Finance Minister Nirmala Sitharaman and top officials explain the thinking behind Budget 2026-27, from record capex and tax reforms to disinvestment and global risks
FM Sitharaman tightens fiscal deficit target at 4.3% of GDP
Union Budget for 2026-27 lines up new high-speed rails, freight corridor
The Budget has indeed woken up the sleeping markets, just not the way the government's fans would have expected
Budget targets 10% global services share by 2047
Finance Minister Nirmala Sitharaman stressed youth-led growth, SME capacity building and region-specific measures, seeking to address trade challenges while signalling outreach to poll-bound states
Budget FY27 signals deeper banking reforms, possible PSB consolidation and higher borrowing, shifting the onus to RBI to manage yields and liquidity
In choosing prudence over populism and strategic self-reliance over protectionism, the FM has presented a Budget worthy of India's aspirations
Budget FY27 bets on fiscal discipline, public investment and technology-led reforms to sustain growth and build long-term economic resilience
The Union Budget proposes restructuring of state-owned NBFCs PFC and REC to improve scale and efficiency, but the government has stopped short of indicating whether the two lenders will be merged
The Union Budget proposes a one-time measure allowing eligible SEZ manufacturing units to sell a portion of their output in the domestic market at concessional duty to offset US tariff shocks
The second increase in STT since 2024, effective April 1, seeks to curb excessive speculation in derivatives markets and boost tax collections hit by lower trading volumes this fiscal
The Budget for agriculture and allied activities was projected to grow by 7.1 per cent in the Budget Estimates of FY27 as against the Revised Estimates of FY26
Budget 2026 announces rare-earth corridors and waives customs duty on mineral processing equipment, aiming to cut import dependence and secure supply chains vital for EVs, renewable energy
Finance Minister Nirmala Sitharaman pitches tier-II and tier-III cities as engines of growth, rolling out reform-linked funding for city economic regions to drive balanced urban development
FM said the govt will revise baggage clearance rules and enhance duty-free allowances to reflect modern travel patterns and address passenger concerns over valuation and temporary carriage of goods
Budget 2026-27 Highlights: Finance Minister Nirmala Sitharaman presented her ninth straight Union Budget in the Lok Sabha on Sunday. Catch updates here
Nirmala Sitharaman rebuts Rahul Gandhi's criticism, says India's economic fundamentals are strong and the Budget supports farmers, MSMEs and women
Union Budget 2026 drew mixed reactions from industry leaders, who welcomed the growth and capex push while stressing the need for execution clarity, long-term policy support and reform follow-through
Key sectors such as defence and railways saw large FY27 allocations in the Budget documents, even though they found little or no mention in Sitharaman's Budget 2026 speech