The Indian Budget 2025

 The Indian Budget 2025 boosts economic growth with ₹12 lakh tax-free income, ₹1 lakh senior citizen interest deduction, and ₹6 lakh TDS rent threshold. ₹500 crore funds AI research, 100 low-productivity districts get agricultural aid, and railway modernization expands tracks. ₹2 crore loans support SC/ST women entrepreneurs, while BharatNet enhances digital access.

Union Budget (2023-2026)

Category	2023-24 Actuals	2024-25 Budget Estimates	2024-25 Revised Estimates	2025-26 Budget Estimates
Revenue Receipts	₹27.29 lakh crore	₹31.29 lakh crore	₹30.88 lakh crore	₹34.20 lakh crore
Tax Revenue (Net to Centre)	₹23.27 lakh crore	₹25.83 lakh crore	₹25.57 lakh crore	₹28.37 lakh crore
Non-Tax Revenue	₹4.02 lakh crore	₹5.46 lakh crore	₹5.31 lakh crore	₹5.83 lakh crore
Capital Receipts	₹17.14 lakh crore	₹16.91 lakh crore	₹16.29 lakh crore	₹16.45 lakh crore
Total Expenditure	₹44.43 lakh crore	₹48.21 lakh crore	₹47.16 lakh crore	₹50.65 lakh crore
Revenue Expenditure	₹34.94 lakh crore	₹37.09 lakh crore	₹36.98 lakh crore	₹39.44 lakh crore
Capital Expenditure	₹9.49 lakh crore	₹11.11 lakh crore	₹10.18 lakh crore	₹11.21 lakh crore
Revenue Deficit	₹7.65 lakh crore (2.6% GDP)	₹5.80 lakh crore (1.8% GDP)	₹6.10 lakh crore (1.9% GDP)	₹5.23 lakh crore (1.5% GDP)
Fiscal Deficit	₹16.55 lakh crore (5.6% GDP)	₹16.13 lakh crore (4.9% GDP)	₹15.70 lakh crore (4.8% GDP)	₹15.69 lakh crore (4.4% GDP)
Primary Deficit	₹5.91 lakh crore (2.0% GDP)	₹4.50 lakh crore (1.4% GDP)	₹4.32 lakh crore (1.3% GDP)	₹2.92 lakh crore (0.8% GDP)

 

Table of Union Budget 2025-2026:

Category	Key Allocations & Highlights
Revenue Receipts	₹34.38 lakh crore (₹19.63 lakh crore from tax revenue, ₹14.75 lakh crore from non-tax revenue)
Capital Expenditure	₹13.70 lakh crore (focus on infrastructure, healthcare, and education)
Fiscal Deficit Target	5.8% of GDP (down from 6.4% in 2024-2025)
New Schemes	PM-JANMAN for tribal welfare
Sectoral Allocations	Agriculture – ₹1.25 lakh crore Health – ₹83,000 crore Education – ₹1.12 lakh crore Infrastructure – ₹10.22 lakh crore

Key highlights and sectoral impact of the Indian Budget 2025:

Category	Key Announcements
Tax Reforms and Relief	- No income tax for individuals earning up to ₹12 lakh - Increased tax deduction on interest income for senior citizens (₹50,000 → ₹1 lakh) - Higher TDS threshold on rent (₹2.4 lakh → ₹6 lakh) - Adjustments in TDS/TCS rates to ease compliance
Agriculture	- Program for 100 low-productivity districts - High-yield seed introduction - Fisheries support for blue economy
Infrastructure	- Increased allocation for railway modernization - Expansion of railway tracks & new Vande Bharat trains
Education & Innovation	- ₹500 crore for AI Centres of Excellence - Push for smart learning technologies
Healthcare	- Daycare cancer centers in all district hospitals - Gig workers covered under PM Jan Arogya Yojana
Economic Growth & Fiscal Policies	- Increased capital expenditure for long-term growth - Support for startups & MSMEs via tax incentives - Proposal for a new Income Tax Bill
Social Welfare Initiatives	- Saksham Anganwadi & POSHAN 2.0 for children & mothers - SC/ST women entrepreneurs: term loans up to ₹2 crore
Digital & Financial Inclusion	- BharatNet project: broadband for all government schools & health centers - New digital personal data protection policy

This budget focuses on economic growth, infrastructure, digital transformation, and social welfare while ensuring tax relief and fiscal consolidation.