The budget is expected to address income tax, GST, economic revival, and citizen welfare.

Landmark Budgets of India:

Black Budget (1973): Yashwantrao B. Chavan’s budget under Indira Gandhi faced a fiscal deficit of ₹550 crores, leading to the nationalization of insurance companies and coal mines.

Epochal Budget (1991): Dr. Manmohan Singh introduced market liberalization and reduced customs duties, laying the foundation for India’s economic growth.

Dream Budget (1997): P. Chidambaram reformed the tax system by reducing income tax rates and corporate taxes.

Millennium Budget (2000): Yashwant Sinha promoted the IT sector by offering incentives for software exports and introducing customs duties to modernize it.

Aam Aadmi Budget (2005): P. Chidambaram launched MGNREGA and the RTI Act to support rural welfare.

Once-in-a-Century Budget (2021): Nirmala Sitharaman prioritized healthcare, infrastructure, and privatization during the COVID-19 pandemic.