India Budget 2026 Highlights LIVE Updates: Union Finance Minister Nirmala Sitharaman presented her record ninth consecutive budget in the Lok Sabha on Sunday, where she announced a nearly 9 per cent increase in capital spending for the next financial year. She said the higher capital expenditure is meant to keep infrastructure projects moving and support overall economic growth. She proposed to expand the economy through strengthening medical, heritage and cultural tourism. FM Sitharaman reiterated the Government’s consistent delivery on fiscal commitments without compromising on social needs.
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Gold, Silver hit lower circuit: Silver prices saw a sharp sell-off on Saturday, plunging nearly 19 per cent to Rs 3.12 lakh per kg, while gold rate slipped over 2 per cent to Rs 1.65 lakh per 10 grams ahead of the Union Budget 2026, as investors booked profits amid a global market rout triggered by a stronger US dollar. Gold prices also weakened, falling Rs 3,500, or 2.07 per cent, to Rs 1,65,500 per 10 grams (inclusive of all taxes). In the previous session, gold of 99.9 per cent purity had declined 7.6 per cent after hitting a record Rs 1,83,000 per 10 grams.
Income Tax Slab Changes Budget 2026 LIVE: Follow here
What happened in last Budget: Budget 2025-26 had ringed in a major relief for income-tax payers as the slab rates were changed under the new tax regime. Taking into account standard deduction, it meant salaried individuals didn’t need to pay anything if they earned an annual taxable income of up to Rs 12.75 lakh.
