Union Budget 2026: Top 10 Highlights from Nirmala Sitharaman's Announcements
Budget
M
Moneycontrol•01-02-2026, 15:18
Union Budget 2026: Top 10 Highlights from Nirmala Sitharaman's Announcements
- •Fiscal deficit estimated at 4.3% for next FY, a reduction from 4.4% in current FY.
- •Debt-to-GDP ratio projected to decrease to 55.6% by FY27, with a target of 50% by FY31.
- •Capital expenditure target increased to 12.2 lakh crore rupees, focusing on infrastructure development.
- •Tax holiday until 2047 for foreign companies offering global cloud services via data centers in India.
- •Support package for MSMEs and SMEs includes a 10,000 crore rupee SME Growth Fund and 2,000 crore for Self-Reliance India Fund.
Why It Matters: The Union Budget 2026 focuses on fiscal consolidation, infrastructure, and MSME support, with no major taxpayer relief.
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