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Union Budget 2026-27

Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27 on 1 February 2026, targeting a fiscal deficit of 4.3% of GDP, ₹12.2 lakh crore of capital spending and a record ₹7.85 lakh crore for defence. It is in the news because the Centre's accounts to August 2026, published on 30 September, put receipts at 37.5 percent and spending at 38.9 percent of the full-year estimates.

Last updated 30 September 20266 min read
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Replaces the June accounts with the Centre's position to August 2026: receipts at 37.5 percent and spending at 38.9 percent of Budget Estimates, tax devolution ₹5,90,391 crore.

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