SHARE MARKET UPDATES π
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π Budget 2025 Highlights πΉ Key Announcements πΎ Agriculture & Rural Development β Dhan Dhanya Yojana to be launched in 100 districts β 6-year mission for Tur, Urad, and Masoor dal π± β Makhana Board π to be set up in Bihar β Central agencies π’ to purchase pulses for 4 years β New schemes for vegetable & fruit production π with states β Marine sector π development initiative β Self-reliance in edible oils π’ β Kisan Credit Card π³ limit increased to βΉ5 lakh β Urea plant π to be set up in Assam π Industry & Infrastructure β Special schemes for footwear π & leather π β India to become a global toy hub π§Έ β 22 lakh new jobs π’π· under the Leather Scheme β Launch of the National Manufacturing Mission π β βΉ1 lakh crore fund π° for urban development π β Special scheme for ship-breaking industry π’βοΈ β More cities π to be connected under βUdaanβ π« β New airport βοΈ to be constructed in Bihar π Education & Research β More IIT institutes π to be set up β 75,000 new medical seats π₯ in the next 5 years β Special AI research centers π€ to be established β All government secondary schools π« to get broadband π β βΉ20,000 crore investment π° in private sector R&D π¬ β Increased focus on Indian languages π in education π Housing & Tourism β 40,000 homes π‘ under the SWAMIH scheme β 52 new tourist destinations π to be developed with states β Buddha-related sites π― to be preserved & developed π° Finance & Taxation β Special credit card π³ for small businesses β UPI-linked card π³ for small vendors β UPI-linked credit card limit set at βΉ30,000 π° β Easier access to funds π΅ for export promotion β Interest-free funds ππ΅ for states to boost infra β New Income Tax Bill π to be introduced next week β 100% FDI & FPI limit π in the insurance sector π¦ β Simplification of RE-KYC π process β TDS rates π to be simplified β Major tax relief for senior citizens π΄π΅ β Tax exemption limit for seniors increased to βΉ1 lakh π° β TDS exemption on rent π increased to βΉ6 lakh β No penalty π« on delayed TCS payments π¦ Trade & Customs β New mining policy βοΈ to be introduced β Custom duty removed π«π on 36 life-saving medicines β Changes in custom duty on electronic goods π± β No primary duty on lead & zinc βοΈ β Duty removed π« on crust leather π π Biggest Announcement: π° No tax on income up to βΉ12 lakh! π