Budget 2025, Feb. 1 -- The Indian stock market experienced high volatility on Saturday, February 1, following the FY26 Union Budget announcement by Finance Minister Nirmala Sitharaman. While the budget introduced major changes in income tax slabs, shifting more money into the hands of middle-class consumers, market sentiment remained mixed due to concerns over government capital expenditure (capex) allocation.

A key takeaway from the budget was the increase in the income tax exemption limit to Rs.12 lakh, a significant move aimed at boosting household consumption, savings, and investment. There had been widespread expectations that the FM would raise the tax exemption limit to Rs.10 lakh and adjust tax rates across slabs, but the relief ...