💨 Abstract

India's 2025-26 budget focuses on boosting the spending power of the middle class, promoting inclusive development, and encouraging private investment for growth. Measures for the poor, youth, farmers, and women are also included, with a focus on transformative taxation reforms. Key highlights include a lower fiscal deficit, higher tax collections, increased FDI limit in insurance, lower tax rates, and manufacturing incentives.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖