US EditionUnion Budget 2026: Big Spending, Small Relief
Budget allocates Rs 12.2 lakh crore for infrastructure, tops up Self Reliance India Fund by Rs 4,000 crore, and supports MSMEs with new champion SME fund of Rs 10,000 crore.
- On Sunday, Union Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27 in Parliament, pegged at Rs 53.5 lakh crore with a fiscal deficit of 4%.
- Sitharaman outlined the Budget’s focus on interventions in 6 sectors, including manufacturing, MSMEs, and infrastructure, to promote growth, as she stated.
- Public capital expenditure rises to Rs 12.2 lakh crore for FY 2026-27, about a 9 per cent increase, and India Semiconductor Mission 2.0 receives a Rs 40,000 crore outlay.
- To support MSMEs, the proposal includes a Rs 10,000 crore fund for champion SMEs and a Rs 4,000 crore top-up to the Self Reliance India Fund in FY27, along with one girls' hostel in every district.
- Taxpayer-Friendly reforms allow corrections for a nominal fee, extending revised income-tax returns deadline to March 31 while retaining July 31 for ITR-1 and ITR-2 and August 31 for non-audit business cases and trusts.
18 Articles
18 Articles
Budget 2026 hikes capex to Rs 12.2 L crore in big push to infrastructure
Finance Minister Nirmala Sitharaman on Sunday, February 1, announced a capital expenditure of Rs 12.2 lakh crore in the Budget for 2026-27 to boost big-ticket infrastructure projects for growth and jobs in the economy. Presenting the Budget, the Finance Minister said that an Infrastructure Risk Development Fund would be set up to accelerate the development of big projects. She said that to push economic growth, the Budget proposes to deliver a p…
Budget 2026: 10 key announcements for India Inc
Budget 2026 Key Announcements: The Union Budget 2026-27 reshapes Corporate India with ten key moves. Infrastructure spending rises significantly. Manufacturing receives ecosystem capital, not just incentives. MSMEs get a substantial push for scale. Corporate tax architecture is rewritten with MAT becoming final. IT and digital services gain predictable taxation. Customs rationalisation lowers input costs. Trade logistics see faster clearances. C…
Budget 2026 at a glance: 10 key moves that could shape India’s economy and your wallet
From record capital expenditure and tax holidays for data centres to tighter rules on derivatives trading and fresh support for MSMEs, the Budget sets the tone for the financial year 2026–27. Here are the 10 biggest takeaways.
Budget 2026 Highlights: Key announcements & takeaways
The Union Budget for FY26-27, presented by Finance Minister Nirmala Sitharaman, focussed on accelerating economic growth through three “kartavyas” and significant reforms in manufacturing, infrastructure, and taxation.
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