Budget Expectations 2025 Personal Income Tax Structures Higher Examption Tax Slabs Change Likely in Budget to Boost Disposable Income and Increase Consumption

Budget Expectations 2025: Finance Minister Nirmala Sitharaman will present the first full budget of the third term of the Modi government on February 1. From the sluggishness of the country’s economic development to the decline in demand and declining consumption, this budget has high expectations from the industry to the middle class. In such a situation, smallcase managers believe that with the change in tax in this budget, big announcements can be made towards tax reforms through incentives. At the same time, they also believe that in the next financial year, the government can borrow more than the market.

Chances of major changes in tax slab

Smallcase has released the managers budget 2025-26 survey report in which what expectations can be made from the general budget have been told. According to the survey of 100 managers smallcase platforms, big announcements can be made towards tax reforms through tax change and incentives in this budget. Smallcase managers believe that with the increase in the limit of higher exemption with the change in personal income tax structures in this budget, there can be big changes in the tax slab. According to smallcase managers, these ellas will help in increasing disposable income and it will also increase consumption.

Scissors will run on subsidy in budget!

According to the survey, the government will make a major deduction in politically motivated subsidy and focus on infrastructure and development in the long term through capital expenditure-driven investment. According to smallcase managers, in this budget, there can be a huge increase in the allocation in the budget for infrastructure and defense sectors for economic to geopolitical strength. There can be a big focus on renewable energy. Apart from this, there is going to be a big focus in the budget on health, agication, transportation and logistics sectors. Innovation and investment in infrastructure and digital assets can be focused on the global market better.

Budget gives size to economic progress

Vasant Kamath, founder and CEO of Smallcase on the survey said, “The Union Budget is an important event that shapes India’s economic progress for the coming years. Our managers in the survey show the expectations of the stakeholders of the industry, which to the development Promoted reforms, stability and a strong focus on digital change. Inspired by the change, it may be focused on it. Will draw attention to the increasing importance of semiconductor and electronics manufacturing.

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