Gujarat govt presents Rs 3.70 trillion Budget, no new tax proposed

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Gujarat govt presents Rs 3.70 trillion Budget, no new tax proposed - Business Standard

Quick Summary:

Gujarat Finance Minister Kanubhai Desai on Thursday presented a Rs 3.70 lakh crore budget for the state for the financial year 2025-26, giving tax reliefs of Rs 148 crore.

In his budgetary address, Desai announced a host of new schemes and projects and said the budget was based on five pillars - social security, human resource development, infrastructure development, green growth and development of economic activities.

Desai informed the House that the budget outlay of Rs 3,70,250 crore for 2025-26 indicates an increase of Rs 37,785 crore, or 11.3 per cent, compared to the previous fiscal.