New Delhi, Feb. 5 -- In a recent report, brokerage house SBI Securities stated that the Union Budget 2025-26 was largely in line with expectations, focussing on key areas such as the poor, youth, middle class, farmers, MSMEs, exports, women, and reduction of compliance burdens. The budget aims to implement transformative reforms across six domains: taxation, power, urban development, mining, financial, and regulatory reforms.

According to SBI Securities, the primary emphasis of the budget was on reviving consumption while maintaining fiscal prudence by keeping other expenditure heads largely unchanged or with marginal revisions. A major highlight was the Finance Minister's announcement that no income tax would be payable on income up to ...