Union Budget unveils sector-wise plans for growth, income tax rebate | Photos

by

Published on Feb 01, 2025 04:34 PM IST

  • The Union Budget was presented in parliament by finance minister Nirmala Sitharaman, with a pro-growth and inclusive development perspective

/

The Union Budget 2025 was presented by finance minister Nirmala Sitharaman in parliament today, dubbed as a budget for the ‘middle class' of the country. The Budget focused on agriculture, manufacturing, employment, MSMEs, uplifting rural areas and innovation(PTI)
expand-icon
View Photos in a new improved layout

Published on Feb 01, 2025 04:34 PM IST

The Union Budget 2025 was presented by finance minister Nirmala Sitharaman in parliament today, dubbed as a budget for the ‘middle class’ of the country. The Budget focused on agriculture, manufacturing, employment, MSMEs, uplifting rural areas and innovation(PTI)

/

One of the biggest takeaways from the Union Budget was the introduction of tax relief for all those whose income was below 12 lakh.(HT)
expand-icon
View Photos in a new improved layout

Published on Feb 01, 2025 04:34 PM IST

One of the biggest takeaways from the Union Budget was the introduction of tax relief for all those whose income was below 12 lakh.(HT)

/

The Budget 2025 also introduced new tax slabs  - starting from no tax from 0 to <span class=₹4 lakhs and 30% tax above ₹24 lakhs as salary. (Francis Mascarenhas/Reuters)” />
expand-icon
View Photos in a new improved layout

Published on Feb 01, 2025 04:34 PM IST

The Budget 2025 also introduced new tax slabs  – starting from no tax from 0 to ₹4 lakhs and 30% tax above ₹24 lakhs as salary. (Francis Mascarenhas/Reuters)

/

The agricultural sector saw a total allocation for <span class=₹1.27 lakh crore, which is 2.9% less than the ₹1.31 lakh crore allocated in 2024-25.(Shiva Sharma/PTI)” />
expand-icon
View Photos in a new improved layout

Published on Feb 01, 2025 04:34 PM IST

The agricultural sector saw a total allocation for ₹1.27 lakh crore, which is 2.9% less than the ₹1.31 lakh crore allocated in 2024-25.(Shiva Sharma/PTI)

/

The finance minister also announced the PM Dhandhanya Krisihi Yojna will cover 100 districts with low productivity and cover 1.7 crore farmers. The programme will be launched with states to increase ample opportunities. (Arun Sankar/AFP)
expand-icon
View Photos in a new improved layout

Published on Feb 01, 2025 04:34 PM IST

The finance minister also announced the PM Dhandhanya Krisihi Yojna will cover 100 districts with low productivity and cover 1.7 crore farmers. The programme will be launched with states to increase ample opportunities. (Arun Sankar/AFP)

/

Finance minister Nirmala Sitharaman also said that the investment limit for the classification of micro, small and medium enterprises (MSMEs) would be increased 2.5 times. She added that such MSMEs will also have their credit guarantee cover enhanced from <span class=₹5 core to ₹10 crore.(HT)” />
expand-icon
View Photos in a new improved layout

Published on Feb 01, 2025 04:34 PM IST

Finance minister Nirmala Sitharaman also said that the investment limit for the classification of micro, small and medium enterprises (MSMEs) would be increased 2.5 times. She added that such MSMEs will also have their credit guarantee cover enhanced from ₹5 core to ₹10 crore.(HT)

/

The government increased allocation to the SWAMIH Fund 2 of <span class=₹15,000 crores for an additional 1 lakh units to provide relief to thousands of homebuyers whose real estate projects have been delayed.(HT)” />
expand-icon
View Photos in a new improved layout

Published on Feb 01, 2025 04:34 PM IST

The government increased allocation to the SWAMIH Fund 2 of ₹15,000 crores for an additional 1 lakh units to provide relief to thousands of homebuyers whose real estate projects have been delayed.(HT)

/

The Indian Railways’ capital expenditure for 2025-26 has been kept unchanged at <span class=₹2.52 lakh crore for the second year in a row, with a focus on safety and electrification.(HT)” />
expand-icon
View Photos in a new improved layout

Published on Feb 01, 2025 04:34 PM IST

The Indian Railways’ capital expenditure for 2025-26 has been kept unchanged at ₹2.52 lakh crore for the second year in a row, with a focus on safety and electrification.(HT)

/

The National Mission for a Green India, which works to expand forest cover, protect existing forests and prevent wildfires, will receive <span class=₹220 crore in 2025-26, an increase from ₹160 crore last year.(Unsplash)” />
expand-icon
View Photos in a new improved layout

Published on Feb 01, 2025 04:34 PM IST

The National Mission for a Green India, which works to expand forest cover, protect existing forests and prevent wildfires, will receive ₹220 crore in 2025-26, an increase from ₹160 crore last year.(Unsplash)

/

The Sensex closed up by 5 points after the Budget and Nifty stayed red, down by 22 points. The markets were extremely volatile after the Union Budget speech.(Rajanish Kakade/AP)
expand-icon
View Photos in a new improved layout

Published on Feb 01, 2025 04:34 PM IST

The Sensex closed up by 5 points after the Budget and Nifty stayed red, down by 22 points. The markets were extremely volatile after the Union Budget speech.(Rajanish Kakade/AP)

Leave a Comment