Union Budget 2026 introduces new Income Tax Act from April
Why It Matters
The Union Budget is the foundational document for India's economic policymaking. For UPSC candidates, the Budget reveals critical trends in capital expenditure, direct and indirect taxation reforms, and the government's strategic focus on futuristic sectors like semiconductors, AI, and biopharmaceuticals. This information directly maps to GS3 requirements for analyzing economic growth, investment models, and technology missions.



