There are no changes in direct, or indirect
tax rates
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The government withdrew income tax demands up to
₹25,000
(till 2009-10) and
₹10,000
from
2010
-
11
to
2014
-
15
. This will benefit about one crore taxpayers
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A scheme to help middle class living in
rented houses
to buy or build their own houses will be launched
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Tax
benefits to start-ups and investments made by sovereign wealth or pension funds extended by 1 year till
March 31
,
2025
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Capital expenditure hiked
11%
to
₹11.11-lakh crore
Fiscal deficit for
FY25
is projected at
5.1%
, lower than the revised estimate (
5.8%
) in
FY24
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Govt to borrow
₹14.13-lakh crore
in next fiscal, lower than
₹15.43 lakh crore
in
FY24
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Nominal
GDP
growth for
FY25
is projected at
10.5%
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Mop-up from central public sector enterprises (
CPSEs
) disinvestment pegged at
₹50,000 crore
for
FY25
, up from
₹30,000 crore
in
FY24
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Gross tax revenue target for
FY25
hiked
11.46%
to
₹38.31-lakh crore
, from
₹34.37 lakh crore
in
FY24
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