Union Budget 2026 Expected to Prioritize Infrastructure and Targeted Tax Relief

The Union Budget 2026, to be presented on February 1, is expected to focus on cautious tax relief with limited changes to income tax slabs and deductions. Senior citizens may receive healthcare-related benefits, while broader tax cuts appear unlikely due to revenue concerns. The government aims to prioritize capital expenditure on infrastructure, healthcare, and social sectors, alongside support for MSMEs and employment. Digitisation efforts may ease tax compliance, though taxpayers are advised to verify pre-filled information carefully.