Key Highlights of the Union Budget 2025-26

As India advances towards its vision of Viksit Bharat 2047, the Union Budget 2025-26 emerges as a critical policy instrument designed to promote sustainable growth, strengthen fiscal resilience, and establish a supportive environment for both individuals and businesses alike. At a time when the global economic landscape remains dynamic and complex, this budget underlines the government’s commitment to structural reforms, inclusive development, and strategic investments that drive long-term economic prosperity.
The Union Budget is a blueprint that determines economic priorities, influences business decisions, and lays the groundwork for national progress. The finance minister identified four engines of development—Agriculture, MSMEs, investments, and exports—while initiating transformative reforms across six domains: taxation, power sector, urban development, mining, financial sector, and regulatory reforms. The budget places a strong emphasis on the Make in India campaign to enhance economic resilience. Key initiatives include the launch of a National Manufacturing Mission for MSMEs, targeted support for small businesses, positioning India as a global hub for toy manufacturing, incentivizing green technologies, and boosting domestic solar panel production. Additionally, the finance minister introduced revised MSME classification criteria, doubling turnover limits and increasing investment thresholds by 2.5 times.