On February 1, 2025, Finance Minister Nirmala Sitharaman will present the Union Budget, a roadmap outlining the government’s financial and economic plans for the coming year. One of the most important documents related to the Budget is the Finance Bill.

What is the Finance bill?

The Finance Bill is an essential part of the Union Budget. It details the government's financial strategies, including taxation, revenue collection, expenditure plans, and borrowings for the upcoming year. Essentially, it gives legal backing to the government's proposed tax changes and adjustments in the Union Budget.