Budget 2025: New Income Tax Bill to be presented next week, says FM

In her budget speech for 2025, Finance Minister Nirmala Sitharaman made a major announcement on Income Tax. Read further on Dynamite News:

New Delhi: Union Minister Nirmala Sitharaman is presenting the Budget in Parliament today. This is her eighth consecutive budget. Finance Minister Nirmala Sitharaman announced that the government will introduce a new Income Tax Bill next week.

Earlier, Finance Minister Nirmala Sitharaman made a significant announcement for startups. 

She stated that the government will set up a startup fund with a contribution of ₹10,000 crore. She also mentioned that, for the first time, the government will provide loans of ₹2 crore to five lakh women, SC, and ST entrepreneurs.