Top 75 Highlights of Budget 2025 By FM Nirmala Sithraman

Top 75 Highlights of Budget 2025 By FM Nirmala Sithraman 

1. No Income Tax upto Income of Rs 12 Lakhs, New Slab Rates for all Taxpayers benfiting Middle Class

2. FM propose to introduce the New Income Tax Bill next week

3. New Bill be Half of the present Income Tax law in terms of chapters and words

4. TDS on Senior Citizen Rs 1 lakhs plus on interest TDS on Rent Rs 6 Lakhs onwards

5. 90 Lakhs filed updated returns Now you can file Income Tax Returns for past 4 years in ITR U

6. The focus is on inclusive development and boosting middle-class spending.

7. Budget aims to accelerate growth and unlock the nation's potential.

8. Budget will initiate reforms in primarily 6 domains — taxation, urban development, mining, financial sector, power and regulatory reforms.

9. Plant with annual capacity of 12.7 lakh metric tons to be set up at Namrup, Assam

10. 3 dormant urea plants in the Eastern region had been reopened

11. Investment limit for #MSME classification to be made 2.5 times. Turnover limits for MSME classification to be doubled

12. Government to provide support to National Cooperatives Development Corporation for its lending operations for cooperative sector

13. Kisan Credit Card: Facilitates loans for 7.07 crore farmers. Loan limit will be increased from Rs3 lakh to Rs5 lakh under KCC

14. Boosts Footwear, Leather & Toys Industry!

15. New scheme for footwear & leather sector to create 22 lakh jobs, ₹4L Cr revenue & ₹1.1L Cr+ exports.

16. Toys sector to get a dedicated scheme to make India a global manufacturing hub!

17.  Announces 5-year mission to promote cotton production

18. 5 national centres will be set up for skilling in partnerships in manufacturing. Expansion of capacity in IITs - 100% increase in last 10 years. Additional infra will be created for 6500 more students in new IITs.

19. New Fund of Funds for Startups to be set up

20. Fresh contribution of another ₹ 10,000 crore, in addition to existing government contribution of Rs. 10,000 crore.

21. New Scheme for 5 lakh Women, Scheduled Castes and Scheduled Tribes first-time entrepreneurs

22. Centre of excellence in #AI for education to be set up with outlay of Rs. 500

23. To add 75000 medical seats in next 5 years

24. The government will establish a national institute of food technology, entrepreneurship and management in Bihar.

25. Centre will launch a 6-year programme for Atamnirbharta in pulses

26. Credit guarantee cover to be enhanced for MSMEs and start-ups

27. 75 thousand seats will increase in IIT

28. Cancer hospital will open in every district Broadband facility will be available in primary schools

29. The government will create a ₹1 lakh crore Urban Challenge Fund aimed at transforming cities into growth hubs. The fund will finance 25% of the cost of bankable projects, with an allocation of ₹10,000 crore for 2025-26.The remaining 50% will be funded through bonds, bank loans, and public-private partnerships (PPPs).

30. FM announces Dhan Dhanya Krishi Yojna in partnership with states. Scheme to cover 100 Districts. Says 1.7 crore farmers will be benefited.

31. A new scheme has been launched to offer term loans with a five-year tenure, benefiting 5 lakh women from SC/ST communities.

32. The Finance Minister announced a dedicated scheme for India's footwear and leather sector, expected to generate employment for 22 lakh individuals, achieve a revenue of ₹4 lakh crore, and boost exports to over ₹1.1 lakh crore.

33. For the toys sector, the government will implement a scheme to make India a global manufacturing hub.

34. Saksham Anganwadi and Poshan 2.0 programs will provide vital nutritional support to 8 crore children, 1 crore mothers, and 20 lakh adolescent girls, focusing on lactating women, adolescent girls, and children.

35. 50.000 Atal Tinkering Laboratories (ATLs) will be set up in government schools in the next 5 years to foster scientific temper in young minds. Broadband connectivity is to be provided to all secondary schools.

36. Five National Centres of Excellence for Skilling will be established to equip the youth with the n