Business

Budget 2025 Unveiled: Key Winners from Bihar Farmers to Middle-Class Taxpayers

Middle-Class Taxpayers: A New Dawn

Finance Minister Nirmala Sitharaman's Budget 2025 speech, the shortest in India's history, heralds significant tax reforms for the middle class. With the tax-free income threshold raised to ₹12 lakh and revised tax slabs, the budget aims to boost disposable income and stimulate domestic consumption. Enhanced deductions for housing loans and education expenses further alleviate financial burdens.

From Bihar to Middle Class: The biggest winners and losers of Budget 2025

Farmers: Sowing Seeds of Prosperity

Farmers emerge as key beneficiaries with the Pradhan Mantri Dhan-Dhaanya Krishi Yojana and the Mission for Aatmanirbharta in Pulses. Enhanced credit limits under the Kisan Credit Card scheme and support for sustainable agricultural practices promise a brighter future for India's agrarian sector.

Bihar: Focused Development Initiatives

Bihar's development is prioritized with projects like the Greenfield Airport and the Western Koshi Canal Project. The establishment of the Makhana Development Board and investments in infrastructure, education, and healthcare aim to uplift the socio-economic status of Bihar's population.

Women Empowerment: A Cornerstone of Budget 2025

Budget 2025 places a strong emphasis on women's empowerment with initiatives designed to enhance economic participation. A new scheme for first-time women entrepreneurs and rural development programs promise financial independence and socio-economic advancement for women across India.