PNN DigitalPNN Digital
    Facebook Twitter Instagram
    Monday, August 25
    Trending
    • Parineeti Chopra & Raghav Chadha’s Blissful Power Announcement: Is Their ‘Little Universe’ Bollywood’s Most Beautiful Chapter Yet?
    • ICODEX Publishing Solutions Reaffirms Integrity, Transparency, and Strong Corporate Governance Amid Media Speculation
    • Drewknot Footwear: 7 Bold Moves Redefining Affordable Premium Fashion
    • Top Influential Personalities of 2025
    • Onlive Server Launches Reliable Germany Dedicated Server Hosting with Enhanced Speed and Security for Enterprises
    • FIRST GLIMPSE OF “JHAAD_PHOONK” GOES VIRAL – FILM TO RELEASE WINTER 2025 – World News Network
    • ‘Indian Business Excellence Awards 2025’ & ‘Global Titan – Company of the Year 2025’: Celebrating Exceptional Business Leaders and Innovators
    • Unison Metals To Split Equity Shares Of Rs. 10 Into 10 Shares Of Re. 1
    Submit News
    PNN DigitalPNN Digital
    Subscribe
    • Home
    • News
    • Business
    • Entertainment
    • National
    • Lifestyle
    • More
      • Sports
      • Health
      • Finance
      • Education
    PNN DigitalPNN Digital
    Home»Business

    Budget 2025: A Comprehensive Analysis by CA Harishankar Tosniwal on its Impact on Key Sectors

    Union Budget 2025 Unveiled: Tax Relief, Startup Support, and Rural Health Initiatives
    Naquiyah MaimoonNaquiyah Maimoon Business 2 Mins Read
    Budget
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Surat (Gujarat) [India], February 5: India’s Union Budget for 2025, presented by Finance Minister Nirmala Sitharaman, introduces significant measures aimed at bolstering the startup ecosystem, enhancing rural health and hygiene, advancing skill development, and providing substantial tax relief to taxpayers.

    Startup Ecosystem Enhancement

    In a landmark move, the government has abolished the ‘angel tax’ on investors funding startups. This tax, introduced in 2012 to curb money laundering, had been a significant hurdle for early-stage companies and their investors. Its removal is expected to stimulate innovation and attract more investment into India’s burgeoning startup ecosystem.

    Additionally, the budget proposes the establishment of a Fund of Funds for startups, with a government contribution of ₹10,000 crore. This initiative aims to provide financial support and encourage entrepreneurial activities across the country.

    Rural Health, Hygiene, and Skill Development

    The budget places a strong emphasis on rural development, particularly in health, hygiene, and skill empowerment. A six-year mission to boost pulses output and a five-year mission for cotton production have been announced, aiming to enhance agricultural productivity and support farmers.

    To address skill development, the government plans to establish five national skilling centers to enhance skilled manpower for manufacturing. These centers will focus on equipping the rural workforce with the necessary skills to participate in and benefit from the manufacturing sector’s growth.

    Budget

    Taxpayer Benefits

    In a significant relief for the middle class, the budget raises the threshold of the nil tax slab for income tax payers to ₹12 lakh per annum. For salaried taxpayers, this threshold is effectively ₹12.75 lakh, considering the standard deduction. The revised tax slabs are as follows:

    1. Income up to ₹4 lakh: Nil
    2. ₹4 lakh to ₹8 lakh: 5%
    3. ₹8 lakh to ₹12 lakh: 10%
    4. ₹12 lakh to ₹16 lakh: 15%
    5. ₹16 lakh to ₹20 lakh: 20%
    6. ₹20 lakh to ₹24 lakh: 25%
    7. Above ₹24 lakh: 30%

    This restructuring is expected to boost consumer demand by increasing disposable incomes.

    Conclusion

    The Union Budget 2025 reflects the government’s commitment to fostering a conducive environment for startups, improving rural health and skill development, and providing substantial tax relief to taxpayers. These measures are anticipated to stimulate economic growth, enhance the quality of life in rural areas, and empower individuals through skill development initiatives.

    Disclaimer: Views expressed above are the author’s own.

    Budget 2025 CA Harishankar Tosniwal H Tosniwal & Co Union Budget 2025
    Naquiyah Maimoon

    I dwell in the in-betweens—never sure, never boisterous. Hesitant and obstinate, I see what I'm doing through to completion in ways that never map it out. As a writer, I embrace the grey and the neglected. Nature grounds me, words define me, and I've made peace with being slightly out of step.

    Keep Reading

    ICODEX Publishing Solutions Reaffirms Integrity, Transparency, and Strong Corporate Governance Amid Media Speculation

    Drewknot Footwear: 7 Bold Moves Redefining Affordable Premium Fashion

    Top Influential Personalities of 2025

    Onlive Server Launches Reliable Germany Dedicated Server Hosting with Enhanced Speed and Security for Enterprises

    FIRST GLIMPSE OF “JHAAD_PHOONK” GOES VIRAL – FILM TO RELEASE WINTER 2025 – World News Network

    ‘Indian Business Excellence Awards 2025’ & ‘Global Titan – Company of the Year 2025’: Celebrating Exceptional Business Leaders and Innovators

    Recent Posts
    • Parineeti Chopra & Raghav Chadha’s Blissful Power Announcement: Is Their ‘Little Universe’ Bollywood’s Most Beautiful Chapter Yet?
    • ICODEX Publishing Solutions Reaffirms Integrity, Transparency, and Strong Corporate Governance Amid Media Speculation
    • Drewknot Footwear: 7 Bold Moves Redefining Affordable Premium Fashion
    • Top Influential Personalities of 2025
    • Onlive Server Launches Reliable Germany Dedicated Server Hosting with Enhanced Speed and Security for Enterprises

    Parineeti Chopra & Raghav Chadha’s Blissful Power Announcement: Is Their ‘Little Universe’ Bollywood’s Most Beautiful Chapter Yet?

    25/08/2025

    ICODEX Publishing Solutions Reaffirms Integrity, Transparency, and Strong Corporate Governance Amid Media Speculation

    25/08/2025

    Drewknot Footwear: 7 Bold Moves Redefining Affordable Premium Fashion

    25/08/2025

    Top Influential Personalities of 2025

    25/08/2025

    Onlive Server Launches Reliable Germany Dedicated Server Hosting with Enhanced Speed and Security for Enterprises

    25/08/2025

    FIRST GLIMPSE OF “JHAAD_PHOONK” GOES VIRAL – FILM TO RELEASE WINTER 2025 – World News Network

    25/08/2025
    Facebook Instagram Twitter
    • Legal Disclaimer
    • Privacy Policy
    • Contact Us
    • About Us
    © 2025 PNN Digital. Designed by Primex Media Services.

    Type above and press Enter to search. Press Esc to cancel.