The Assam government on Friday presented a Rs 2,85,084 crore Budget for the 2026-27 financial year and proposed to raise the tax exemption limit for small tea growers by four times and cut VAT on piped natural gas by almost 10 percentage points.

Assam Finance Minister Jayanta Malla Baruah also announced to continue all the major schemes rolled out during the last five years, while stating that he aims to cut the Budget deficit to Rs 419 crore. In a bid to provide relief to small tea growers, the finance minister proposed to enhance the agricultural income tax exemption threshold from Rs 2.5 lakh to Rs 10 lakh.