Kolkata: Finance minister Nirmala Sitharaman will present the Union Budget for the next financial year on Sunday, Feb 1, 2026. Incidentally, this is the second time in independent India that the budget will be tabled in Parliament on a Sunday. The first time is happened was in 1999. This will also be the ninth budget for the FM and she is just one budget away from equaling former FM Morarji Desai’s record of 10 budget presentations.

When the FM presented the Budget in 2025, she had the onerous task of reviving the consumption process. She did her bit by providing significant income tax relief. As a result a salaried individual who earns up to Rs 12.75 lakh a year won’t have too pay any income tax........

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