Budget 2026: Sitharaman proposes revised ITR filing till March 31 with nominal fee

In the Union Budget 2026-27 presented by Finance Minister Nirmala Sitharaman, key proposals include an extended deadline for revised income tax returns, support for establishing rare earth corridors in various states, upgrades to the Lakhpati Didi Yojana aimed at promoting women's entrepreneurship, and the introduction of seven high-speed rail corridors connecting major cities. Additionally, the government's net market borrowing is projected at ₹11.73 lakh crore for the fiscal year 2027.