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Home > Budget 2025

Govt hikes I-T exemption limit to Rs 12 lakh per annum under New Tax Regime

Limit for tax deduction on interest income to be doubled to Rs 1 lakh for senior citizens; limit for TDS on rent to be increased to Rs 6 lakh

Govt exempts TCS for remittances for education purposes in cases where education loan is taken from specified financial institutions

PM Dhan-Dhaanya Krishi Yojana for developing Agri Districts Programme to cover 100 districts with low productivity

Medical tourism in India to be promoted in partnership with private sector

Govt to provide mudra loans to homestays, improving ease of travel and connectivity to tourist destinations

Additional borrowing of 0.5 pc of state GDP to be allowed to strengthen electricity distribution & transmission companies

Govt to allocate Rs 10,000 cr under Urban Challenge Fund for 2025-26 fiscal

Asset monetisation plan 2025-30 will be launched to infuse Rs 10 lakh crore capital in new projects

Budget outlay for Jal Jeevan Mission enhanced to achieve 100 per cent coverage: FM Sitharaman

What gets cheaper

Check Icon Import of drugs and medicines: 36 life-saving drugs for Cancer, rare diseases and other severe chronic diseases to be fully exempted from Basic Customs Duty (BCD)
Check Icon Raw materials for manufacturing ships for another 10 years
Check Icon Cobalt products such as powder and waste, the scrap of the lithium-ion battery, Lead, Zinc and 12 more critical minerals
Check Icon Electronic Goods: Open Cells
Check Icon Telecommunication: Carrier Grade ethernet switches
Check Icon Income tax payers with annual income of Rs 12 lakh will get benefit of Rs 80,000

What gets costlier

Cross Icon Flat panel display
Cross Icon Knitted fabrics
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BMC Budget LIVE: Mumbai civic body unveils education budget of Rs 3,955.64​ cr

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