Budget 2025-26 Highlights: Key Announcements and Major Changes; Download PDF!

Treasury Minister Nirmala Sitharaman put forward a history of 2025-26 in the parliament on February 1, 2025, thereby creating history. This is the eighth consecutive consecutive budget proposed by Treasury Minister Nirmala Sitharaman. It is expected that the budget will be major allocated to various departments such as agriculture, industry, health and education, and aims to provide relief and create employment opportunities for ordinary public. The budget is also essential for achieving “Atmanirbhar Bharat”.

Keep in touch with us and update all key information related to budget.

You are watching: Budget 2025-26 Highlights: Key Announcements and Major Changes; Download PDF!

The key point of budget 2025: The latest update of the budget 2025, please download the official PDF here!

Budget 2025 key points and updates

The union cabinet has approved the 2025 budget before the demonstration, and you can find the latest update here.

FM declares the rationalization of pit reforms, the rationalization of TD and TCS

Sitharaman announced that PIT reform, the rationalization of TD and TC, reduced the burden of compliance. The government has announced the basic tariffs (BCD) of cobalt powder, lithium -ion battery waste and waste, lead, zinc and other 12 basic minerals. In addition, it will add 35 items related to electric vehicle (EV) battery manufacturing and 28 items for mobile phone battery production, and will be added to the exempt capital list.

Emphasize zero economy

FM Nirmala Sitharaman announced that it will provide ID cards for 10 million staff, mainly working on working cards working on platforms such as SWIGGY, Zomato, Zomato, Zepto and BigBasket.

This initiative will allow them to recognize and provide them with social security benefits.

• In addition, workers will be covered by PM Jan Arogya Yojana and are easier to register through the E-Shram portal.

• The growth of the development and the fast business industry has increased, and the industry has increased to $ 6 billion in four years.

• Development may improve social security in the field of online business.

The new tax bill will be simple and clear

The drafting of the new income tax bill is simple and has a clear language to ensure that it is easy to understand the taxpayer and the tax administrator. Its transparent verbal aims to eliminate ambiguity and make it easier for everyone to access and user -friendly.

The aid plan of the Pharmaceutical Company should be exempted from BCD

As long as the patients provide drugs for free, the aid plan for the pharmaceutical company can be exempted from BCD. In addition, 37 new drugs and 13 new patient assistance programs will be added.

Budget announcement

department	announcement	Details/comment
Income tax	New income tax system	-The revenue of up to 120,000 rupees: no taxless -The 80,000 to 120,000 rupees: 10 % -160,000 to 160,000 rupees: 15 % -16-2 million rupees: 20 % -The 20-250,000 rupees: 25 % -Dears of more than 2.2 million rupees: 30 %
	Rent TD	The annual limit rose from 240,000 rupees to 600,000 rupees
	The tax reduction and exemption of the elderly	The limit has doubled to reach 10,000 rupees
	Tax taxpayer’s tax	No need to pay 1.275 million rupees of income income tax
	Income tax is as high as 400,000 rupees	Set at 0 % under the new system
Startup	Interest continues	Since its establishment, the interests of startups will last for five years
Bank/Insurance	Grand Credit Rating Framework	Established for rural India
	Foreign direct investment in the insurance field	Restricted to 100 %
housing	Housing fund	See more : What is CR450 Prototype? China’s New Bullet Train Breaks Records with 450 km/h Speed Limit Complete 1.5 billion rupees of allocating 10,000 rupees of housing units
agriculture	Atmanirbharta in oil seeds	Six years mission start
	Cotton output improvement	Five -year mission start
	Kisang Credit Card	The loan limit increased from 300,000 rupees to 500,000 rupees
educate	Atal repair laboratory	Establish in school
	Broadband Internet	Official middle school
	IIT infrastructure	Additional infrastructure to improve student abilities; IIT PATNA must expand
Hygiene	Nikko Cancer Center	Established in all regional hospitals; 200 centers in the 200 fiscal year
	Responsibilities to save life drugs	Six kinds of life -saving drugs can bear 5 % liability; 36 drugs are exempted from basic tariffs
Grow	MSME Credit Guarantee	The coverage from 50 million rupees to 10 million rupees
Infrastructure	PPP mode project	Three -year projects can be implemented in PPP mode
	Non -interest loan	1.5 billion rupees for the implementation of infrastructure reform for each state
	Regional airport	More than 100 new regional airports planned in the next ten years
	Udan 2.0	Connect to 120 new airports, focusing on the Northeast and Biharbon
Consumption tax/customs	Export promotion task	Settings are easier to access export credit
	Tariff rate	It is proposed to delete seven tariff rates, and there are eight left
economy	See more : Optical Illusion: If you have eagle eyes find 267 among 287 in 8 Seconds? Investment Friendship Index	Promote competition between the country
	Fiscal deficit	The fiscal deficit target revised in 20025 is set to 4.8 %
	Capital expenditure	Set to 10.18 billion rupees
Women’s development	Female entrepreneurs’ regular loans	The first entrepreneurs from SC/ST and backward categories can get up to 20 million rupees of rupees
Rural India	Nutritional support	For more than 80 million children and 10 million mothers
Make India	National Manufacturing Mission	Provide policy support and monitoring framework
	Cleaning technology manufacturing task	The new plan was launched
	Nuclear mission	Focus on research and development
Water management	Jal jeevan task	Extend to 2028
technology	AI Excellence Center	Established with the distribution of 5 billion rupees
	Electric electric battery manufacturing	Extra -capital goods produced
travel	Visa fee exemption	For some tourist groups

Why is budget 2025 important?

Budget in 2025 is crucial because it proposes strategic distribution and reform to promote economic growth, create employment opportunities and strengthen social welfare plans. The focus is on the development of inclusive development and improved the living standards of citizens.

Expectation of tax policy changes

Budget 2025-26 Focus on key issues, such as tax policies, priority and subsidies for expenditure. One of the main expectations is to revise the tax board, mainly to provide relief for the middle class.

Promote the new tax system

The government is considering improving the standard deduction limit of the new tax system. This will encourage more taxpayers to transfer from the old tax system to a new tax system, thereby simplifying the tax structure.

Possible changes in tax boards

A 25 % new tax board can be introduced for income between 2 million rupees and 2.5 million rupees.

The basic exemption limit of income tax can be increased to 500,000 rupees.

According to Article 80D of the new tax system, the elderly may obtain additional tax reduction and exemption.

The importance of financial stability

Correct management of fiscal policies can significantly improve the state’s financial situation, and poor management can lead to unstable. Observing basic services such as how to manage taxes, education, health, and subsidies in this budget will be crucial.

Trade union budget 2025-26 is an important step towards promoting economic growth and social welfare. With the expected tax policy, the distribution of specific departments and the expected changes in the financial stability initiative, the budget will have a long -lasting impact on the development of India in the next few years. Keep the connection to get the latest update and download the complete PDF to obtain detailed information about all key highlights and announcements.

Source: https://dinhtienhoang.edu.vn
Category: Optical Illusion