Union Budget 2025's tax dilemma and expectations for Viksit Bharat

India Budget: The Union Budget 2025 is eagerly anticipated, with significant expectations from the banking and financial sectors. Key proposals include adjusting tax rates for foreign banks, abolishing Securities Transaction Tax (STT), extending tax benefits to NBFCs, and enhancing tax incentives for GIFT-IFSC. These changes aim to support India's economic growth and ease of doing business.