has expectations from the government regarding home loans. The industry also believes that the tax structure can be rational in the budget, so that more money will be given for the expenses in the hands of the people. This will promote consumption.
4. The biggest problem of hai-patri-red-cards is the place. They have to face a lot of difficulties to apply their hawkers. They hope that the government measures to simplify the licensing process. With this, they will be able to work without stopping. Under the Ayushman Yojana and PM Awas Yojana, the government is already doing a lot of work for them.
5. Cryptocurrency- Cryptocurrency industry in India is expecting positive and progressive changes in the Union Budget of 2025. People associated with this are demanding the government to reduce TDS from 1% to 0.01 on VDA transaction.
6. Small and medium industries- India will have to pay more attention to Make in India due to the deepest clouds of war in the world. The biggest role in this play small and medium industries. They also get employment in large numbers. Experts say that big announcements can be made for them in this budget. There can be many announcements regarding the reduction in tax as well as the is of doing.
7. Tourism and Defense Sector- Modi government can make big announcements on tourism and defense sector. There is a lot of employment potential in the tourism sector. The government is working towards making India a tourist hub. PM Modi invites people to visit India in every foreign trip. Obviously, there can be some big announcement with its betterment. Similarly, due to increasing uncertainty in the world, the government can increase the expenditure on the defense budget. The aircraft deal for the Air Force is also expected to be soon. In such a situation, the government can announce its budget in this financial year.
8. In the rural India-2024 Lok Sabha elections, BJP received a major setback in rural areas. BJP seats were reduced in these areas. In such a situation, special attention can be paid to the budget on rural and agriculture sector. The government will focus on capital expenditure in the upcoming budget. That is, the government can make special announcements on infrastructure and agriculture.
9. The automobile industry-automobile industry has demanded the Finance Minister that in this year’s budget, they should announce an incentive package for electric vehicles. The auto sector hopes that in this year’s budget, the Finance Minister will announce FAME III (Father Adoption and Manufactizing of Hybrid & Electric Vehicles in India) for Electric Vehicles in the country. This will improve the environment of the country and save the money going abroad in the purchase of petrol and diesel.
10. Customs cut-Across the Central Budget for its recommendations, the Global Trade Research Initiative (GTRI) has urged the government to reduce the number of tariff slabs from 40 to only five to make the customs structure simplified. This believes that taxing tax on raw materials will help reduce import costs, promote domestic manufacturing and promote exports. GTRI has also recommended to reduce India’s average tariff by about 10%.

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