Union Finance Minister Nirmala Sitharaman presented the Union Budget 2025, focusing on a tax bonanza to boost consumption and capital expenditure for economic growth. Key highlights include tax-free income up to Rs 12 lakh, a fiscal deficit of 4.8% for the current year, and allocations for sectors like agriculture, exports, MSMEs, and investment. The budget also emphasizes India’s ‘Neighbourhood First’ policy, with increased aid to foreign nations and a significant allocation to Defence to modernize the military and enhance border security.
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