The “India Budget 2025” refers to the annual financial statement presented by the Government of India, detailing the government’s proposed revenue and expenditure for the financial year 2025-2026. It outlines the allocation of funds to various sectors, including healthcare, education, infrastructure, and defense, as well as tax policies and economic strategies to stimulate growth and manage public finances. The budget is typically presented in Parliament by the Finance Minister and serves as a key indicator of the country’s fiscal policy and economic direction. It is a critical document for policymakers, businesses, and citizens, as it reflects the government’s priorities and plans for economic development in India.
The Union Budget 2025 focuses on advancing the electric vehicle (EV) sector and clean technology in India. Customs duty exemptions on materials for EV battery production are pivotal for manufacturers.…