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Union Budget: Capex up, tax holiday for data centres

YUGMARG NEWSPAPER

|

February 02, 2026

No change in income tax slabs

- AGENCY

Union Budget: Capex up, tax holiday for data centres

Finance Minister Nirmala Sitharaman on Sunday said the target for capex will be raised to Rs 12.2 lakh crore for FY27 from Rs 11.2 lakh crore earmarked for the current fiscal year and announced a slew of measures to boost infrastructure in the country.

Presenting the Union Budget for 2026-27 in the Lok Sabha, she said the government will continue to develop infrastructure in Tier-2 and Tier-3 cities.

"Budgeted capex of Rs 12.2 lakh crore in FY27 is 4.4 per cent of GDP, highest-ever," Sitharaman said at the post-Budget conference.

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