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Amaravati, Feb 1 (PTI) The union budget for 2025-26 is designed to steer the country towards the 'Viksit Bharat' vision of Prime Minister Narendra Modi, Andhra Pradesh Deputy Chief Minister Pawan Kalyan said on Saturday.
The budget, presented by Finance Minister Nirmala Sitharaman, reflects the central government's approach of prioritising the nation and its people over political interests, the Jana Sena chief said, in a statement.
The budget focuses on the welfare and development of all sections of society, including farmers, women, the middle class, and youth, he further said.
The budget also provides a significant boost to micro, small, and medium enterprises (MSMEs).
The increased Income Tax exemption limit of up to Rs 12 lakh will provide immense relief to the salaried class, and such reforms will undoubtedly strengthen the financial standing of the middle class.
The support being given to Andhra Pradesh by PM Modi has continued in the union budget as well, he added. PTI GDK SSK SSK ROH
Income tax exemption increase strengthens salaried middle class relief while budget boosts MSME support and welfare measures. The 2025-26 union budget is presented as prioritising national development and citizen welfare under the Viksit Bharat vision, emphasising measures for farmers, women, youth and the middle class. Operative fiscal changes highlighted include an expanded income tax exemption threshold to relieve the salaried class and measures to bolster micro, small, and medium enterprises, reflecting a combined focus on distributive relief and enterprise support to advance development objectives.Press 'Enter' after typing page number.