01 February 2025, Mumbai
Budget 2025 delivers key wins for the retail sector. The income tax exemption increase to Rs 12 lakh is set to boost consumption, benefiting retailers. MSMEs gain easier credit access, customised credit cards, and a new Fund of Funds, driving product innovation and market competition.
Regulatory simplifications and state-level reforms will enhance ease of doing business. The recognition of gig workers through e-Shram ID cards and health cover strengthens last-mile delivery and digital commerce.
Targeted industry support for footwear, leather, toys, and electronics will help these sectors scale. Women in retail benefit from hostels and crèches, improving workforce participation.
With a focus on consumption and business growth, this budget strengthens retail and fuels economic momentum.
