Budget 2026 Analysis
Live Desk: Central Pay Team
Updated: 01:00 PM IST
Budget 2026 Verdict: New Tax Slabs & 8th Pay Commission Committee Announced
New Delhi (01:00 PM): Finance Minister Nirmala Sitharaman has presented a growth-oriented Budget for FY 2026-27. The key highlight for the salaried class is the proposal to hike the **Standard Deduction to ₹75,000** and the revision of tax slabs under the New Regime.
💰 For Employees
- Standard Deduction: ₹75,000 (Proposed)
- New Tax Regime: Exemption ₹4 Lakh
- 8th CPC: Committee Announced
🏗️ For Economy
- Capex: ₹11.11 Lakh Cr (+11.1%)
- Fiscal Deficit: 5.1%
- Railways: 3 New Corridors
New Tax Regime: Complete Breakdown
The Finance Bill 2026 proposes a restructured tax slab for the New Regime. The Basic Exemption Limit has been hiked from ₹3 Lakh to ₹4 Lakh.
| Income Slab | Rate | Tax Calculation (Example) |
|---|---|---|
| ₹0 – ₹4,00,000 | Nil | ₹0 |
| ₹4,00,001 – ₹8,00,000 | 5% | ₹20,000 (on ₹4L) |
| ₹8,00,001 – ₹12,00,000 | 10% | + ₹40,000 (on ₹4L) |
| Above ₹20,00,000 | 30% | – |
Live Reporting Log (Full Speech History)
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12:30 PM | CONCLUSION
Finance Bill Tabled
Finance Minister concludes the Budget Speech. The Finance Bill 2026 is tabled in Lok Sabha.
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12:25 PM | SALARY NEWS
Std Deduction & 8th CPC
Standard Deduction hike to ₹75,000 proposed. Committee formation announced for 8th Pay Commission review.
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12:15 PM | STARTUPS
Tax Holiday Extended
Tax benefits for Startups extended to March 31, 2026.
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11:45 AM | FISCAL
Fiscal Deficit Target
FY26 Fiscal Deficit target set at 5.1% of GDP.
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11:35 AM | CAPEX
Infra Boost
Capex raised by 11.1% to ₹11.11 Lakh Crore.
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11:25 AM | WELFARE
Housing & Solar
PM Awas Yojana (Rural) target +2 Crore houses. Solar Rooftop scheme for 1 Crore households.
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11:15 AM | OPENING THEME
Focus on ‘GYAN’
FM lists priority castes: Garib (Poor), Yuva (Youth), Annadata (Farmers), and Nari (Women).
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11:05 AM | REMARKS
Speech Begins
Finance Minister Nirmala Sitharaman rises to present the Union Budget 2026-27 in Lok Sabha.
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