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Dynamite News
Dynamite News
National
DN Bureau

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

Nirmala Sitharaman Income Tax Dynamite News
FM Nirmala Sitharaman presents Budget

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.

Also Read | Trump paid USD 38 million income tax in 2005

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