Nirmalamma, who finished the budget speech in a short time.

Union Finance Minister Nirmala Sitharaman presented the 2025-26 annual budget, with a focus on tax exemptions for salaried individuals and measures to reduce cooking oil prices. The budget speech was notably shorter this time, lasting only 56 minutes. The government also announced loans up to Rs. 2 crores for SC/ST women.

Nirmalamma, who finished the budget speech in a short time.

Union Finance Minister Nirmala Sitharaman presented the annual budget for the financial year 2025-26. Nirmala Sitharaman has presented the budget eight times so far. Her eighth budget speech lasted for one hour and 14 minutes. However, this time, she seems to have completed the budget in a shorter time. The interim budget she presented on February 1 lasted only 56 minutes. Nirmala Sitharaman, who has presented the budget eight times, gave a budget speech in 2020 that lasted for 2 hours and 40 minutes. As the time was getting too long, she ended her budget speech with two pages remaining. It is noteworthy that this was the longest time for Nirmala Sitharaman's budget speeches.

Blessings for salaried individuals: The central government has made a crucial decision for salaried individuals. A key decision was made regarding personal income tax, exempting up to Rs. 12 lakhs from personal income tax.

Focus on oil prices: There continues to be full demand for cooking oils across the country. In light of the burden of oil prices on the poor, Finance Minister Nirmala Sitharaman proposed starting a six-year mission to reduce cooking oil prices. Additionally, she mentioned that loans up to Rs. 2 crores would be provided to SC/ST women.

For more details on the budget and other updates, visit Vaartha.

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