<h1>Budget 2024-2025 Boosts Jobs, Skills, MSMEs; Cuts Taxes for Workers, Firms; Backs Agriculture, Infrastructure, Energy.</h1> The Union Budget 2024-2025 emphasizes employment, skilling, MSMEs, and the middle class, with a focus on nine priorities including agriculture, urban development, and energy security. A significant allocation of Rs. 2 lakh crore targets youth employment and skill development. The budget also introduces new agricultural initiatives, increases Mudra loan limits, and enhances rural and urban infrastructure. Tax reforms include increased standard deductions for salaried individuals and pensioners, reduced corporate tax for foreign companies, and simplified TDS rates. Custom duties are adjusted to support domestic manufacturing and exports, with specific reductions for essential goods. The budget aims for a fiscal deficit of 4.9% of GDP.