Our team of seasoned tax and policy professionals is dedicated to decoding and analyzing the intricacies of Budget 2025-26, providing you with actionable insights and a comprehensive understanding of its implications. With years of expertise in navigating complex fiscal policies, we break down the budget’s key components, including tax reforms, economic priorities, and sector-specific allocations, to help businesses and individuals make informed decisions. Whether you’re a corporate leader, investor, or policymaker, our in-depth analysis ensures you stay ahead in a rapidly evolving economic landscape.
On February 1, 2025, Finance Minister Nirmala Sitharaman presented India’s Union Budget for the fiscal year 2025-26, emphasizing tax reforms, agricultural development, and infrastructure investment to stimulate economic growth and support the middle class.
Key Highlights:
Tax Reforms:
- Income Tax Relief: The budget proposes raising the nil tax slab threshold to ₹12 Lakh annually, with a maximum tax rate of 30% applied to incomes of ₹24 Lakh and above under the new tax regime.
Agriculture and Rural Development:
- Pulses and Cotton Production: A six-year mission to boost pulses output and a five-year mission for cotton production have been launched to enhance farm productivity.
Infrastructure and Manufacturing:
- Capital Expenditure: The government has allocated ₹11.2 Lakh crore for capital spending in 2025-26, focusing on infrastructure development.
- National Manufacturing Mission: A new mission has been established to provide policy support and further the ‘Make in India’ manufacturing program.
Fiscal Projections:
- GDP Growth and Fiscal Deficit: The government anticipates a nominal GDP growth of 10.1% and aims to reduce the fiscal deficit to 4.4% of GDP in 2025-26.
This budget reflects the government’s commitment to bolstering the economy through tax relief, support for agriculture, and significant investments in infrastructure and manufacturing.
Webinar
With Union Budget 2025 setting the stage for key tax reforms, understanding its implications is crucial for businesses. This webinar brings together tax experts to dissect policy changes, analyse critical provisions, and explore their practical impact on corporate taxation, transfer pricing, and indirect taxes, helping businesses navigate the evolving regulatory landscape.
