India Government Budget 2026โ27 Highlights
๐ฎ๐ณ India Union Budget 2026โ27 โ Major Highlights & Key Takeaways
The Union Budget 2026โ27 was presented by Finance Minister Nirmala Sitharaman in Parliament on 1st February 2026, outlining the Government of Indiaโs economic strategy, key policy priorities and major sector-wise announcements for the upcoming fiscal year.
๐งญ Vision & Economic Priorities
The Budget focuses on accelerating economic growth, enhancing competitiveness, and building resilience amidst a challenging global environment. It is guided by three core principles โ rapid growth, broad-based opportunity and inclusive development for all citizens.
๐ Fiscal & Growth Outlook
- Capital Expenditure (CapEx) raised to a record โน12.2 lakh crore, aimed at boosting infrastructure, connectivity and job creation.
- Fiscal deficit is targeted around 4.3% of GDP for FY27, continuing the governmentโs path of fiscal consolidation.
- India retains its position as one of the fastest-growing major economies with strong GDP momentum.
๐ผ Tax & Financial Reforms
- A simplified Income Tax regime with benefits for the middle class remains a priority (ongoing reforms expected).
- The government is introducing structural taxation reforms aimed at ease of compliance and stronger investment climate.
