Allocation for rural development inched up Rs2.66 lakh cr for FY 26 from Rs 1.90lakh crore (revised estimates for FY 25). Budget estimates for FY 25 were at Rs 2.65 lakh crore.
Modi govt has made some big announcements including changes in the new tax regime with taxpayers not having to pay any income tax on earnings up to Rs 12 lpa ...
The government has earmarked Rs 6,81,210 crore for defence in the new budget, reflecting a 9.53 per cent rise from the Rs 6.22 lakh crore allocated for the ongoing fiscal year.