Budgets 2025 and 2024 have provided significant tax reductions and refunds. (Photo Credit: X)
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News1830-01-2026, 18:31

Budget 2026: Key Expectations for Nirmala Sitharaman's Ninth Budget

  • Finance Minister Nirmala Sitharaman will present her ninth consecutive Union Budget 2026-27 on February 1.
  • The budget is expected to focus on manufacturing, agriculture, renewable energy, MSMEs, AI, and robotic technologies.
  • Potential changes include raising the standard deduction to Rs 1 lakh and increasing senior citizens' benefits under Section 80TTB.
  • Home loan interest deduction under Section 24(b) may increase, and Section 80D health insurance deductions could expand.
  • Significant capital expenditure (CAPEX) for infrastructure, increased railway funding, and higher agriculture spending are anticipated.

Why It Matters: Budget 2026 is set to address growth, taxes, and sector-specific goals with potential relief for taxpayers.

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