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budgetArchiveSaturday, 1 February 2025

Union Budget 2025-26

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Citations are auto-generated; verify before publishing. The budget classification is PolicyDhara's, not the source's.
Budgetary action — an allocation, fiscal policy change, or expenditure decision shaping how public resources flow. Reveals government priorities and affects programme implementation capacity.
Summary
Budget with significant income tax relief - no tax up to Rs 12 lakh, new simplified regime with 8 slabs. Rs 11.21 lakh crore for infrastructure, support for MSMEs, and Makhana Board for Bihar. Focus on growth, investment, and consumption.
Key Facts
TypeBudget
SourceHistorical Record
PublishedSaturday, 1 February 2025
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Key Authorities
Ministry of FinanceRBISEBIDEA
Key Stakeholders
TaxpayersBanks & NBFCsInvestors
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Finance & Economy469 tracked→
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