The Finance Commission is a constitutional body that gives suggestions on Centre-state financial relations and is set up periodically
Nirmala Sitharaman presents the Union Budget today, marking her ninth straight Budget; she continued her handloom tradition by wearing a maroon Kanjeevaram saree from Tamil Nadu
This will take Sitharaman closer to the record of 10 budgets that were presented by former Prime Minister Morarji Desai over different time periods
With the fiscal deficit set to fall below 4.5% of GDP in FY26, markets will watch the FY27 Budget closely for many key number including some clarity on the govt's roadmap to reduce debt-to-GDP ratio
As per established tradition, Sitharaman met the President at the Rashtrapati Bhavan before presenting her record ninth Budget in the Lok Sabha
This Budget is expected to outline higher spending on roads, ports and railways to maintain demand, create jobs and insulate the world's fastest growing major economy from external headwinds
Despite it being a non-working day, trading will continue in the equity and commodity markets on account of presentation of Union Budget 2026
The government is likely to aim for a fiscal deficit at 4.2 per cent of GDP for 2026-27, down from 4.4 per cent this fiscal year
To boost private investment and demand, govt has rolled out reforms in recent months, including income tax cuts, labour law overhauls and steps to open the tightly controlled nuclear power sector
Some economists believe Sitharaman may use the proven cash cow - petrol and diesel - to shore up revenues
Sitharaman's Budget speech can be watched live on television, online platforms, and on the Business Standard website
After presenting Union Budget 2026-27, Finance Minister Nirmala Sitharaman will interact with college students from across India to discuss its vision and youth impact
Under the revised Fiscal Responsibility and Budget Management (FRBM) Act, the fiscal deficit target was below 4.5 per cent of GDP for 2025-26
Economic Survey 2026 says India is better placed than many economies due to strong macro fundamentals, but warns these buffers will not fully insulate it from global volatility
India's economy is expected to grow 6.8-7.2% in 2026-27; exports, domestic demand and reforms support growth, while global trade tensions pose some risks
India's economy is expected to grow 6.8-7.2% in 2026-27; exports, domestic demand and reforms support growth, while global trade tensions pose some risks
In addition, a statement reviewing the working of the Airports Economic Regulatory Authority of India, New Delhi, for the year 2024-25 will be presented before the House
Finance Minister Nirmala Sitharaman will present the Union Budget 2026 in Parliament on February 1. Here's the time, venue and how to watch the Budget speech live
Budget 2026-27 breaks new ground, but delayed GDP rebasing and continued fiscal secrecy risk undermining its numbers within weeks
The ceremony took place at the North Block on Raisina Hill, the old address of the Finance Ministry, as the new premises at the Kartyava Bhawan-I do not have a printing press