Gandhinagar, Feb. 21 -- Gujarat finance minister Kanubhai Desai on Thursday presented the 2025-26 state budget with an outlay of Rs.3.70 lakh crore in the assembly, focusing on infrastructure development without proposing any new taxes while offering a tax relief of Rs.148 crore by reducing the stamp duty on mortgage deeds and the motor vehicle tax on Electric Vehicles (EVs).

Desai said the total budget estimate (BE) outlay of Rs.3,70,250.35 crore for 2025-26 showed an increase of Rs.37,785 crore, or 11.36%, over the BE of FY25. Considering the revenue account with capital account and net public account, the estimates for the financial year 2025-26 show surplus of Rs.1,007 crore, he added.

The minister announced that the Bharatiya Janat...