2025 Union budget of India

2025 Union Budget of India
Annual Financial Statement of the Central Government for the year 2025-26
The Finance Bill, 2025
Submitted1 February 2025
Submitted byNirmala Sitharaman
Minister of Finance
Submitted toParliament of India
Presented1 February 2025
Passed1 February 2025
Parliament18th (Lok Sabha)
PartyBharatiya Janata Party
Finance ministerNirmala Sitharaman
Total revenueIncrease 34.96 trillion (US$400 billion)
Total expendituresIncrease50.65 trillion (US$580 billion)
Tax cutsComplete tax rebate on income upto ₹12.75 lakh
DeficitPositive decrease 4.4% of GDP
DebtPositive decrease 56.1% of GDP
GDPIncrease 4.271 Trillion
Websitewww.indiabudget.gov.in
‹ 2024
2026›

The 2025 Union budget of India was presented by Finance Minister Nirmala Sitharaman on 1 February 2025 for the financial year 2025-2026.[1] This was the first full financial year budget of Prime Minister Narendra Modi's third term in office.

  1. ^ PTI (1 February 2025). "Nirmala Sitharaman creates history with 8th consecutive Union Budget". The Hindu. ISSN 0971-751X. Retrieved 1 February 2025.

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