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The Union Budget for 2026-27 focused on smaller changes that will impact specific groups, such as higher STT rates for F&O trades and incentives for equity investments from PROIs. It also announced relief in TCS rates for foreign education and medical treatment, and made tweaks to income tax rules for easier compliance.

Finance Minister Nirmala Sitharaman emphasised India's creative industry in her Budget speech and announced plans to boost the 'orange economy'. She proposed support for AVGC sector, a new National Institute of Design, and developing 15 archaeological sites into cultural destinations. The term 'orange economy' comes from a 2013 book.