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February 01, 2026 - Current affairs for all the Exams: Union Budget 2026-27: Capex Hiked to ₹12.2 Lakh Crore, Focus on Infrastructure and Healthcare

February 01, 2026

Finance Minister Nirmala Sitharaman presented her record ninth consecutive Union Budget on February 1, 2026, prioritizing infrastructure growth with a 9% hike in capital expenditure, while providing significant relief for cancer patients through customs duty exemptions and introducing a new Income Tax Act.

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ALL TN Comp Exams Prep

February 01, 2026 - Current affairs for all the Exams: <b>Union Budget 2026-27: Capex Hiked to ₹12.2 Lakh Crore, Focus on Infrastructure and Healthcare</b>

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1. Who presented the Union Budget for the ninth consecutive time on February 1, 2026?

2. What is the primary vision or theme of the Union Budget 2026?

3. What is the proposed allocation for public capital expenditure (Capex) for FY27?

4. What is the estimated fiscal deficit for FY27 as per the 2026 budget?

5. The Centre expects to receive how much in dividends and surpluses from the RBI and nationalized banks?

6. When is the new Income Tax Act 2025 set to take effect?

7. How many critical cancer drugs have been exempted from basic customs duty in the 2026 Budget?

8. The Tax Collected at Source (TCS) on overseas tour packages has been reduced to what flat rate?

9. To discourage high-risk retail trading, the government increased the Security Transaction Tax (STT) on which segment?

10. What is the total allocation for the Ministry of Defense in the 2026-27 budget?

11. Which three cities are part of the newly announced 'Southern Rail Triangle'?

12. The budget introduced a tax holiday for which specific infrastructure in the technology sector?

13. What is the name of the Centre of Excellence launched by SBI to finance sunrise sectors like green hydrogen and EVs?

14. India added how many new Ramsar sites to its network ahead of World Wetlands Day 2026?

15. Who won the Australian Open 2026 title, completing a career Grand Slam?

16. By how much was the customs duty on personal goods brought into India by travelers reduced?

17. What is the total allocation for Indian Railways in the 2026 budget?