February 1, 2025

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Budget 2025: Big announcement on income tax, new income tax bill will come next week

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New Delhi (Team Newsbuddy): Finance Minister Nirmala Sitharaman has announced that the new income tax bill will come next week. Apart from this, the limit of foreign investment in the insurance sector will be increased from 74 percent to 100 percent.

The Finance Minister has announced to increase the limit of Kisan Credit Card. It will be increased from Rs 3 lakh to Rs 5 lakh.

A credit card of Rs 30 thousand will be given to help street vendors financially. It will be linked to UPI.

Atal Tinkering Lab will be set up in schools to develop scientific thinking in children. In the next 5 years, 50 thousand such labs will be built across the country.

Appropriate amount will be released for nutrition in Saksham Anganwadi Poshan 2.0. Under this, 8 crore children will get benefit. Along with this, 1 crore pregnant women will get benefit.

A big announcement has been made in the budget regarding gig workers. Now gig workers will be able to register themselves on the e-shram portal. In this, they will be issued an ID card. Along with this, health insurance will be given under the PM Jan Arogya Yojana

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