<h1>Union Cabinet Approves 2025-26 Budget; Finance Minister to Present Amid Economic Slowdown and Calls for Tax Relief</h1> The Union Cabinet, led by the Prime Minister, approved the Union Budget for 2025-26. The Finance Minister is set to present her eighth Budget in the Lok Sabha amidst an economic slowdown, with growth at a four-year low of 6.4%, and demands for tax relief due to reduced consumption. This marks the second Budget of the current BJP-led NDA government in its third term. Continuing the recent tradition, the Budget will be presented in a paperless format, following the replacement of the traditional briefcase with a 'bahi-khata' in 2019.