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Defence, education, railways, income tax & more: 10 big announcements in Union Budget 2026

Finance minister Nirmala Sitharaman presented the Union Budget 2026-27, her ninth consecutive, with major announcements across defence, railways, income tax, and healthcare. Prime Minister Modi hailed it as "historic" and a "high flight toward Viksit Bharat." Key proposals include a significant defence allocation, seven high-speed rail corridors, a simplified Income Tax Act, and support for rare-earth mineral development.
Sources: Times of India - India, Hindu, NDTV +13 more
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