Union Budget 2026–27 Highlights: Key Announcements, Income Tax Changes & Economic Impact The Union Budget 2026–27, presented by Finance Minister Nirmala Sitharaman on 1 February 2026, outlines India’s roadmap toward Viksit Bharat 2047. The Budget focuses on economic growth, fiscal consolidation, infrastructure development, manufacturing expansion, AI adoption, and ease of living. Despite global trade uncertainty, the government has balanced growth with fiscal discipline, making this one of the most reform-oriented budgets in recent years. 📊 Budget 2026–27: Economic Snapshot GDP growth sustained at ~7% Fiscal deficit reduced to 4.3% of GDP Debt-to-GDP ratio lowered to 55.6% Capital expenditure raised to ₹12.2 lakh crore Net tax receipts estimated at ₹28.7 lakh crore This signals strong macroeconomic stability with continued government spending. 🏭 Manufacturing Push Under Budget 2026 Strategic Manufacturing Sectors Announced Biopharma SHAKTI – ₹10,000 crore to make Indi...