Defence, education, railways, income tax & more: 10 big announcements in Union Budget 2026 Finance minister Nirmala Sitharaman presented the Union Budget 2026-27, her ninth consecutive, with major announcements across defence, railways, income tax, and healthcare. Prime Minister Modi hailed it as "historic" and a "high flight toward Viksit Bharat." Key proposals include a significant defence allocation, seven high-speed rail corridors, a simplified Income Tax Act, and support for rare-earth mineral development. #Union_Budget #Nirmala_Sitharaman #Budget_2026-27 #Finance_minister #Sitharaman_presented #minister_Nirmala #railways #ninth_consecutive #big_announcements #income_tax