A year after a Budget that won quick approval for its tax cuts, Union Budget 2026 has drawn a more muted response in Hyderabad, with citizens calling it progressive in intent but short on immediate relief. Richa Rao, 36, a businesswoman from Bachupally, said her hopes of buying a home had been pushed further away. I was expecting some relief, or at least a small push, but to my surprise the budget did not touch on affordable housing,” she said. For Surender Rao, 63, a retired banker from Secunderabad, the reduction in tax collected at source on overseas remittances brought relief. With the rate coming down, paying his semester fees, which is due in a month, will be easier,” he said.

Source: The Hindu February 01, 2026 16:41 UTC