Budget 2026: Nirmala Sitharaman Breaks 75-Year Tradition with Major Speech Reform

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News18•01-02-2026, 10:32
Budget 2026: Nirmala Sitharaman Breaks 75-Year Tradition with Major Speech Reform
- •Union Finance Minister Nirmala Sitharaman will present the Budget 2026-27 in Lok Sabha at 11 AM.
- •A 75-year-old tradition regarding the budget speech format is set to change, with a major decision taken by Sitharaman.
- •Traditionally, Part 'A' of the budget speech was more detailed, focusing on financial announcements and economic data, while Part 'B' was brief.
- •This year, Part 'B' is expected to be the main focus, detailing policy decisions, tax structure changes, and future development roadmap.
- •The reform aims to present direct and indirect tax proposals in greater detail, explaining benefits for common people and industries.
Why It Matters: Nirmala Sitharaman is set to reform the Budget 2026 speech format, giving more prominence to Part 'B'.
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