The Union Budget 2026 was presented with a strong focus on healthcare expansion and infrastructure growth, while income tax slabs were left unchanged. The government stated that tax stability was necessary to maintain fiscal balance amid global economic uncertainty.
Major Relief for Cancer Patients
In a significant move for public health, the government announced that 17 life-saving cancer medicines will be fully exempt from customs duty. This step is expected to reduce treatment costs and improve access to advanced therapies for patients across the country.
Three New Ayurvedic AIIMS
To strengthen traditional healthcare systems, the budget proposed the establishment of three new Ayurvedic AIIMS-style institutes. These centres will focus on research, education, and integrated treatment using India’s traditional medical knowledge alongside modern practices.
Infrastructure Push: 7 High-Speed Rail Corridors
The budget also unveiled plans to build seven high-speed rail corridors connecting major economic and industrial hubs. The project aims to improve travel efficiency, reduce logistics costs, and boost employment in construction and allied sectors.
No Change in Income Tax Slabs
Despite expectations of tax relief, the government confirmed that personal income tax slabs will remain unchanged for the next financial year. Officials clarified that existing exemptions and rebates will continue, and any future tax reforms will be part of a broader structural review.
Focus on Long-Term Growth
The government emphasized that Budget 2026 prioritizes long-term growth through healthcare affordability, sustainable transport, and institutional capacity building rather than short-term populist measures.
