Union Budget 2026-27 Expected to Emphasize Growth, Tax Simplification, and Infrastructure

The Union Budget 2026-27, to be presented on February 1 by Finance Minister Nirmala Sitharaman, is expected to focus on sustaining economic growth through capital expenditure, fiscal consolidation, and tax simplification. Key taxpayer expectations include further rationalisation of income tax slabs, increased standard deductions, and enhanced rebates under the new tax regime, while maintaining stability without major rate changes. Infrastructure, especially railways and manufacturing, and reforms in GST and compliance are also priorities. Experts and industry leaders emphasize policy continuity, administrative ease, and targeted incentives to boost investment, innovation, and consumption amid global uncertainties.