Union Budget 2026: The Indian Union Budget 2026-27 will be presented on February 1, 2026, at 11 AM IST. Indian Finance Minister Nirmala Sitharaman will deliver it on a Sunday in Parliament.
Budget 2026 NewsÂ
The upcoming Nirmala Sitharaman Union Budget will focus on tax relief, infrastructure development, and economic growth, despite international tariff conflicts and regional diplomatic tensions. The budget supports India’s Viksit Bharat@2047 initiative, which combines fiscal responsibility with investments that provide high economic returns.
Union Budget 2026: DateÂ
The Union Budget 2026 is scheduled for Sunday, February 1, 2026. This marks the first time in Indian history that the budget is presented on a Sunday, upholding the February 1 tradition started in 2017. The Budget Session of Parliament starts on January 28 with the President’s address, followed by the Economic Survey presentation on January 31.
Union Budget 2026: TimeÂ
Finance Minister Nirmala Sitharaman will table the budget at 11:00 AM IST. The live stream will be accessible through Sansad TV, Doordarshan, and the official Union Budget website. The stock exchanges NSE and BSE will conduct a special trading session on the weekend.
What to Expect?
Union Budget 2026-27 will seek tax reforms, infrastructure investment, and specific industry funding to achieve 7-7.5% economic expansion. The new income tax system will increase basic income tax exemption limits to ₹5 lakh, while the 30% tax bracket will begin at ₹36-40 lakh. The government plans to increase standard deduction rates and permit salaried employees to deduct home loan interest up to ₹3 lakh.
The government maintains its focus on infrastructure development through ongoing capital expenditures, which amount to ₹11.21 lakh crore for railway systems, renewable energy projects and digital infrastructure development. Customs duties may be simplified from eight to four slabs to aid Make in India, alongside MSME support and innovation incentives. Defence funding will increase for domestic production of military equipment, which results from current geopolitical conflicts, while agricultural research develops seeds that resist climate change and implements financing programs for farmers.
The fiscal requirements of technology and green sectors need AI/robotics tax breaks, EV incentives, and GST adjustments for battery storage. The government projects a fiscal deficit of 4.4% through gross borrowings of ₹14.82 lakh crore, while state transfers experience a 12.5% increase to reach ₹25.60 lakh crore. This strategic plan addresses macroeconomic uncertainties through its three main objectives, which focus on employment creation, attracting private funding, and achieving national independence to establish lasting development.Â
