The Union Budget 2025 offers mixed outcomes for Indian students studying abroad. While tax relief for families and expanded research fellowships provide some financial support, there is no new assistance for international education funding or easing loan burdens. The budget also introduces stricter compliance measures on foreign remittances under the Liberalized Remittance Scheme, affecting students relying on family support. The government’s focus on domestic economic growth overlooks systemic funding challenges for outbound students.Union Budget 2025: What the tax and funding reforms mean for Indian students abroad
The Union Budget 2025 offers mixed outcomes for Indian students studying abroad. While tax relief for families and expanded research fellowships provide some financial support, there is no new assistance for international education funding or easing loan burdens. The budget also introduces stricter compliance measures on foreign remittances under the Liberalized Remittance Scheme, affecting students relying on family support. The government’s focus on domestic economic growth overlooks systemic funding challenges for outbound students.