Archive · 31 Jan 2026
Union Budget 2026-27: Expectations and Preparations
The Union Budget 2026-27 is going to be presented on February 1, 2026, by Finance Minister Nirmala Sitharaman.
This will be her ninth budget, and it's special because it's being presented on a Sunday for the second time in India's history.
People are excited and have different hopes.
Some tech companies want more money for AI and digital things.
Uttar Pradesh wants more money for things like metro trains and schools.
The budget will talk about how much money the government has, how much it spends, and how much it owes.
It's like a big plan for how the country will use its money in the next year.
Finance Minister Nirmala Sitharaman will present the Union Budget 2026-27 on February 1, 2026, marking her ninth consecutive budget and the second time the budget is presented on a Sunday.
Technology firms are expecting the budget to focus on AI ecosystem development, digital infrastructure, and liquidity for AI adoption across sectors.
Uttar Pradesh is seeking a larger share of central tax devolution and increased grants for infrastructure, agriculture, and industrial growth ahead of the 2027 Assembly elections.
Key numbers to watch in the budget include fiscal deficit (estimated at 4.4% of GDP for FY26), capital expenditure (₹11.2 lakh crore for FY26), and nominal GDP growth (revised to 8% for FY26).
The budget presentation will be live telecasted on various platforms, and markets will operate as usual to react to the announcements in real time.
- Who
- Finance Minister Nirmala Sitharaman, Uttar Pradesh government, Technology firms, Press Information Bureau (PIB)
- What
- Preparations and expectations for the Union Budget 2026-27, including fiscal deficit, capital expenditure, and sector-specific demands
- When
- January 30-31, 2026 (pre-budget discussions), February 1, 2026 (budget presentation)
- Where
- India, with a focus on Uttar Pradesh and the central government
- Why
- To outline the government's financial plans, allocate resources, and address sector-specific needs and expectations
- Budget Presentation Date
- February 1, 2026
- Finance Minister
- Nirmala Sitharaman
- Fiscal Deficit (FY26)
- 4.4% of GDP
- Capital Expenditure (FY26)
- ₹11.2 lakh crore
- Gross Tax Revenue (FY26)
- ₹42.70 lakh crore
- GST Collection (FY26)
- ₹11.78 lakh crore
- Nominal GDP Growth (FY26)
- 8% (revised from 10.1%)
- Uttar Pradesh's Central Tax Share (FY26)
- ₹2.55 lakh crore
- Uttar Pradesh's Central Tax Share (FY27)
- ₹2.80 lakh crore
Sources
Has Union Budget 2026 Leaked? PIB Fact-Checks Images Going Viral On Social Media
Budget Leaked Before Feb 1? Pictures Of Scanned Copy Shared Online | What's The Truth?
Budget for worlds fastest-growing major economy: Key numbers to be watched
Budget for world's fastest-growing major economy: Key numbers to be watched
Tech firms seek push for AI, innovation, digital infrastructure in Budget
Budget 2026: FM Sitharaman set to make history as Budget is presented on Sunday
Uttar Pradesh eyes stronger central support in Union Budget 2026–27 ahead of assembly elections
Budget 2026 Preview – What you need to know? Top 10 expectations
Nirmala Sitharaman's Big Break From 75-Year-Old Budget Tradition
