The Budget also placed a strong emphasis on the gig economy, a sector that plays a crucial role in last-mile deliveries using electric two-wheelers
The Treasury Benches erupted with joy when the restructuring in income-tax slabs was announced, breaking spontaneously into chants of "Modi, Modi"
Public spending on capital expenditure remains a priority due to its strong multiplier effect on economic growth, Finance Minister Nirmala Sitharaman said at the post-Budget press briefing
Nirmala Sitharaman's Budget 2025 puts Makhana in the spotlight, sparking buzz around Nikhil Kamath's viral post on its Rs 6,000 crore global growth potential
Budget 2025: Stills from movies like Krrish, Welcome, and television series were being shared widely to encapsulate the sentiment of the taxpayers
The standard deduction was last hiked in Interim Budget 2024, but only in the new tax regime
Budget 2025 Highlights: As expected, the union government has very little room for fiscal maneuvering and has tried to maintain a fine balance
The Opposition has slammed Budget 2025 as 'all about Bihar elections', calling it biased and neglectful of common people, the middle class, and key states
The government on Saturday allocated Rs 2,873,33.16 crore for the road transport and highways ministry for 2025-26, marginally 2.41 per cent up from last year's outlay of 2,805,18.80 crore. Finance Minister Nirmala Sitharaman on Saturday also increased the allocation to state-owned National Highways Authority of India (NHAI) to Rs 1,878,03 crore from last year's Rs 1,693,71 crore. The NHAI's total debt at the beginning of the current fiscal year was pegged at Rs 3.35 lakh crore, which stood about Rs 2.76 lakh crore at the end of third quarter of FY25. The Budget for 2025-26 makes no provision for borrowings by the NHAI for the next financial year, to reduce the highway developer's debt.
Under the SWAMIH Fund, 50,000 dwelling units in stressed housing projects have been completed, and keys handed over to homebuyers
The reforms are part of the Government's broader strategy to stimulate consumption, enhance ease of doing business and boosting economic growth
Union Budget 2025 revises TCS rates on foreign remittances, reducing the tax burden on students funding overseas education through loans or personal savings
Budget 2025: Following the Budget presentation, Prime Minister Narendra Modi congratulated Finance Minister Nirmala Sitharaman and her team for presenting a 'people's Budget'
The government said people earning up to Rs 12.8 lakh ($14,800) per year will not have to pay any taxes, raising its threshold from Rs 700,000
No tax on income up to ₹12 lakh, revised tax slabs, senior citizen benefits, and homeowner relief announced by FM Nirmala Sitharaman to ease the financial burden on the middle-class
With a focus on healthcare, defence, agriculture, maritime, and education, the Budget aims to enhance infrastructure, boost self-reliance, and foster long-term growth
Union Budget 2025: This Budget reflects a move towards fiscal consolidation, with lower reliance on borrowings and higher revenue from direct taxes
Additionally, Union Minister Jyotiraditya Scindia added that it is a composite budget that will take India forward
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 .
Finance Minister Nirmala Sitharaman in her budget speech announced an increase in the money allocated to Saksham Anganwadi and Poshan 2.0 scheme, in her 8th Budget presentation