FM Sitharaman first presented the New Tax Regime in her Budget speech on February 1, 2020. This alternative option for personal income tax was designed to be "simplified" with notably lower tax rates.

The Union Budget 2025 will be presented on February 1st 2025, at the traditional time of 11:00 AM IST. This is going to be the eighth consecutive budget by Finance Minister Nirmala Sitharaman, who has presented six full budgets and two interim ones.

To, The Hon’ble finance minister, Government of India, North Block, New Delhi. Subject: Recommendations for Simplifying Direct and Indirect Tax Systems in the Upcoming Budget Respected madam, I am writing to humbly present a