Union Budget 2026 Expectations Live Updates: Tax Cuts, Customs Overhaul & Export Growth In Focus: Will It Satisfy Taxpayers?

Union Budget 2026 Expectations Live Updates: As the Union Budget approaches, expectations are running high across India’s economy, spanning from taxpayers to different sectors.

Taxpayers, especially the middle class, are hoping for meaningful relief. With inflation pinching daily expenses, there is a strong demand for higher tax exemptions, simplified compliance, and incentives that encourage long-term savings without adding complexity. For salaried individuals and small professionals, the Budget is expected to ease financial stress while rewarding honesty and consistency.

Also Read: Parliament Budget Session 2026 Live Updates: Budget Session To Begin Today; Opposition To Raise MGNREGA, SIR Issues

Finance Minister Nirmala Sitharaman will present the Union Budget on Sunday, February 1, 2026, at 11 AM. The presentation will be significant on two counts—it will be her ninth consecutive budget and the first time since 2017 that the Budget is being presented on a Sunday.

Against the backdrop of a 7.4 per cent growth rate and an uncertain geopolitical climate marked by global volatility and a shifting world order, this will be the third full Budget of the Modi 3.0 government.