Budget 2025 has effectively responded to current needs by putting “money into the hands of people,” according to Edelweiss Mutual Funds CEO Radhika Gupta, who emphasized a significant announcement from Finance Minister Nirmala Sitharaman’s address on Saturday. Gupta noted that the income tax relief provided by the government will “energize consumption and growth at a critical time for the Indian economy.” She stated, “CONSUMPTION is the word of the day! There has been considerable discussion about potential budget measures in light of the economic landscape and global challenges. This budget addresses immediate needs by empowering individuals to spend. The exemption range of 7.5 to 12 lakh is a bold, rather than incremental, move. Well done!
Radhika Gupta, CEO of Edelweiss Mutual Fund, states that the Budget for 2025 responds to current requirements, emphasizing that ‘consumption’ is the key focus right now.
