Union Budget 2025 Highlights: No reduction in public spending on capital expenditure, says Finance Minister No income tax upto 12 lakh under new regime, slew of projects announced for Bihar, and ... Budget 2025 Highlights: PDF Download, Key Takeaways, Important Points. Get Union Budget 2024 Highlights, Summary and Latest News Updates on Budget Allocation, new tax regime, old tax regime, Income Tax Slab Changes and Much More. The 2025 -26 Union Budget presents policy changes across agriculture, healthcare, technology and infrastructure sectors with a Rs.1.5 lakh crore state funding package. Central measures include revised tax structures for incomes up to Rs.12 lakh, modified farm credit limits to Rs.5 lakh, and changes to medical education with 10,000 new seats. GDP: The government has estimated a nominal GDP growth rate of 10.1% in 2025 -26 (i.e., real growth plus inflation). Deficits: Revenue deficit in 2025 -26 is targeted at 1.5% of GDP. This is lower than the revised estimate of 1.9% in 2024-25. Fiscal deficit in 2025 -26 is targeted at 4.4% of GDP, lower than the revised estimate of 4.8% of GDP in ...