Budget 2026: Defence Boost, Tax Tweaks, FDI Easing Expected
India
M
Moneycontrol•01-02-2026, 07:05
Budget 2026: Defence Boost, Tax Tweaks, FDI Easing Expected
- •India's Union Budget 2026 is anticipated to include higher defence outlays and simplified foreign investment norms.
- •Finance Minister Nirmala Sitharaman will present the budget, with global investors monitoring debt management and borrowing plans.
- •Economists expect a fiscal deficit target of 4.2% of GDP for 2026–27, with gross market borrowing projected to rise to Rs 16–16.8 trillion.
- •The Defence Ministry seeks a 20% increase in military spending and relaxed FDI rules for defence manufacturing.
- •Tax experts recommend scrapping the securities transaction tax and revising income tax rules for global firms.
Why It Matters: Budget 2026 focuses on defence, fiscal consolidation, FDI easing, and potential tax reforms.
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