The Union Budget 2025 strikes a vital balance between tax relief for the middle class and strategic reforms to boost the country’s economic resilience. By increasing the tax exemption limit to ₹12 lakh and offering substantial TDS relief, the government has ensured greater disposable income for taxpayers, especially the salaried class. These measures, combined with the extension of the tax filing timeline and simplified processes, will greatly ease the tax burden on the common man. On the customs side, the exemption of duties on life-saving drugs and reduction in customs duties for critical industries show the government’s commitment to affordable healthcare and boosting manufacturing in India. These comprehensive reforms are designed to foster inclusive growth while enhancing the ease of doing business across sectors.
