India’s Budget 2026–27: Capex Boost, Tax Relief, and Inclusive Development (Major Highlights)
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Union Budget 2026–27: What It Means for You The Union Budget 2026–27, with a total outlay of ₹53.5 lakh crore, sets the tone for India’s growth journey while keeping fiscal discipline in check. The government has targeted a fiscal deficit of 4.3% of GDP and aims to keep the debt-to-GDP ratio at 55.6%. This balance shows a cautious approach to borrowing but a strong commitment to development. 🚆 Big Push for Infrastructure One of the biggest announcements is the increase in capital expenditure to ₹12.2 lakh crore. This money will go into building better roads, expanding railways, and strengthening logistics. The highlight is the launch of seven new high-speed rail corridors , which promise faster travel and job creation. The government also announced rare earth corridors , which will reduce dependence on imports and boost industries like electronics and defense. 💰 Tax Relief and Compliance For the middle class, there’s good news. Income tax rules have been simplified, making filin...