Union Budget 2026: Key Expectations, Policy Signals, and Sector-wise Outlook
Union Budget 2026: Key Expectations, Policy Signals, and Sector-wise Outlook The Union Budget 2026, scheduled to be presented on 1st February, arrives at a crucial juncture for India’s economy. With global uncertainties, currency pressures, rapid technological shifts, and rising consumer expectations, this Budget is expected to focus less on populist announcements and more on structural reforms, execution efficiency, and long-term sustainability. From taxpayers to startups, from defence to green energy, here is a detailed and forward-looking analysis of what stakeholders expect from the Union Budget 2026. Key Expectations from Union Budget 2026 1. Income Tax: Stability with Targeted Relief After the significant increase in the basic exemption limit to ₹12 lakh under the new tax regime in the previous Budget, experts do not anticipate major changes in tax slabs this year. However, the government is expected to: Continue strengthening the new tax regi...