Budget 2025 In Numbers: Expenditure Crossing Rs 50 Lakh Crore Mark To 100% FDI In Insurance — A Photo Story

Budget 2025 marks the first time expenditure crosses ₹50 lakh crore, reaching ₹50.65 lakh crore. The tax-free income limit is raised to ₹12 lakh, providing relief to taxpayers.

Nirmala Sitharaman presented her 8th consecutive Union Budget on February 1, 2025.

For the first time ever, India's budget expenditure has crossed Rs 50 lakh crore, reaching Rs 50.65 lakh crore. The fiscal deficit is pegged at 4.4% of GDP | Photo: Canva

Under the new tax regime, no income tax is payable on incomes up to Rs12 lakh — a move that boosts disposable income and savings for millions of Indians | Photo: Canva

In a good news for retired individuals, the tax deduction limit for senior citizens has doubled, from Rs 50,000 to Rs 1 lakh | Photo: Canva

The annual TDS limit on rent has been raised from Rs 2.4 lakh to Rs 6 lakh, easing tax burdens for landlords and tenants | Photo: Canva

The Budget has expanded access to lifesaving medicines, adding 36 drugs to the exempted list and 6 medicines under the 5% duty category. Additionally, 37 more medicines and 13 patient assistance programs have been included, ensuring better healthcare affordability for millions | Photo: Canva

Foreign Direct Investment (FDI) in the insurance sector has been raised from 74% to 100%, paving the way for greater investments and market expansion | Photo: Canva

Launching in 100 districts, the PM Dhan-Dhaanya Krishi Yojana scheme will benefit 1.7 crore farmers, providing financial and infrastructure support to boost agricultural productivity | Photo: PTI

The UDAN scheme is set to enhance regional connectivity with 120 new destinations, aiming to carry 4 crore passengers over the next decade. Besides, 50 top tourist sites will be developed in partnership with states | Photo: PTI

With Rs 20,000 crore allocated to Research, Development, and Innovation, India looks to strengthening its position in cutting-edge technology and scientific advancements | Photo: Canva