Budget 2025 Brings Relief and Growth Opportunities

The Union Budget 2025 was presented by Finance Minister Nirmala Sitharaman on February 1. People across the country were expecting significant announcements, and the budget did not disappoint. It introduced key policies aimed at economic stability and development, making it one of the most well-received budgets in recent years.

Abhay Bhutada shared his perspective on the budget. He believes that the measures announced will drive positive change across industries. “This budget is not just about tax benefits. It considers multiple sectors and ensures long-term economic progress. The country is headed in the right direction,” he said.

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As Vice Chairman of Rising Sun Holdings, he has made a name for himself in finance. Abhay Bhutada's salary is a measure of his excellent leadership and has earned him a top position among India’s highest-paid executives. His insights on the budget are backed by years of financial expertise.

Key Highlights from Union Budget 2025

Tax Exemption on Income Up to Rs12 Lakh

One of the biggest announcements was the removal of income tax for individuals earning up to Rs12 lakh per year. This move will increase purchasing power and provide relief to many households.

Capital Expenditure Gets a Boost

The government allocated Rs11.21 lakh crore for capital expenditure in FY2025-26, a slight increase from Rs11.11 lakh crore last year. This investment will strengthen infrastructure and economic growth.

Support for Bihar’s Makhana Industry

A Makhana Board will be established in Bihar to improve production, processing, and marketing. This will benefit local farmers and increase market opportunities.

22 Lakh New Jobs to be Created

The footwear and leather industry will receive government support to improve efficiency. This initiative is expected to generate 22 lakh new jobs.

UDAN Scheme Expansion

The regional connectivity scheme will add 120 new destinations over the next decade. This will provide better travel options for 4 crore passengers.

New Agricultural Development Plans

The Prime Minister Dhan-Dhaanya Krishi Yojana will target 100 agricultural districts, benefiting 1.7 crore farmers. This will support crop production and rural livelihoods.

Funding for Research and Innovation

The government has allocated Rs20,000 crore to promote research and development. Private sector involvement will be encouraged to drive technological advancements.

PM Research Fellowship for Scholars

The budget includes 10,000 fellowships for students at IITs and IISc. This will support advanced research and scientific progress.

Incentives for Electronics and EV Manufacturing

Tax exemptions have been introduced for open-cell LED/LCD TV panels, textile looms, and lithium-ion battery components for electric vehicles and mobile phones. This will encourage domestic manufacturing.

Support for the Maritime and Railway Sectors

Shipbuilding and shipbreaking will receive a 10-year exemption on imported goods. Additionally, railway goods sent abroad for repairs will get an extension on exports.

Encouraging Economic Growth

This budget focuses on development, employment, and financial security. The policies introduced aim to improve the economy and create new opportunities.

A leading financial executive believes these changes will strengthen India's economic foundation. His success has made him one of the highest-paid professionals in the country, and his analysis of the budget reflects his deep understanding of economic trends. He sees the budget as a positive step toward a stable and prosperous future.

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India’s economy is on the rise. The government’s new initiatives will support industries, create jobs, and improve the quality of life for millions. The future looks bright.