Initiatives to Boost Local Economy by Increasing Income and Consumption

  • For FY 2025-26, the government has set an ambitious revenue collection target of Rs. 42.70 trillion, reflecting an 11% increase from the previous year.
  • The direct tax (income tax and corporate tax) collection target is set at Rs. 25.20 trillion.
  • The indirect tax (GST, excise duty, and customs duty) collection target is set at Rs. 17.50 trillion.
  • Rs. 2.66 trillion has been allocated for agriculture and allied sectors in the Union Budget 2025-26, which is Rs. 1,000 crore higher than the previous year.
  • The loan limit under the Kisan Credit Card (KCC) has been increased from Rs. 3 lakh ....
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