Budget 2026: 10 Key Moves to Shape India's Economy and Your Wallet
Business
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Moneycontrol•01-02-2026, 14:27
Budget 2026: 10 Key Moves to Shape India's Economy and Your Wallet
- •Finance Minister Nirmala Sitharaman presented her ninth Union Budget, focusing on fiscal restraint, infrastructure, and sectoral incentives.
- •The Budget projects India's GDP growth at 6.8-7.2% for FY27, driven by domestic demand and structural reforms.
- •Key measures include a trimmed fiscal deficit, record capital expenditure, and a tax holiday for global cloud players.
- •Significant support for MSMEs, increased securities transaction tax on derivatives, and capital gains tax on share buybacks were announced.
- •New rare earth corridors, high-speed rail projects, and a reduced TCS on overseas education and medical remittances are also part of the budget.
Why It Matters: Budget 2026 outlines strategic fiscal and economic policies aimed at growth, stability, and infrastructure development.
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