Created By: Aspioneer
How the Latest Budget Will Boost Your Investment and Savings Opportunities
Historic Milestone:
FM Nirmala Sitharaman makes history with her seventh consecutive Union Budget presentation.
Image Credit: Thedailyguardian
New Tax Slabs:
Enjoy lower tax rates with ₹0-3 lakh at nil, ₹3-7 lakh at 5%, ₹7-10 lakh at 10%, ₹10-12 lakh at 15%, ₹12-15 lakh at 20% and above ₹15 lakh at 30%.
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Big Spender:
FY25 Capex set at ₹11.1 lakh crore, maintaining a robust infrastructure investment
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Youth Power:
₹2 lakh crore allocated for five schemes benefiting 4.1 crore youth, including a new internship program.
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Women Empowerment:
Special skilling programs and increased support to boost women's participation in the workforce.
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MSME Growth:
Enhanced credit guarantee schemes, term loans for machinery, and new SIDBI branches to support MSMEs.
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Loan Boost:
Mudra loan limits doubled to ₹20 lakh and financial aid for higher education loans up to ₹10 lakhs.
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Rural Revamp:
₹2.66 lakh crore for rural development and a focus on climate-resilient crop varieties.
Imae Credit: Unsplash
Farmer Friendly:
Plan to introduce 1 crore farmers to natural farming over the next two years.
Image Credit: Pixabay
Regional Support:
₹15,000 crore for Andhra Pradesh, plus new infrastructure projects like airports and medical facilities for Bihar.
Image Credit: Theprint
Inflation Target:
Inflation trends toward a 4% target, while India’s growth shines as an economic “exception.”
Image Credit: AIER
Job Creation:
Emphasis on job creation and consumer spending to boost sectors like real estate and autos.
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Priority Areas:
Focus on agriculture, employment, manufacturing, urban development, Energy, Innovation, R&D and more.
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Women’s Schemes:
Over ₹3 lakh crore allocated for initiatives benefiting women and girls.
Image Credit: Thebetterindia
Tech Innovations:
Development of Digital Public Infrastructure (DPI) for enhanced credit, e-commerce, and governance.
Image Credit: Google
Social Welfare:
Extension of PMGKAY for five years, benefiting over 80 crore people.
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