Srinagar, Feb. 3 -- Allocations And Focus Areas The Union Budget for 2025-26 introduces several significant changes compared to the 2024-25 budget, reflecting the government's evolving priorities in response to economic conditions. One of the major differences is the increase in capital expenditure, which has been raised from Rs.10.5 lakh crore in 2024-25 to Rs.11.2 lakh crore in 2025-26, representing a 6.7% increase. This additional Rs.70,000 crore allocation aims to accelerate infrastructure development, enhance connectivity, and improve public services. Another notable shift is the introduction of substantial personal income tax relief, with the tax exemption threshold being raised to Rs.1.2 million and tax rates for higher income brac...
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