Union Budget 2025-26 Detailed Analysis | Budget Highlights 2025 for RBI Grade B | Manish Sir

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Union Budget 2025-26 Detailed Analysis | Budget 2025 Highlights | RBI Grade B 2025 | Manish Sir

The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman on February 1, 2025, outlines the government's fiscal policies and priorities for the upcoming financial year. Here's a detailed analysis of its key highlights:

1. Economic Growth Projections
GDP Growth: The Economic Survey 2024-25 projects India's GDP growth for FY26 to be between 6.3% and 6.8%.

2. Taxation
Income Tax: Anticipated changes include potential reliefs for the middle class, adjustments in tax slabs, and modifications to standard deductions and rebates under section 87A.

3. Infrastructure and Digital Development
Digital Infrastructure: The budget emphasizes investments in digital projects, aiming to enhance connectivity and technological integration across sectors.

4. Environmental and Social Governance (ESG)
Sustainable Initiatives: There's a focus on eco-friendly policies, innovation, and employment generation, with potential tax benefits to incentivize ESG-led initiatives.

5. Simplification of Compliance
Regulatory Reforms: The budget proposes measures to simplify compliance for professionals and rationalize taxation for startups, aiming to foster a more business-friendly environment.

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