Union Budget 2026: Will the Middle Class Get Relief?
As February 1st approaches, all eyes are on Finance Minister Nirmala Sitharaman. The Union Budget 2026 is expected to balance fiscal consolidation with populist measures, especially targeting the salaried middle class.
Income Tax Expectations
The biggest question on everyone's mind: Will the tax slabs change? Experts predict a possible increase in the standard deduction and a widening of the tax brackets under the New Tax Regime to encourage adoption.
Infrastructure & Defense
The government's focus on capex is likely to continue, with massive allocations for railways, roadways, and defense modernization. This aims to sustain India's GDP growth momentum.
Managing Your Household Budget?
While the government plans the nation's finances, keeping your own household budget in check is just as important.
Use Splittly to track shared household expenses with your family or flatmates. Ensure everyone pays their fair share.
Track Expenses NowMarket Reaction
Stock markets are already volatile in anticipation. Sectors like infrastructure, banking, and renewable energy are expected to be in focus. Investors are advised to watch the fiscal deficit numbers closely.