“The 2025-26 Union Budget outlines a comprehensive plan to accelerate India’s development into a global power. It clearly lays the groundwork for India’s rapid transformation into Viksit Bharat (Developed India). Here are the Ten Highlights that will set an ambitious course for India to achieve the developed nation status.”
1. Salaried Class to Pay Nil Income Tax Up to ₹ 12.75 Lakh Per Annum in New Tax Regime
2. Recognizes Four Engines of Development – Agriculture, MSME, Investment and Exports
3. FY-25 Estimated to End with Fiscal Deficit Of 4.8%, Target to Bring It Down to 4.4% In FY-26
4. A National Manufacturing Mission Covering Small, Medium and Large Industries for Furthering “Make in India”
5. Centre of Excellence in Artificial Intelligence for Education, with a Total Outlay Of ₹ 500 Crore
6. Nuclear Energy Mission for R&D of Small Modular Reactors with an Outlay of ₹ 20,000 Crore
7. Modified Udan Scheme to Enhance Regional Connectivity To 120 New Destinations
8. ₹20,000 Crore Allocated for Private Sector Driven Research Development and Innovation Initiatives
9. To Boost Battery Production, Additional Capital Goods for EV and Mobile Battery Manufacturing Exempted
10. ₹ 1 Lakh Crore Urban Challenge Fund for ‘Cities as Growth Hubs’.
Source: PIB
