Budget 2025 Live Updates

Lok Sabha is expected to convene shortly for Finance Minister's Budget Speech.

  1. Budget aims for FY26 span 10 major areas - Boost manufacturing, employment, taxations, mining, agriculture, and rural development programs to help 1.7 crore people.
  2. Five-year mission for cotton productivity to rejuvenate India's textile sector.
  3. Credit guarantee cover for MSMEs enhanced to Rs 10 crore from Rs 5 crore. Investment and turnover limit for classification of MSMEs to be enhanced to 2.5 and 2 times respectively.
  4. New scheme for five lakh women, SC, ST first-time entrepreneurs providing loans of Rs 2 crore.
  5. Support to National Cooperatives Development Corporation for lending operations.
  6. Plans INR 100 billion Fund-of-Funds for startups.
  7. Expansion of capacity at five IIT institutes.
  8. Scheme for socio-economic upliftment of urban workers and Social Security Scheme for online platform workers.
  9. Focus Product Scheme for Footwear & Leather Sectors aiming employment for 22 lakh persons, turnover of Rs. 4 lakh crore, and exports of Rs. 1.1 lakh crore.
  10. Scheme to make India a Global Toys Hub for high-quality 'Made in India' toys.
  11. Establishment of National Institute of Food Technology & Management in Bihar to boost food processing industry, benefiting agri companies
  12. Focus Product Scheme for Footwear & Leather Sectors is expected to facilitate employment for 22 lakh persons, turnover of Rs. 4 lakh crore and exports of over, Rs. 1.1 lakh crore.
  13. Scheme to Make India A Global Toys Hub to create high-quality toys representing the 'Made in India' brand.
  14. The government will establish national institute of food technology, management in Bihar to bolster food processing activity. Positive for agri companies.
  15. Establishment of Notational Manufacturing mission
    focus on EV, batteries companies
  16. Employment for government will extend Jal Jeevan Mission until 2028 with enhanced outlay. Jal Jeevan Mission to focus on quality of infrastructure. – Water infra companies beeficaries
  17. Urban sector reforms to be incentivised. Urban Challenge Fund of Rs 1 lakh crore to be set up to finance up to 25% of bankable projects.
  18.  Development of at least 100 GW nuclear capacity by 2047 is essential. Nuclear Energy Mission for R&D of small modular reactors with Rs 20,000 crore outlay to be set up. Five small modular reactors to be operationalised by 2033. Positive for solar and power companies.
  19. Maritime development fund to boost Shipping Companies.
  20. Modified Udaan scheme to be launched to enhance regional connectivity. Udaan scheme to add 120 new destinations, carry four crore additional passengers in next 10 years. – Positive for airport infra companies.
  21. Greenfield airports to be facilitated in Bihar.
  22. .Medical tourism to be healed in India - healthcare companies
  23. Public and Private Infra to enhance infrastructure WORTH Rs1.5 lkahcr - Plans power sectors reforms.
  24. Focus on Tourism sector through Destination performance scheme - Hotels and leisure companies positive
  25. Reforms of mining sectors
  26. The government will allocate Rs 20,000 crore to implement private sector R&D and innovation
  27. India to start a national geo spatial mission to develop spatial data to modernize land records - Real estate negative
  28. Digital public infrastructure for international trade will be set up for financing solutions - fintech platforms positive
  29. National framework to be formulated as guidance for promoting capability centres in tier-2 cities
  30. FDI in Insurance to 100%- positive for insurance companies
  31. Nirmala Sitharaman said the government will introduce a new income tax bill next week.
  32. NABFID to set up partial credit enhancement facility for bonds for infra. Forum for regulatory coordination of pension products.
  33. Fiscal Deficit at 4.4% of GDP - negative bias
  34. Government to bring up Jan Vishwas Bill 2.0
  35. FY25 total receipts at Rs 31.47 lakh crore. Net tax receipts at Rs 25.5 lakh cr in FY25. FY25 fiscal deficit at 4.8% of GDP. Total receipts in FY26 at Rs 34.96 lakh crore. Total expenditure in FY26 at Rs 50.65 lakh crore. Net tax receipts in FY26 at Rs 28.37 lakh crore. Fiscal deficit in FY26 estimated at 4.4%. Net market borrowing in FY26 at Rs 11.54 lakh crore
  36. The revised capex for FY25 is Rs 10.18 crore, against the target pf Rs 11.1 lakh crore - lower capex could
  37. The finance minister has announced a committee to review and recommend new reforms to enhance the ease of doing business. This initiative aims to streamline regulations, improve efficiency, and attract investments.
  38. lower cpaex and higher fiscal deficit at 4.6 sentiment negative
  39. Personal tax to be observed now
  40. New Income Tax Bill to be clear, direct in text, with close to half of the present law. New Income Tax Bill to be simple to understand, lower litigation.
  41. Tax deduction at source rates will be rationalized, Tax deduction for senior citizens to be doubled to Rs 1 lakh. Threshold to collect TDS on remittances under LRS to be increased to Rs 10 lakh from Rs 7 lakh. Annual limit of Rs 2.4 lakh for TDS on rent raised to Rs 6 lakh
  42. Nirmala Sitharaman proposes to extend time limit to file updated return from two years to four years. The new income tax code to have half the Chapters and half the words of the current regulation.
  43. No income tax payable on income up to Rs 12 lakh. No income tax payable for Rs 12.75 lakh for salaried taxpayers. New tax structure to substantially reduce tax of middle class
  44. Biggest positive is No Changes in Capital Market Related transactions