0
- No news
- Business
- Budget 2025 Important Points Update; PM Modi Nirmala Sitharaman | Income Tax Slab Regime
New Delhi4 days ago
- Copy link
The government has made 10 big announcements in this budget. Read the entire budget in point here …
1. Income tax
- Under the New Tax Period, no tax will have to be paid on earnings up to Rs 12 lakh.
- The limit of TDS for Senior Citizens has been increased from ₹ 50 thousand to ₹ 1 lakh.
- The government will introduce a new income tax bill next week.
2. Cheap-cheaper
- 35 additional Goods for EV battery manufacturing have been included in the list of examped capital goods. This can make EV cheaper.
- Mobile phone has joined the list of 28 additional Goods Examped Capital Goods for battery manufacturing. This can make mobile cheap.
- The government has removed custom duty from 36 life saving medicines. This will make these medicines cheaper.
- Interactive flat panel display will be expensive. Custom duty increased from 10% to 20%.
3. farmer
- Dhan Dhanya Yojana will start. Under this, 100 districts will be covered, where production is low.
- Announcement of increasing the limit of Kisan Credit Card to Rs 5 lakh. Currently, the maximum limit of the card is Rs 3 lakh.
- A 6 -year mission will be launched for self -sufficiency in the production of pulses.
- Announcement of making Makhana Board. The farmers of Bihar will be helped in makhana cultivation.
4. Transition
- A new credit card of a limit of 5 lakhs for registered micro enterprises.
- The scheme will be launched under Make in India for toy manufacturing.
- The loan limit of PM self -representation scheme for street vendors will increase to 30 thousand rupees.
- A fund of Rs 10,000 crore was created to promote new entrepreneurs. Startup tax exemption increased to 2030. It was ending in 2025.
- The insurance sector will now have 100% FDI (FDI). Earlier this limit was 74%. This will bring huge capital in the insurance sector. The premium will be cheaper due to increasing competition.
5. Education
- All government secondary schools will be linked to broadband connectivity.
- Excellence centers related to AI Education will be set up at a cost of 500 crores.
- 75 thousand seats will be added to the medical college in 5 years. 10 thousand seats will be added next year.
- The seats in 5 out of 6 IITs made after 2014 will double. 6500 new students will get admission.
6. House
- TDS will not be imposed on the annual income of up to 6 lakhs from house rent. Earlier this limit was 2.40 lakhs.
- Will be able to take rent exemption on other houses unconditionally. Earlier, it had to be given a written reason.
- The government will give 40 thousand cheap apartments this year. These will be found those who bought it from loan and are still living on rent. Fund of 15 thousand crores for this.
7. Tourism and Connectivity
- Plan to connect 120 new cities in the next 10 years through flight scheme.
- Announcement of a plan to start 3 Greenfield Airport Project in Bihar.
- Partnership with states will develop 50 top tourist destinations.
- Medical tourism will be promoted through the ‘Heel in India’ scheme.
8. Heart
- Plan to build a day-care cancer center in all district hospitals in the next 3 years. In 2025-26, 200 days will be built.
- Broadband connectivity will be provided at all primary health care centers.
- Gig workers (who have a job temperament) will be linked to the Jan Arogya Yojana.
8. Infrastructure
- State governments will get ₹ 1.5 lakh crore for infrastructure development. This will be an interest free loan for 50 years.
- There will be 500 crore rupees to establish the Center of Excellence in AI.
- New Asset Monettion Scheme for 2025-30. This will generate Rs 10 lakh crore to fund the infrastructure project.
9. Woman
- It has announced to launch a new scheme for 5 lakh women and SC/ST entrepreneurs. Under this, there will be a cheap business loan.
- For the first time entrepreneurs, the first time entrepreneurs will get a term loan of Rs 2 crore in 5 years.
- Under the competent Anganwadi and Nutrition 2.0 scheme, 8 crore girls and 1 crore pregnant and breastfeeding women will get nutritious support.
10. Nuclear Mission
- Announcement to start a mission to develop 100GW nuclear energy by 2047.
- Active partnership will be done with the private sector to complete this mission.
- Announcement of nuclear energy mission for research and development of small modular reactors.
- By 2033, at least 5 indigenously developed small modular reactors will be operational.