Solicitor General Tushar Mehta hailed Budget 2026-27 as a bold roadmap for Viksit Bharat 2047, praising its balanced focus on infrastructure-led growth, fiscal discipline, high-speed rail, national waterways, digital public infrastructure, and a globally competitive, self-reliant India economy vision.
Finance Minister Nirmala Sitharaman proposed exempting interest on motor accident compensation from income tax, removing TDS obligations. The Budget move ensures MACT-awarded interest to individuals remains tax-free, offering relief to accident victims and simplifying compliance under the Income-tax Act.
