Finance Minister Nirmala Sitharaman discusses the rationale behind tax reforms in Budget 2025, including simplification of the tax system and phasing out of the old tax regime. She defends GST rates, explains capital expenditure plans, and addresses concerns about economic slowdown and global headwinds. Sitharaman also comments on customs duty rationalization and its implications for trade. Additionally, she addresses concerns about economic slowdown, crypto regulations, and state development. She highlights fiscal discipline, capital expenditure, and efforts to attract foreign investment. Sitharaman also discusses the focus on Bihar’s development and responds to questions about election-related schemes and freebies.
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