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Finance Minister Nirmala Sitharaman

Union Budget 2025: Union Finance Minister Nirmala Sitharaman presented the upcoming budget of the country today. In his budget speech, the Finance Minister said that the proposed developmental measures in the budget of 2025 are to work for the upliftment of the poor, youth, farmers and women of the country. The Finance Minister mentioned the emphasis on 10 major areas in this budget, in which special schemes have been proposed for people associated with every field.

Along with this, the Finance Minister has announced a term loan of up to Rs 2 crore for women and SC/ST (tribal and scheduled castes) as well as backward classes.

Pradhan Mantri Dhanadhanya Yojana

The Finance Minister has announced ‘Pradhan Mantri Dhanadhanya Yojana’ for farmers in the budget. The government will run this scheme with states. 1.7 crore farmers will get help. He said that there will be focus on the betterment of poor, youth, women, farmers. Focus is being paid to farm growth, rural development, manufacturing. Also pay attention to the reform of the financial sector. Dhan Dhanya Yojana is starting in 100 districts. At the same time, the limit of Kisan Credit Card has been increased to 5 lakh.

Announcement for senior citizens

The limit of ITR and TDS has been increased in this budget. The TDS limit has been increased to 10 lakhs. A major announcement has been made for the elderly in tax deduction. You will be able to fill the returns for four years. Senior citizens have been doubled on tax. The exemption has been increased from 50 thousand to 1 lakh.

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