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Retirement Corpus Calculator Retirement Corpus Calculator Current Age Retirement Age Current Monthly Expenses (Rs.) Expected Inflation (% per year) Calculate Retirement Corpus Required: ₹ First Month Withdrawal at Retirement (Inflation Adjusted): ₹ If Retirement Corpus earns ~7% annually: You can withdraw approx ₹ per month for 30 years

On February 1, 2025, India's Finance Minister Nirmala Sitharaman presented the Union Budget, introducing significant reforms aimed at stimulating economic growth, enhancing consumer spending, and promoting sustainable development. Key Highlights of the Union Budget 2025: 1. Personal Income Tax Reforms: To bolster the middle class and increase disposable income, the government has revised the income tax slabs under the new tax regime: Income up to ₹12 lakh: No tax liability. Standard Deduction: Increased to ₹75,000 from the previous ₹50,000. This means individuals earning up to ₹12.75 lakh annually will be exempt from income tax. For incomes above ₹12.75 lakh, the updated tax rates are as follows: These adjustments are anticipated to boost household consumption, savings, and investment. 2. Agricultural Initiatives: The budget places a strong emphasis on agriculture with the introduction of the Prime Minister Dhan-Dhaanya Krishi Yojana, targeting 100 districts and...