Union Budget 2025-2026: A Blueprint for Growth and Development
Union Budget 2025- 20 26: A Blueprint for Growth and Development The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, is a comprehensive plan for economic growth, job creation, and regional development along with providing significant tax relief to the middle class. The budget focuses on structural reforms across key sectors such as agriculture, MSMEs, taxation, infrastructure, and exports. It also prioritizes human capital development through education and healthcare investments. Special provisions have been introduced to promote regional growth, with a particular focus on Bihar, which ensures a balanced economic development across the country. One of the most notable features of this budget is the Change in the income tax system, which significantly reduces the tax burden on individuals, especially the middle class. The revised tax slabs offer substantial relief, allowing individuals earning up to ₹12 lakh annually (₹12.75 lakh for salaried...