Union Budget 2025 | Budget 2025 Highlights | Income Tax Budget 2025 | Full Analysis By Krati Mam

Summary

The video discusses the key aspects of the 2025-26 Union Budget presented by Finance Minister Nirmala Sitharaman. Key points covered include a focus on six pillars: taxation, power, urban development, mining, financial sector, and regulatory reforms. Special attention is given to initiatives for Bihar, such as the development of Mithila Makhana, expansion of IIT Patna, and the Western Koshi Canal project. The budget also introduces changes in income tax slabs, farmer credit card schemes, and various welfare schemes for MSMEs, healthcare, and education. Additionally, it emphasizes efforts to improve regional connectivity and promote skill development.

Takeaways

• 😀 The Indian Union Budget for 2025-26 was presented by Nirmala Sitharaman for the eighth time, with a speech lasting 1 hour 14 minutes.
• 😀 The budget focuses on six major pillars: Taxation, Power, Urban Development, Mining, Financial Sector, and Regulatory Reforms.
• 😀 Bihar received special attention in the budget, including the development of Mithila Makhana with GI tag, and the expansion of IIT Patna.
• 😀 The budget introduced the creation of a Makhana Board to promote the production and distribution of Makhana in Bihar.
• 😀 The 'Udaan Yojana' was highlighted, which aims to improve regional connectivity, with 120 new cities to be connected.
• 😀 A new initiative for cancer care was announced, including the opening of daycare centers in every district of India.
• 😀 Farmer Credit Cards will be issued to boost agricultural loans, with the loan limit raised from 3 lakh to 5 lakh.
• 😀 The income tax slabs have been restructured, with no tax for incomes up to ₹12 lakh, and an increased threshold for the 30% tax bracket to ₹24 lakh.
• 😀 A special focus on MSMEs was included, with loans available for SC/ST communities and women entrepreneurs.
• 😀 The government will invest ₹20,000 crore in nuclear power to increase energy production and support sustainable development.

Q & A

Who presented the Union Budget for 2025-26 in India?

The Union Budget for 2025-26 was presented by Nirmala Sitharaman, the Finance Minister of India.

How many times has Nirmala Sitharaman presented the budget as of 2025?

Nirmala Sitharaman has presented the Union Budget for India eight times, with the first being in 2019.

What significant cultural tribute did Nirmala Sitharaman pay during her budget presentation?

Nirmala Sitharaman wore a saree featuring Madhubani paintings, a tribute to Dulari Devi, associated with the Madhubani art form from Bihar.

What are the six main pillars the 2025-26 budget focuses on?

The six main pillars of the 2025-26 budget are taxation, power, urban development, mining, financial sector, and regulatory reforms.

What is the major development plan for Bihar mentioned in the budget?

The budget includes the creation of a Makhana Board in Bihar, the expansion of IIT Patna, and the development of the Western Koshi Canal Project.

What changes were made to the Kisan Credit Card (KCC) scheme in the 2025-26 budget?

The loan limit for Kisan Credit Cards has been increased from ₹3 lakh to ₹5 lakh, offering farmers greater financial support.

What new initiative is being introduced to improve regional connectivity in India?

The Udan Scheme aims to enhance regional connectivity by linking 120 cities across the country.

What significant provision related to cancer care was introduced in the 2025-26 budget?

The budget includes the establishment of daycare cancer care centers in every district to provide better healthcare support.

How has the taxation system been modified for individuals with an income up to ₹12 lakh?

Individuals with an income of up to ₹12 lakh are exempt from paying any income tax, providing significant relief to taxpayers.

What provisions were made for the MSME sector in the 2025-26 budget?

The budget provides loans to the MSME sector, particularly to SC, ST, and women entrepreneurs, promoting inclusive growth.