Key highlights of Indian Budget 2025 presented by our Finance Minister of India
Indian Government committed to
economic resilience,fiscal discipline and inclusive growth.focussing on
infrastructure development,digital transformation,tax reforms and financial
sector growth.
The new personal tax has substantially reduced under new
tax regime,resulting into zero tax liability for over 80% of individual tax
filers.
Main highlights of the Indian budget 2025 and Impact
on Indian economy
Exempting incomes upto rs.12 lacs in
new tax regime
Kisan credit card limit increased from 3 to 5 lacs
Credit cards for micro-enterprises
Enhancement of credit guarantee cover for MSME from 5
crores to 10 crores
Removal of several tariff rates to streamline taxation
Fiscal deficit maintain at 4.8% of GDP
and 4.4% of GDP (target for next year)
Inflation maintain at 4.5%
Debt to GDP :57% of GDP and estimated
to 50% of GDP till 2031
Tax to GDP of india:11.7%
Tax cuts will boost consumer spendings
Seeing a revival in rural economy
Look at banks amid falling rate and credit growth
Boosting consumption,translates to boosting GDP
Government efforts on reducing debt burden
MSME tweaks higher kisan credit card limit are major bold
steps
May See buying in Auto,Discretionary,Dine Out,
See the current slowdown a temporary,
Manufacturing will play out in next 10-20 years,
Budget 2025 sets stage for a MahaKumbh of investing &
economic expansion,
Expect Economy to grow 7% coming year,
See tax exemption as positive and
boost for consumption,
GCC expansion to be as large as IT evolution,
See no negatives in the Budget
announcement,
Seeing shift from Capex to consumption stocks
Many fundamentally solid companies can see
price drops of 40 to 50% within a few months ,
India is emerging from mid-cycle soft patch and is set for
a stronger-than-expected recovery,backed by this
Magical Indian Budget 2025 and likely monetary policy support,
Ultimately a Dream Budget
Capex has been continued to b in focus
Growth has been given priority
Rural,MSME enterprises are well taken
care of
GDP growth will get be continue to grow in this coming
decade.
25 years of Golden years for India
GDP per capita will grow from $2800 to $ 10000
in the next decade
India has become one of the best soft infrastructure in the
world
Stable currency will give 11 to 12 % nominal
growth
Make in India will boost economic
growth
India will account for 23% approx..of working age
population by 2030.
A strong dollar coupled with rising gold prices indicates
that global liquidity is Flowing into hard assets,highlighting a loss of
confidence in fiat money.
Shown full focus on 4 major castes, namely
garib(poor),mahilayen(women),yuva(youth)& annadata(farmer).
This Budget2025 certainly concentrate on growth forecast
and improving financial stability.
A move towards its vision of becoming a 5$ trillion economy.
