Blog
Sign Up / Login

Union Budget 2025: Big Moves, Bigger Impact!

The Union Budget 2025 is here, packed with announcements that could reshape your finances, career, and lifestyle. Here’s a quick breakdown of what it means for you:

💰 Middle-Class Relief

  • No income tax up to ₹12 lakh under the new regime.
  • Senior citizens get double TDS limits on interest (up to ₹1 lakh).
  • Renters benefit from higher TDS thresholds (₹6 lakh vs ₹2.4 lakh earlier).
  • Education loans for abroad are now TCS-free, and old NSS withdrawals are tax-free.

🏦 Banking & Finance

  • FDI in insurance raised to 100%, boosting investments.
  • New Grameen Credit Score helps rural borrowers access loans.
  • Simplified KYC processes make banking easier.
  • ₹15,000 crore SWAMIH Fund 2 to complete stalled housing projects.

🏭 MSMEs Get a Push

  • Loan limits doubled for small businesses.
  • ₹5 lakh credit cards for entrepreneurs.
  • ₹10,000 crore Fund of Funds for startups.
  • Special support for toy, leather, footwear industries, and women/SC-ST entrepreneurs.

🎓 Jobs & Skills

  • 50,000 Atal Tinkering Labs to foster innovation.
  • More medical/engineering seats for students.
  • Gig workers get ID cards and free healthcare.
  • AI Centre of Excellence and 5 Skill Centres for global job readiness.

⚡ Clean Energy Push

  • Goal of 100 GW nuclear energy by 2047.
  • Boost for solar, EV batteries, wind energy, and grid storage.
  • States rewarded for improving power infrastructure.

🌍 Exports & Trade

  • Easier loans and clearances for exporters.
  • BharatTradeNet simplifies global trade.
  • Enhanced air cargo and warehousing facilities for high-value exports.

🚜 Farming Focus

  • PM Dhan-Dhaanya Krishi Yojana boosts farming in 100 districts.
  • Mission for pulses aims at self-sufficiency.
  • Support for fruit, vegetable, cotton farmers, and Bihar’s makhana growers.

 

🏙️ Urban & Tourism Growth

  • ₹1 lakh crore Urban Challenge Fund for smart cities.
  • 50 top tourist spots upgraded, with focus on Buddhist heritage.
  • PM SVANidhi Scheme expanded for street vendors.

⛏️ Tech & Innovation

  • New mining policy speeds up approvals.
  • ₹20,000 crore Deep Tech Fund for AI and research.
  • India’s second Gene Bank and National Geospatial Mission launched.

Final Takeaway

The Budget 2025 focuses on empowering individuals, boosting businesses, and driving innovation. From tax cuts to green energy, it’s a roadmap for a brighter, more inclusive future.

Source: Union Budget 2025

Picture of Varun Shah

Varun Shah

Related Posts

Types of Shares in India

Types of Shares in India: Explained Simply

A share represents a piece of ownership in a company, meaning the person who

How to Use FDs for Emergency Fund Planning

In the face of economic uncertainties and unpredictable personal financial crises, having a well-structured

Are Fixed Deposits Still Relevant in the Age of Mutual Funds and SIPs?

In today’s dynamic financial environment, where investment options like mutual funds and Systematic Investment

Get In Touch

+91 8591871028 | +91 8928250817 connect@incredmoney.com
Click here for NRI Login

Social Media

Facebook-f Instagram Linkedin-in X-twitter

Download InCred Money App

Disclaimer

Fixed Deposits are offered by Banks/NBFCs and are regulated by the Reserve Bank of India. Alpha Fintech Private Limited, under the brand name of InCred Money, is acting in the capacity of Sub Agent/Referral Partner for distribution of Fixed Deposits of Banks and NBFCs. The funds transferred by the customer for the Fixed Deposits are directly credited to the regulated entity offering the Fixed Deposit product. Fixed Deposits are offered to Resident Indians above the age of 18 who have a PAN & an Aadhaar. Interest rates are subject to change. *T&C apply.
The information and data provided on the InCred Money platform concerning unlisted equities are solely for informational purposes and should not be interpreted as a recommendation or solicitation to invest. InCred Money and its representatives are not SEBI-registered research analysts or advisors. Any research, analysis, or information presented on this platform does not constitute investment advice or a recommendation by InCred Money or its affiliates. Investors are strongly encouraged to perform their own thorough research and due diligence before making any investment decisions. Any decision to invest or not to invest shall be at your own discretion. Unlisted equities carry a higher risk profile compared to listed securities, including but not limited to liquidity risk, regulatory risk, and market volatility. Potential investors should be aware of these risks and consider them carefully. It is highly recommended that investors consult with their own financial advisors to understand the suitability of such investments in the context of their personal financial situation, investment objectives, and risk tolerance. Additionally, investors should read and fully understand the detailed risk profile and disclosures attached to the unlisted equities before proceeding with any investment.
The information mentioned on the platform is based on publicly available data and to the best of our knowledge, does not constitute insider information.
Pre-IPO shares are unlisted securities, but this should not be interpreted as InCred Money guaranteeing or confirming that an IPO will take place for these shares. The decision to proceed with an IPO is entirely at the discretion of the issuing company, which may choose not to go public.
InCred Money is the brand name of Alpha Fintech Private Limited with its registered office at The Capital, Unit No 1203, 12th floor, B Wing, Plot No. C-70, G Block, Bandra Kurla Complex, Mumbai – 400 051.
Unless otherwise mentioned, Alpha Fintech Private Limited will be the counterparty (seller) while making your investment.
*Corporate Bonds transactions are executed on Biddeasy.com. Biddeasy is Online Bond platform provider and registered with BSE and NSE in the name of Oro Financial Consultants Pvt Ltd.
Oro Financial Consultants Pvt Ltd is the Stock broker entity operating in cash and debt segment with BSE and Debt segment with NSE having SEBI registration number: INZ000312534, Registered as an Online Bond Platform Provider in BSE Ltd.(Member Code: 6821) and National Stock Exchange of India Limited (Member Code: 90389)