Union Budget 2026 will be presented on 1 February. It is the annual financial statement of India. The process began in August 2025. Ministries submitted estimates and consultations were held.
The Economic Survey reviews current economic performance. The Halwa Ceremony signals the final stage. Officials enter a lock-in period. This Budget is historically important.
It guides taxes, spending and reforms. It impacts citizens and the economy.
About Union Budget
- The Union Budget, constitutionally termed the Annual Financial Statement, is presented under Article 112 of the Indian Constitution.
- It provides a detailed account of the estimated receipts and expenditure of the Central Government for a financial year, which runs from 1 April to 31 March.
Union Budget 2026–27: Date and Time
The Nirmala Sitharaman, Union Finance Minister of India, will present the Union Budget 2026–27 on,
- Date: 1 February 2026
- Time: 11:00 AM
- Venue: Parliament, New Delhi
The timing was officially confirmed by Om Birla, Speaker of the Lok Sabha.
