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The Times of India

Business / The Times of India

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Budget Highlights 2026: Key announcements by FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27, announcing a Rs 12.2 lakh crore capex target and a fiscal deficit of 4.3%. Key highlights include no changes to income tax slabs, relief for accident compensation recipients, and reduced TCS on overseas tour packages. The new Income Tax Act, 2025, takes effect April 1.

1 Feb 2026 11:02 am