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Below The Union Budget 2025: Education Sector By Mr Mayuresh Kini, Principal Officer, Zinc Financial Advisors

“The decision to raise the TCS threshold on overseas remittances from Rs.7 lakh to Rs.10 lakh is a progressive step that increases capital flexibility for individuals and businesses involved in global investments, education, and travel. We believe this aligns with India’s vision for enhanced financial integration while streamlining the remittance process for greater efficiency.

Equally notable is the allocation of Rs.500 crore for an AI Centre of Excellence in education, along with the establishment of five National Centres of Excellence for skill development and the expansion of IIT infrastructure to accommodate 6,500 more students. These initiatives reflect a strong commitment to nurturing a future-ready workforce, equipped with the skills necessary to lead AI-driven transformations and deep-tech innovations.

Moreover, the government's focus on deep-tech innovation through the introduction of a dedicated Fund of Funds (FoF) is highly promising. Providing structured capital will fuel the growth of AI and frontier technology startups, positioning India as a leader in cutting-edge innovation.

These measures underscore a forward-thinking approach to financial accessibility, innovation funding, and AI-driven skilling, reinforcing India's role as a global leader in both technology and finance.”

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