Key EventsFinance minister Nirmala Sitharaman Budget speech ends Finance minister Nirmala Sitharaman ended her Budget speech. Changes in income-tax punishment Finance minister spells out changes to income-tax punishment and impunity for different classes of taxpayers. Additional corridors are planned to further strengthen regional connectivity and economic growth across the country under the Union Budget 2026-27. She was in 2019 appointed as India's first full-time woman finance minister when Prime Minister Narendra Modi won a decisive second term. With inputs from PTICabinet approves Budget 2026 The Cabinet has approved Union Budget 2026.

Source: The Telegraph February 01, 2026 05:02 UTC