Budget 2025 Highlights: Individuals having an annual income of Rs 24 lakh or more can hope to save of Rs 1.10 lakh in income tax, while those earning Rs 12 lakh will have to pay no tax, benefiting to the tune of Rs 80,000 from next fiscal under the new regime.
“The Union Budget 2025-26 will push the growth trajectory further as it focuses on increasing the income of the middle class by expanding the nil tax limit to Rs 12 lakh, stressing ease of doing business, building urban infrastructure and launching fresh funds for completion of stressed residential projects. There will be accelerated growth in the real estate segment with the Govt. setting up a ₹1 lakh crore Urban Challenge Fund to transform cities into growth hubs, support creative redevelopment, and enhance water and sanitation infrastructure, which in turn boost residential real estate and create more housing and investment demand.”