The PRESS Pad

In 1999, when February 28 fell on a Sunday, then Finance Minister Yashwant Sinha presented the Budget a day earlier on Saturday, February 27, during the Atal Bihari Vajpayee–led NDA government. Nirmala Sitharaman Creates History With 9th Consecutive Union Budget Union Finance Minister Nirmala Sitharaman  created history on February 1 by presenting her ninth consecutive Union Budget , becoming the first Finance Minister in India  to deliver nine Budgets in an unbroken sequence

Amid media reports on possible tax rate changes, the Income Tax Department confirms that the Income Tax Bill 2025 does not alter current tax rates. The bill aims to simplify language, remove outdated provisions, and modernize the 60-year-old Income Tax Act, 1961 without changing the existing tax structure.