Union Budget Highlights 2025-26

The next five years are seen as a pivotal period to realise the vision of ‘Sabka Vikas’, with the Union Budget 2025-26 laying a strong foundation for its achievement.  Presented by Union Finance Minister Smt. Nirmala Sitharaman on February 1, 2025, the Budget continues to prioritise the four major groups – Poor, Youth, Farmers, and Women – whose empowerment is expected to propel the country forward.

Key proposals, such as expediting company merger approvals, decriminalising over 100 legal provisions under the Jan Vishwas Bill 2.0, and raising the FDI limit for insurance sector, reflect the government’s commitment to improving the ease of doing business. Other notable measures include an increase in the tax rebate, revisions in the MSME classification criteria, extension in period of startup incorporation for availing of tax benefits, and a BCD exemption on an additional 36 life-saving drugs and medicines.

In this insight document, we present the key takeaways from Budget 2025.