Budget 2026- Will gold and silver become cheaper today: Finance Minister will read the budget speech at 11 am; Income of Rs 13 lakh expected to be tax free

Budget 2026- Will gold and silver become cheaper today: Finance Minister will read the budget speech at 11 am; Income of Rs 13 lakh expected to be tax free


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The budget will come today on 1 February 2026. Finance Minister Nirmala Sitharaman will present it at 11 am. The government can make 5 big announcements in this budget.

There are speculations that income of Rs 13 lakh can be tax free for employed people. At the same time, the prices of gold and silver may decrease due to reduction in import duty.

5 big wishlists of middle class

1. Income Tax: In the new tax regime, standard deduction may be increased from Rs 75 thousand to Rs 1 lakh. With this, income of up to Rs 13 lakh of a salaried person can be tax-free.

2. Kisan Samman Nidhi: The amount of PM-Kisan scheme can be increased from Rs 3 thousand to Rs 6 thousand to Rs 9 thousand. There has been talk of increasing it for the last 2-3 years.

3. Rail Infrastructure: To reduce the waiting list, 300+ new Amrit Bharat and Vande Bharat trains may be announced. Railways may get the biggest fund till date.

4. PM Surya Ghar Yojana:In the budget, there may be an announcement to increase the subsidy on solar systems up to 2 kW from Rs 30 thousand per kilowatt to Rs 40 thousand.

5. Ayushman Bharat: The scope of Ayushman Bharat (PM-JAY) scheme can be increased. Currently, elderly people above 70 years of age are getting the benefit of this scheme, which can be reduced to 60 years.

Before going ahead with the news, you can give your opinion by joining the poll…

What will be cheap or expensive in the budget?

Today, from the vegetables on your plate to the smartphone in your hand, the prices of most things are decided by the GST Council and not the Finance Minister. In the budget, some goods go up and down simply due to increase or decrease in import duty. This time gold and silver may become cheaper in the budget.

The government can reduce the basic custom duty on gold and silver from 6% to 4%. If this happens then gold can become cheaper by about Rs 3 thousand per 10 grams and silver by Rs 6 thousand.

Now important things related to the budget…



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