Union Finance Minister Nirmala Sitharaman presented a budget of Rs 53.5 lakh crore.
Budget 2026 Key Announcement: The eyes of common people across the country were fixed on the Union Budget 2026. People had great expectations from this budget regarding inflation, tax relief, employment and daily needs. In Budget 2026, the government has taken many such decisions, which have a direct impact on the pockets of the common man.
The question is, what relief did the general public get in this budget, what things became cheaper and on which fronts the expectations were fulfilled. Let us see one by one what has been announced for which sector in the budget?
1. Now there will be no jail for income tax evasion
Now there will be no jail sentence for hiding income tax or finding irregularities, but the matter can be settled only by paying a fine. Finance Minister Nirmala Sitharaman has also reduced TCS on foreign travel to 2%, which will make traveling cheaper. Also, a new and simple income tax law is going to come into effect from April 1, 2026. Click here to read the full news…
2. What became cheap and what became expensive?
Many important changes have been made in the budget to provide relief to the general public. Medicines, mobiles, EV batteries and sports goods have been made cheaper by changes in customs duty, while cigarettes, foreign liquor, luxury goods and F&O trading have become expensive. Click here to read the full news…
3. India will become biopharma hub
A budget of Rs 10 thousand crore has been released for biopharma in the budget. Finance Minister Nirmala Sitharaman has proposed Biopharma Shakti with an expenditure of Rs 10,000 crore in the next five years to develop India as a global biopharma manufacturing hub. Click here to read the full news…
4. Which scheme got how much money?
In Budget 2026, the treasury has been opened focusing on villages, poor and farmers. The biggest budget has been given to MNREGA (VB-G RAM G) and free ration scheme. At the same time, relief has been given to the common man through PM Kisan and Ayushman Bharat. Know how much money has come from the government treasury under which scheme. Click here to read the complete news.
5. More than 250000 jobs in health sector
Many big steps related to health services, training and medical infrastructure have been announced in the budget. The government aims to prepare lakhs of new professionals in the health and care sector in the coming years, so that better medical services are available in the country and the youth get new career options. Click here to read the full news…
6. Special announcement for electoral states
Many projects were announced in the budget for states like West Bengal, Assam, Tamil Nadu, Puducherry and Kerala. Rare earth dedicated corridors will be built in these states. Apart from this, 7 high-speed rail corridors have been proposed, which aim to connect Tier-2 and Tier-3 cities with major urban centers and re-establish railways as a clean, fast alternative to road and short-haul air travel. Click here to read the full news…
7. Announcement of Rs 40,000 crore for semiconductor
Special attention has been paid to reducing India’s dependence on other countries of the world including China for semiconductors. To advance the semiconductor mission, the budget was increased to Rs 40,000 crore. Has announced the launch of Semiconductor Mission 2.0. Under this, the focus will be on industry-led research and training centers for semiconductors. Click here to read the full news…
8. Tourism will get new momentum
The government has announced several important initiatives to make tourism a strong engine of long-term economic growth. In this budget, special emphasis has been laid on medical tourism, heritage conservation and connectivity of remote areas. Seaplane services will be promoted to increase remote and last mile connectivity. Click here to read the full news…
9. Announcements that change the face of the country
The Finance Minister has increased the capital expenditure to Rs 12.20 lakh crore. Many such announcements have been made including high-speed rail corridors and regional medical centers which will take the country towards developed India. Click here to read the full news…
10. Growth through AI and new technology
In the budget, he kept AI and advanced technology as the main focus. AI will become a growth multiplier and open new skill-employment opportunities. Tech development will be accelerated through India AI Mission and R&D Fund. Click here to read the full news…
11. Gift of cheap medicines and new AIIMS
The government has announced to make cancer and sugar medicines cheaper, which will reduce the cost of treatment significantly. Apart from this, 3 new AIIMS and 5 regional medical hubs will be opened in the country. Along with promoting Ayurveda, it has also been announced to provide training to 1.5 lakh youth in the health sector. Click here to read the full news…
12. Big support to small industries
A big announcement has been made in the budget for the MSME sector, which is considered the economic backbone of the country. The way the package of Rs 10 thousand crore has been announced in the budget, small and medium enterprises will get affordable financial assistance. Click here to read the full news…
13. Girls hostel, 5 universities in every district
Many announcements related to education and employment have also been made in this budget in which new institutions, universities, employment and other issues have been discussed. The government has proposed to build a girls hostel in every district of the country. This means that a large number of new hostels will be built in the coming time. Click here to read the full news…
14. Announcement of 7 new high-speed rail corridors
It has been announced in the budget to build 7 new high-speed rail corridors. With this, big cities will be connected to fast and safe rail network. The government has proposed a capital expenditure of Rs 12.2 lakh crore for the financial year 2027, which will give a new impetus to infrastructure, trade and employment. Click here to read the full news…
15. Proposal to create Content Creator Lab
There is a proposal in the budget to support creator economy and AVGC i.e. animation, visual effects, gaming and comics industry. ABGC (Animation, Visual Effects, Gaming and Comics) content creator labs will be created in 500 secondary schools and 500 colleges. Click here to read the full news…
16. India will become AI data center hub
The government has given big tax relief to the AI data center sector in Budget 2026. There is a proposal to give tax holiday till 2047 to foreign companies like Google and Amazon providing cloud services from data centers in India. This is expected to increase the investment of global tech companies. Click here to read the full news…
17. The sky will thunder with missiles and fighter jets
Giving top priority to the security of the country, a budget of ₹ 7.85 lakh crore has been allocated to the Defense Ministry. This amount is much more than ₹6.81 lakh crore for the previous financial year 2025-26 and is being considered an important step in view of India’s growing security challenges. Click here to read the full news…
18. What is special for women?
By upgrading the Lakhpati Didi scheme in Budget 2026, emphasis has been laid on making rural women owners of their own businesses. Under this, it was also announced to start SHE-Marts. Click here to read the full news…
19. Cashew-almonds will strengthen farmers
The government has laid special emphasis on making farming more profitable, farming related works and new technology. Finance Minister Nirmala Sitharaman has taken several steps to increase the earnings of farmers, increase employment in villages and modernize farming. Click here to read the full news…
20. How much budget for sports and players?
In the budget, Rs 4479.88 crore was allocated to the Ministry of Youth Affairs and Sports. Along with this, the launch of Khelo India Mission was also announced. Rs 1133.34 crore has been collected from the last budget. Click here to read the full news…