Budget 2025 Corporate Reactions Live Updates: FM to table budget today, will it fulfil industry stakeholders’ wishlist? | Mint

Budget 2025 Corporate Reactions Live Updates: Finance Minister Nirmala Sitharaman will present her eight consecutive Union Budget on Saturday. From business tycoons to Startup CEOs, everyone from the corporate sectors will be waiting for budget announcements with bated breath.

The Union Budget 2025-26 announcements may focus on boosting business of companies in banking, IT, manufacturing, retail, pharmaceuticals, finance, artificial intelligence, EV, automobile sectors. Stay tuned to get the latest updates on corporate reactions on Budget 2025 announcements.

Union Budget 2025 today

Finance Minister Nirmala Sitharaman is set to present Union Budget 2025, her eight consecutive budget. The budget will play a crucial role in curbing India’s inflation woes and is expected to provide necessary boost in the wake of softening GDP numbers. From tax payers to CEOs, and MDs of different corproate firms will be keenly watching FM Nirmala Sitharaman’s announcements.

The budget session started in the Parliament on Friday when Nirmala Sitharaman tabled the Economic Survey. The survey, tabled a day before the union budget, highlights that the country’s economic fundamentals remain strong, supported by a stable external account, fiscal consolidation, and private consumption

It noted that the government plans to strengthen long-term industrial growth by focusing on research and development (R&D), micro, small, and medium enterprises (MSMEs), and capital goods.

These measures aim to enhance productivity, innovation, and global competitiveness.

“The fundamentals of the domestic economy remain robust, with a strong external account, calibrated fiscal consolidation and stable private consumption. On balance of these considerations, we expect that the growth in FY26 would be between 6.3 and 6.8 per cent,” it said.

Union Budget 2025: How it can impact corporate sector in India?

The Union Budget 2025 can impact businesses in industry sectors like artificial intelligence, sustainability, renewable energy, fintech, railways, aviation, banking and finance, etc. Corporate India is also hoping for favourable announcements related to corporate taxes, skill development, GST reduction, manufacturing and supply.