Union Budget vs Interim Budget: Key differences – explained

Finance minister Nirmala Sitharaman will present the full Union Budget 2026 on January 1, a significant departure from the interim budgets of election years. This budget holds the power to drive change, focusing on fiscal discipline, infrastructure development, and boosting manufacturing and jobs. Tax expectations lean towards simplification and widening the base rather than rate cuts, aiming for sustainable growth.

Union Budget vs Interim Budget: Key differences – explained
Finance minister Nirmala Sitharaman will present the full Union Budget 2026 on January 1, a significant departure from the interim budgets of election years. This budget holds the power to drive change, focusing on fiscal discipline, infrastructure development, and boosting manufacturing and jobs. Tax expectations lean towards simplification and widening the base rather than rate cuts, aiming for sustainable growth.