India's Union Budget 2025-26 proposes cutting 7 customs tariff rates for industrial goods, reducing total slabs to 8, including a zero rate.

Indian shares inched higher in a special session for the union budget on Saturday, with investors watching for consumption-boosting measures amid an economic slowdown due to high inflation and anemic wage growth.

In November 1947, the nation's first post-independence budget was presented. Learn about the finance ministers of India and the specifics of their budget presentations since independence.

India's federal government is expected to use next month's budget to stimulate economic growth through measures such as income tax cuts, although a significant increase in capital expenditure appears unlikely,