💨 Abstract

The Union Budget 2025-26, announced by Finance Minister Nirmala Sitharaman, received praise for its focus on economic growth, tax relief, and sectoral innovation. Key highlights include increased tax rebates, with individuals earning up to Rs 12 lakh annually exempt from income tax, and a standard deduction of Rs 75,000 for salaried taxpayers, raising the threshold to Rs 12.7

Courtesy: theprint.in

Summarized by Einstein Beta 🤖