As preparations for Budget 2026 gather pace, expectations are building around key sectors such as income tax relief, MSMEs, railways, agriculture, and fertilisers.
Key Highlights So Far
- Income Tax:
Taxpayers are expecting rationalisation of slabs, higher exemptions, and relief for the middle class to boost consumption. - MSME Sector:
The government is likely to focus on easier credit access, lower compliance burden, and incentives to support job creation and exports. - Railways in Focus:
- The railway budget allocation could cross ₹2.52 lakh crore, which would be a historic high.
- New sleeper Vande Bharat trains are expected to start operations soon.
- Significant funding may be earmarked for Vande Bharat and Amrit Bharat trains, along with station redevelopment and network expansion.
- Agriculture & Fertilisers:
Farmers and agri-linked sectors are hoping for higher allocations, support for fertiliser subsidies, and measures to improve rural incomes.
Overall, Budget 2026 is expected to balance growth support, infrastructure push, and fiscal discipline, with railways and MSMEs emerging as major beneficiaries, while agriculture remains a key area of expectation.
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