Union Budget 2026: Income Tax Relief, Tax Regime Change - What To Expect

The Union Budget 2026 arrives on February 1. Expert Chirag Chauhan, CA and Founder of C A Chauhan & Co, shares five key expectations. First, expect more spends on infrastructure and defence. Second, pro-poor schemes will continue as usual. Third, the new Income Tax Regime is coming—will it replace the old one? Fourth, new schemes for electric vehicles (EV) are on the horizon. Fifth, a tax surcharge for the super-rich seems likely. Beneficial schemes for women and senior citizens are also anticipated. Trump's tariffs add intrigue. Like, comment your thoughts, and subscribe for updates!