Budget 2026: An income tax surprise likely for middle class? Why FM Sitharaman is betting big on ‘Consumption’ this year
- Posted on January 12, 2026
- By Financial Express
- 4 Views
Budget 2026: An income tax surprise likely for middle class? Why FM Sitharaman is betting big on ‘Consumption’ this year

Union Budget 2026 Live: As Finance Minister Nirmala Sitharaman prepares to present her ninth Budget, expectations centre on a consumption-led growth push, tax certainty, MSME support and targeted infrastructure spending amid tight fiscal conditions.