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*Highlights of Union Budget 2025*. *General* 1. Kisan Credit Card limit enhanced from Rs. 3 lakh to Rs. 5 lakh 2. Additional Infra in 5 IIT’s set up after 2014. IIT Patna to be expanded 3. 10,000 more seats to be added in medical colleges in next year and 75,000 in next five years 4. Rs. 500 Cr. for Centre for Excellence in AI 5. Social Welfare Scheme for GIG workers 6. Extension of Jal Jeevan Mission till 2028 7. Urban Challenge Fund of Rs. 1 lakh crore to be set up 8. Green field airports to be facilitated in Bihar in addition to Patna airport 9. Rs. 20,000 Cr. for Private Sector R&D 10. Top 50 tourist destinations to be developed. Focus on destinations linked to Budha 11. ‘Heal in India’ to be promoted 12. FDI limit for Insurance sector to be raised to 100% if entire premium invested in India 13. Revamped KYC Registry to be rolled out 14. Customs: Rationalize tariff structure 15. 36 life saving drugs exempt from duty & 5% duty on 6 life saving drugs *Direct and Indirect tax* 1. New Income tax Bill Next Week 2. New Income tax Bill to be simple and close to present 3. Personal Income Tax Reforms for Middle class 4. NIL Income tax upto 12,00,000 5. Income Tax slab changed 6. TDS and TCS rationalize 7. Limit for TDS on rent increased from Rs. 2.4 lakh to Rs. 6 lakh 8. Limit for TDS on Senior citizens enhance from Rs. 50,000 to Rs. 1,00,000 9. TCS removed on remittance for education purposes 10. ‘Updated Return’ time limit enhanced to 4 years from present 2 years
Nifty & Bank nifty both will remain sideways weekly except a good up move Vix down by 10% intraday denotes market strength in buying hold position trade with stop loss