India Budget 2025 Highlights: Tax Cuts, Infrastructure Boost & AI

India’s Union Budget 2025 introduces major tax reforms, infrastructure spending, and new industry incentives. Key announcements include: Tax Relief: No income tax up to ₹12 lakh, simplified tax slabs, and senior citizen benefits. Infrastructure & Manufacturing: ₹1.5 lakh crore interest-free loans to states and a National Manufacturing Mission. Education & Healthcare: 50,000 Atal Tinkering Labs, 10,000 tech fellowships, and expanded medical seats. Agriculture & MSMEs: Higher Kisan Credit limits, support for startups, and new farmer schemes. Energy & Defence: ₹20,000 crore for nuclear energy and AI-driven projects.
source:firstpost.com