Finance Minister Nirmala Sitharaman stated that the income tax rebate in the Budget would benefit the Indian economy. The rebate has increased, allowing individuals to save more money, which could enhance the economy. The Budget also emphasizes rural prosperity, urban workers, and key sector reforms.
Boost in urban infrastructure: HUA ministry allocated Rs 96,777 cr in Budget 2025-26
The Indian government increases the Union Housing and Urban Affairs Ministry’s budget allocation by 18% to Rs 96,777 crore for FY 2025-26. Key initiatives include