Union Home Minister Amit Shah on Saturday said the 2025-26 Union Budget 2025 is a blueprint of the Modi government's vision for building a developed country and that the middle class is always in Prime Minister Narendra Modi's heart.
Shah said the Budget covers every section from farmers to the middle class and every sector from nutrition and health, startups to innovation and investment. It is the roadmap for Modi's self-reliant India, he said.
"Zero Income Tax till Rs 12 Lakh Income. The proposed tax exemption will go a long way in enhancing the financial well-being of the middle class. Congratulations to all the beneficiaries on this occasion," the Union minister wrote on X with the hashtag 'ViksitBharatBudget2025'.
Congratulating Modi and Finance Minister Nirmala Sitharaman for the "comprehensive and visionary budget", Shah said, "Budget 2025 is the blueprint of the Modi government's vision towards building a developed and best India in every field." In a relief to the middle class, Sitharaman exempted annual income of up to Rs 12 lakh from income tax and rejigged tax slabs as part of her reformist Budget.
Presenting her eighth straight Budget in the Lok Sabha, she laid out a blueprint for next-generation reforms including raising the FDI limit in the insurance sector, simplification of tax laws and cutting duties on intermediaries while providing enhanced fiscal support for welfare measures.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)