Budget 2026 focuses on capex, manufacturing, raises transaction tax
pre-market1 source ↓written by the desknot a recommendation
- Union Budget
- ₹53.5 lakh crore
- in key indices
- 2% drop
Finance Minister Nirmala Sitharaman unveiled a ₹53.5 lakh crore Union Budget for 2026-27, emphasizing long-term tax incentives for global data centers and infrastructure spending. However, a hike in securities transaction tax on equity derivatives led to a 2% drop in key indices during budget-day trading, raising concerns among investors. The budget aims to foster growth amid global risks while avoiding populist measures.
Not investment advice. For informational purposes only.