Union Budget 2025: How Tax Changes Will Affect Your Wallet and Lifestyle
2025-01-18
NDTV
The highly anticipated Union Budget 2025, set to be announced by Finance Minister Nirmala Sitharaman on February 1, is generating considerable buzz, especially regarding its potential impact on income tax for individual taxpayers. As living expenses continue to rise and economic pressures mount, the budget is expected to bring about significant changes that will influence consumer behaviour and lifestyle. With a focus on tax reforms and economic growth, the budget may introduce new tax slabs, deductions, and exemptions, ultimately affecting personal finance and spending habits. Keywords like 'income tax reforms', 'personal finance', and 'economic growth' will be closely watched.
