Union Budget 2025: Capex remains flat to make room for personal tax largesse

4 hours ago 1
Finance minister Nirmala Sitharaman presents the Union Budget 2025-26, balancing taxpayer generosity and fiscal prudence. By curbing ambition in asset creation and anticipating substantial personal income growth, the budget pegs the fiscal deficit at 4.4% of GDP and contains the revenue deficit at 1.5% of GDP.

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