Union Budget 2025 Simplified! INDIA
The wait is over! India’s Union Budget 2025 is here, and we’ve broken it down for you in simple terms. Whether you’re a taxpayer, business owner, or just curious, here’s what you need to know:
Key Highlights of Union Budget 2025 🌟
1️⃣ Income Tax Reforms 💸
The budget introduces revised tax slabs under the updated tax regime:
- Income up to ₹4 lakh: Nil
- ₹4 lakh to ₹8 lakh: 5%
- ₹8 lakh to ₹12 lakh: 10%
- ₹12 lakh to ₹16 lakh: 15%
- ₹16 lakh to ₹20 lakh: 20%
- ₹20 lakh to ₹24 lakh: 25%
- Above ₹24 lakh: 30%
Big Relief! Individuals earning up to ₹12.75 lakh annually will not pay any income tax, thanks to a standard deduction benefit of ₹75,000.
2️⃣ Infrastructure Push 🏗️
- ₹10 Lakh Crore allocated for infrastructure projects, including highways, railways, and smart cities.
- Focus on green energy and sustainable development.
3️⃣ Agriculture & Rural Development 🌾
- Farmers’ Income Support: Increased allocation for PM-KISAN scheme.
- Rural Jobs: MGNREGA budget hiked to create more employment opportunities.
4️⃣ Healthcare & Education 🏥📚
- Ayushman Bharat: Expanded to cover more beneficiaries.
- Education: Focus on digital learning and skill development programs.
5️⃣ Defense & Technology 🛡️💻
- Defense Budget: Increased to strengthen national security.
- Tech Innovation: Funds allocated for AI, quantum computing, and startups.
6️⃣ Green India Initiative 🌿
- Renewable Energy: Major push for solar and wind energy projects.
- Electric Vehicles: Subsidies for EV buyers and charging infrastructure.
What’s in it for YOU? 🤔
- Middle Class: Tax reliefs and affordable housing schemes.
- Entrepreneurs: Easier loans and lower taxes for startups.
- Farmers: Higher subsidies and better irrigation facilities.
- Youth: More job opportunities and skill development programs.
The Big Picture 🖼️
The Union Budget 2025 focuses on growth, inclusivity, and sustainability. It aims to boost the economy while ensuring benefits reach every section of society.
📊 Quick Stats:
- Total Budget Size: ₹50 Lakh Crore
- Fiscal Deficit Target: 4.5% of GDP
What are your thoughts on the Budget 2025? Let us know in the comments! 👇
Download Full Union Budget 2025, click here
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