Budget 2026: Major Reforms Expected in Defense, Healthcare, and Tax Relief

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News18•31-01-2026, 16:17
Budget 2026: Major Reforms Expected in Defense, Healthcare, and Tax Relief
- •Finance Minister Nirmala Sitharaman to present Budget 2026 on February 1, with high expectations from all sectors.
- •Anticipated increase in government spending for the healthcare sector and promotion of indigenous defense production.
- •Infrastructure projects expected to accelerate, while the real estate sector hopes for lower interest rates and tax relief.
- •Middle class awaits income tax relief, including changes in tax slabs and increased standard deduction.
- •Experts suggest tax relief and consumption boost could strengthen the economy and support growth.
Why It Matters: Budget 2026 is set to bring significant reforms across defense, healthcare, real estate, and income tax.
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