#Union Budget

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Read Our Blog to know what are the key changes in the new Union Budget 2023. What are the major changes in Tax Regime. 

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I Asked DeepSeek: "Which Sectors to Watch During the Union Budget?" Here's What It Said…

The Union Budget is one of the most anticipated events in India’s financial landscape, shaping government policies, taxation, and sectoral growth opportunities. For investors and traders, it serves as a key indicator of market direction, influencing stock prices based on budgetary allocations and reforms. As the next budget approaches, here are the crucial sectors to monitor:

1. Infrastructure & Capital Goods

Government spending on roads, railways, ports, and urban development often sees a boost. Look for:

Higher budget allocations for infrastructure projects.

Public-private partnership (PPP) incentives.

Green energy infrastructure support.

2. Banking & Financial Services

This sector reacts to fiscal deficit, credit growth, and taxation policies. Watch for:

NPAs (Non-Performing Assets) resolutions.

MSME lending support.

Tax reforms impacting investments.

3. Automobiles

Key triggers include:

GST rate revisions for vehicles.

EV incentives like subsidies and tax cuts.

Rural development spending boosting two-wheeler and tractor demand.

4. Renewable Energy

With India’s sustainability goals, look for:

Incentives for solar, wind, and hydrogen energy.

Energy storage and EV infrastructure policies.

5. Real Estate & Housing

Affordable housing schemes.

Home loan tax benefits.

Liquidity measures for developers.

Want deeper insights? Definedge is hosting a FREE Union Budget webinar with Prashant Shah! Register now to uncover actionable opportunities.

Find Full Blog: I asked DeepSeek – “Sectors to Watch During the Union Budget” Here is the reply…

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Union Budget 2025: What’s Changed from Last Year?

Chinmay Finlease knows that the beginning of each year drives everyone’s attention to the budget of the year. The introduction of a budget creates concern and expectations for taxpayers, salaried employees, business persons, industrialists and each person in India.

While Hon’ble Finance Minister Nirmala Sitharaman has recently introduced the budget in Lok Sabha for the year 2025-26. The budget is an effort by the government to accelerate the growth of the nation, securing inclusive development, strengthening private sector investments and enhancing the expenditure power of the middle-class people of India.

The key expectations from the budget for this year were focused on simplified taxes, economic development and other key sectors. This brief guide shows you the major changes and the comparison of Union Budget 2024 and union budget 2025.

What is the Union Budget?

The Union budget is an official financial statement by the Government of India, presented every year by the financial minister.

When the Union Budget 2025 was introduced?

1 February, 2025, Saturday

What Is Included in a Budget?

Estimating Revenue: This section includes direct and indirect taxes on various goods and services and non-tax revenue.

Capital Budget: It includes infrastructure investments and long-term development projects.

Planning Expenditure: This includes expenses that will be made by the government on various sectors like defence, education, healthcare, infrastructure, and social welfare.

Receipts: These consist of tax revenue, non-tax revenue, and borrowings.

Key Purposes of Budget

Economic Growth and Stability

Resource Allocation

Social Welfare

Investment & Deficing Management

Revenue Generation

What to Expect for Salaried Professionals

No tax for citizens with annual income up to ₹12.75 lakh under the new tax regime

Comparison of Union Budget 2024-25 and 2025-26

Category 

Union Budget 2024-25

Union Budget 2025-26

Economic Development

Focused on self-reliance (Atmanirbhar Bharat) & MSMEs, employment, skilling, and middle class

Emphasising the Vision for "Viksit Bharat" with increased private sector investment

Agriculture & Rural Development

₹1,22,528.77 Crore allocated

PM Kisan Yojana continued

₹ 1.37 lakh crore allocated

Expanded Kisan Credit Card (₹5 lakh credit to 7.7 crore farmers)

 Improve research, develop seeds that resist pests and climate challenges

Increase the availability of over 100 new seed varieties

PM Dhan Dhaanya Krishi Yojana

MSMEs & Startups

₹50,000 crore allocated for MSMEs

MUDRA limit doubled ₹20 lakhs from ₹10 lakhs.

Increased credit guarantee cover of ₹ 20 Crore

Customized credit card limit ₹5 lakh for microenterprises

₹2 crore loans for first-time entrepreneurs

Education & Healthcare

Expansion of medical colleges & skill development

1.48 lakh crore to education, employment and skill development

50,000 Atal Tinkering Labs, 10,000 more medical seats

AI Centres of Excellence

₹ 500 crore to setting up a Centre of Excellence in AI for education

Infrastructure & Urban Development

₹10 lakh crore capital outlay

PM Gati Shakti Plan

₹1 lakh crore Urban Challenge Fund

New Greenfield Airports

₹530 crore UDAN expansion

Tax Reforms & Benefits

Simplified tax slabs

focus on digital tax filing

Higher deductions for senior citizens

Higher TDS limit on rent

Revised Tax Slabs with progressive rates

No tax for citizens with annual income upto ₹ 12 lakhs

Banking & Financial Sector

FDI in insurance is capped at 74%

INR 3,500 crores for the incentive scheme, with INR 3,000 crores for BHIM-UPI and INR 500 crores for RuPay debit cards

FDI in insurance increased to 100%

Grameen Credit Score System

Defence & National Security

₹6.21 lakh crore allocation including pension

rises by 9.53% to ₹6.81 lakh crore, focusing on pensions, salaries, and modernisation

Nuclear Energy Mission

Gig Economy & Worker Welfare

Limited formal provisions

a comprehensive framework to extend formal recognition and social security benefits

Improving social security for gig workers and healthcare access

Investments & Employment

₹15,000 crore for Affordable and Mid-income Housing (SWAMIH)

 Rs 6,323 crore and RE of Rs 6,350 crore

₹20,000 crore for R&D

Expanded tourism sector

SWAMIH Fund-2 for housing, R&D budget remains unchanged

Revenue & Expenditure

Estimated to be Rs 32,07,200 crore

Estimated at ₹16.13 Lakh crore, or about 4.9 per cent of GDP

Estimated to be Rs 34,96,409 crore, an increase of 11.1% over the revised estimates for 2024-25.

Fiscal deficit estimated at 4.4% of GDP

Conclusion

The Union Budget for fiscal year 2025-26 has been built upon the framework of fiscal year 2024-25 by bringing into focus higher investments, increased credit availability, improved taxation benefits, and enhanced support for innovation, infrastructure, and national security.

Source Link: Difference Between Union Budget

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केंद्रीय बजट में हिमाचल के लिए 11,806 करोड़ का किया गया प्रावधान, रवनीत सिंह बिट्टू बोले, मिडल क्लास को होगा लाभ

#News केंद्रीय बजट में हिमाचल के लिए 11,806 करोड़ का किया गया प्रावधान, रवनीत सिंह बिट्टू बोले, मिडल क्लास को होगा लाभ

Himachal News: केंद्रीय बजट में हिमाचल प्रदेश के लिए 11,806 करोड़ रुपये का प्रावधान किया गया है और इससे प्रदेश के विकास को नई दिशा मिलेगी। साथ ही देश के मिडल क्लास के लिए यह बजट किसी वरदान से कम नहीं है। यह बात केंद्रीय रेल और खाद्य प्रसंस्करण उद्योग राज्य मंत्री रवनीत सिंह बिट्टू ने शनिवार को शिमला में आयोजित पत्रकार वार्ता में कही। उन्होंने बताया कि केंद्र सरकार ने ‘विकसित भारत 2047’ का रोडमैप…

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Budget 2025: Relief for homeowners as no tax on second self-occupied house

The Union Budget 2025 presented brought good news for homeowners, as Finance Minister Nirmala Sitharaman announced new tax benefits.

Source: bhaskarlive.in

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निर्मला सीतारमण का बजट (Budget 2025): साहसिक नीति या अल्पकालिक रणनीति?

भारत की वित्त मंत्री निर्मला सीतारमण द्वारा प्रस्तुत केंद्रीय बजट (Budget 2025) ने व्यापक चर्चा को जन्म दिया है। इस बजट में मध्यवर्गीय करदाताओं को बड़ी राहत देने के साथ-साथ बिहार जैसे राज्यों के लिए विशेष पैकेजों की घोषणा की गई है। हालांकि, यह बहस का विषय बना हुआ है कि क्या यह बजट दीर्घकालिक आर्थिक सुधार का एक साहसिक कदम है, या यह केवल अल्पकालिक राहत देने वाला एक अस्थायी उपाय मात्र है। इस…

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Union Budget 2025 Expectations: What’s There for Defence and Tourism

Union Budget 2025 will be an important event for fueling the country’s growth Investors, business owners and stakeholders have many expectations from this Budget 2025.

Read more..

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Why Does India's Financial Year Start from 1st April?

India’s financial year runs from 1st April to 31st March, a timeline steeped in historical significance and practical considerations.

This cycle was inherited from British colonial rule, designed to align with India’s agricultural seasons and facilitate tax collection post-harvest.

Additionally, it synchronizes with the Union Budget, announce in February, ensuring smooth economic planning and execution.

Globally, this timeline aligns with reporting by organizations like the World Bank and IMF, enhancing India’s financial credibility.

Want to dive deeper into the origins and impact? Read the full blog here!

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Deep Dive into India's Budget 2024

Get an in-depth look at the key updates and provisions across income tax, GST, MSME support, and more, to stay informed and make strategic decisions. Income Tax: Rates, Deductions, and Exemptions Tax Rates India’s income tax structure features four key tax slabs, with rates ranging from 0% for income up to ₹3,00,000 to 30% for income above ₹10,00,000. Senior citizens aged 80 and above enjoy a…

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Union Budget 2025-26: मध्यम वर्ग और बिहार को मिली बड़ी सौगात

पटना, 2 फरवरी 2025 – केंद्रीय वित्त मंत्री द्वारा प्रस्तुत केंद्रीय बजट 2025-26 को भारतीय जनता पार्टी के नेताओं और विशेषज्ञों ने विकसित भारत 2047 के लक्ष्य की दिशा में एक महत्वपूर्ण कदम बताया है। इस बजट में मध्यम वर्ग, किसानों, महिलाओं और युवाओं को राहत देने के लिए कई बड़ी घोषणाएं की गई हैं। मध्यम वर्ग को टैक्स में राहत बजट की सबसे बड़ी घोषणा 12 लाख तक की आय पर टैक्स छूट है, जिसे ऐतिहासिक कदम…