Budget 2026: Sitharaman to present her 9th budget today; will taxpayers will receive the benefits?
Budget 2026: Finance Minister Nirmala Sitharaman will present her 9th Union Budget in Parliament today. The Economic Survey 2025-26 has indicated a growth of around 7%. The budget is expected to focus on expanding employment schemes and capital investment. Markets are watching closely to see what message the government sends regarding taxes, inflation, investment, and global risks.
Union Budget 2026 Updates
Today is February 1st, a day that will determine the direction of the country's economy. Today, Finance Minister Nirmala Sitharaman will present her 9th consecutive Union Budget in Parliament. While taxpayers are hoping for relief from this budget, the middle class, villagers, and farmers are also keeping a close eye on the government. Investors are focused on how the government strikes a balance between growth and fiscal consolidation.
This budget comes at a time when, on one hand, the country's domestic demand is said to be strong, and on the other hand, there is an atmosphere of turmoil in the world. The global economy is going through a period of uncertainty amidst US tariff policies and geopolitical tensions.
Will taxpayers will receive the benefits?
The Economic Survey 2025-26, presented in Parliament just before the budget, has presented a broad picture of the Indian economy. India is benefiting from its working-age population, but major challenges remain in health and employment. Growth is projected at 6.8% to 7.2% in the upcoming financial year. Domestic demand has strengthened. Currently, every section of society wants to know whether there will be changes in the tax slabs in Budget 2026? Will there be renewed emphasis on employment and infrastructure? Or will it be a budget that increases rural spending?
India's roadmap for the second quarter of the 21st century
According to government officials, Part B of the budget will reflect India's priorities that will strengthen the country's position on the global stage in the second quarter of the 21st century. This section will openly discuss issues such as India's current economic capabilities, future prospects in manufacturing, trade and exports, and India's role in global value chains. This is why economists and policy experts from India and abroad will be closely watching this section.
Budget Speech to Deviate from Tradition, Focus on Part B
Traditionally, Part A of the budget speech has been considered the most important, outlining the state of the economy, challenges, and broad policy direction. Part B, on the other hand, was usually limited to tax proposals and technical announcements. However, this time the picture will be different. Sources say that the Finance Minister will speak in unusually extensive detail in Part B, presenting not only short-term policy measures but also a long-term economic vision.
What's Special About This Year's Budget?
Finance Minister Nirmala Sitharaman is set to present her ninth consecutive Union Budget today. This year's budget is considered historic and a departure from tradition in many ways. According to government sources, Part B of the budget speech will be the most crucial part this time, where the complete blueprint of India's economic direction and reforms will be presented.
