New Delhi, Feb. 1 -- Finance Minister Nirmala Sitharaman is scheduled to present India's Union Budget for the fiscal year 2025-26 on February 1, marking a significant milestone as her eighth consecutive budget presentation.

The upcoming financial blueprint is expected to introduce reforms to the income tax structure, potentially affecting millions of taxpayers across the nation.

In a preliminary step toward the budget announcement, Sitharaman presented the Economic Survey 2024-25 in the Lok Sabha on February 1.

The comprehensive document outlines the country's economic trajectory, projecting India's GDP growth for FY 2025-26 to range between 6.2 and 6.8 percent, reflecting a measured outlook for the world's fifth-largest economy.

The ...