India Union Budget 2025 Highlights ๐ Taxation Reforms: โ Income tax exemption limit raised to โน12 lakh (up from โน7 lakh) โ Revised tax slabs for incomes above โน12 lakh to simplify structure and reduce burden ๐พ Agriculture Boost: โ New 6-year mission to enhance pulse production โ Support for cotton farmers to improve yields and competitiveness ๐ก Middle-Class Support: โ Reduced customs duties on essential items like cancer drugs and furniture โ Measures to facilitate the purchase of second homes ๐ก Innovation & Startups: โ โน20,000 crore allocated for private sector-driven R&D โ Support for startups to foster innovation โก Infrastructure & Energy: โ Capital expenditure set at โน11.21 trillion to drive growth โ Mission to develop 100 GW of nuclear power by 2047 ๐ท Gig Economy Support: โ Identity cards for gig workers to improve access to healthcare and welfare The Budget 2025 aims to simplify taxes, support farmers, health. #UnionBudget2025 #EconomicGrowth #IndiaBudget #Finance
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