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Union Budget 2025 Impact - Key Sector Analysis By Nirmal Bang
The increase in the income tax exemption limit to Rs. 12 lakh from Rs 7 lakh earlier along with tweaks in the tax slabs could boost PFCE by at least 0.5% and GDP by ~0.3%.
03 Feb 2025, 09:36 AM IST 
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.(Photo source: NDTV Profit)
Central government capex growth has moderated to 7% in FY25 and 10% in FY26. Notably, capex is now dependent on states and the defence sector with major ministries like roads and railways seeing virtually no increase in allocation in FY26.
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