Summary of Union Budget of India 2025-26
As India advances towards its vision of Viksit Bharat 2047, the Union Budget 2025-26 emerges as a critical policy instrument designed to promote sustainable growth, strengthen fiscal resilience, and establish a supportive environment for both individuals and businesses alike.
The Finance Minister also announced the forthcoming New Tax Bill, which aims to adopt a “trust first, scrutinize later” approach. The new legislation will be significantly shorter, reducing its complexity and providing greater tax certainty for taxpayers. This move is expected to simplify compliance and reduce litigation.
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