Budget 2026: Middle Class Eyes Tax Relief, Industry Focus on Investment, Job Creation

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News18•31-01-2026, 22:10
Budget 2026: Middle Class Eyes Tax Relief, Industry Focus on Investment, Job Creation
- •Middle class anticipates tax relief, potentially in capital gains, home loan interest, and education/health expenses.
- •Government aims to make the New Tax Regime more attractive by integrating benefits from the Old Tax Regime.
- •Industry expects emphasis on Research & Development, Skill Development, and infrastructure spending to boost growth and jobs.
- •Increased investment is likely in defense, Artificial Intelligence, semiconductors, and electronics sectors.
- •Rural economy and agriculture to see new subsidies, housing schemes, and infrastructure announcements.
Why It Matters: Budget 2026 is expected to balance tax relief for the middle class with investment and job creation for industries.
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