Budget 2025 Date
As India prepares for the Union Budget 2025, Emkay Global predicts a focused approach on continuity rather than dramatic changes. Here’s what you need to know about the upcoming budget presentation and its potential impact on various sectors.
Table of Contents
Budget Presentation Overview
The Union Budget 2025 is expected to maintain fiscal discipline while introducing targeted sector-specific changes. Key highlights include:
- Focus on sustainable growth
- Continuation of existing policies
- Emphasis on fiscal consolidation
- Selective protectionist measures
- PLI scheme developments
Major Tax Reforms Expected
Significant changes in the tax structure may include:
- Potential removal of old tax regime
- End of 80C/80D exemptions
- Review of life insurance taxation
- Possible adjustments to customs duties
- GST modifications in select sectors
Sector-Specific Impact
Several sectors are likely to see targeted interventions:
Infrastructure & Energy
- Railways: 50% YoY increase in track allocations
- Renewable energy push through PM Surya Ghar Yojana
- Green hydrogen policy initiatives
- EV infrastructure development
Financial Services
- PSU bank privatization possibilities
- MFI sector support measures
- Insurance sector reforms
- Banking sector policy updates
Manufacturing & Industry
- Steel sector protectionist measures
- Electronic components PLI scheme
- Semiconductor design initiatives
- FMCG sector duty adjustments
Market Implications
Emkay Global’s analysis suggests:
- 8% potential Nifty upside
- Overweight on consumer discretionary
- Positive outlook for healthcare
- Cautious stance on financials
- Selective opportunities in manufacturing
Read More: PM Kisan Samman Nidhi: Why Farmer ID is Crucial and How to Get It
FAQs
When is the Budget 2025 being presented?
The Union Budget 2025 will be presented in Parliament on February 1, 2025, following the traditional schedule.
How will the tax regime changes affect common citizens?
The proposed removal of the old tax regime and elimination of 80C/80D exemptions could significantly impact tax planning strategies for individuals, requiring a reassessment of investment choices.
