The Union Budget 2026, India's pivotal annual financial statement, will outline the government's estimated revenues and expenditures for the upcoming fiscal...
The Union Budget 2026 is India's annual financial plan, presented by the government, detailing expected revenues and expenditures for the fiscal year starting April 1, 2026, outlining economic policies and resource allocation.
The Union Budget is traditionally presented on the first day of February each year, allowing roughly two months for parliamentary approval before the new fiscal year begins.
The Union Budget is presented by India's Finance Minister in the Parliament, usually accompanied by the Finance Bill and Appropriation Bill.
It's vital as it shapes economic policy, impacts taxation, determines government spending on infrastructure, social schemes, and defense, and influences the overall economic direction and growth of the country.