Budget Highlights 2026: No change in tax slabs, high-speed rail and rare earth corridors among key announcements by FM Nirmala Sitharaman

Feb 2, 2026 - 17:00
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Budget Highlights 2026: No change in tax slabs, high-speed rail and rare earth corridors among key announcements by FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27, announcing a Rs 12.2 lakh crore capex target and a fiscal deficit of 4.3%. Key highlights include no changes to income tax slabs, relief for accident compensation recipients, and reduced TCS on overseas tour packages. The new Income Tax Act, 2025, takes effect April 1.

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