Union Budget 2026-27 (Budget Estimate)
Fiscal Policy · Ministry of Finance — indiabudget.gov.in · data as of 2026-02-01
Latest value
- Union Budget 2026-27 (Budget Estimate): FY 2026-27 BE
- As of: 2026-02-01
What it measures
The Union Government's annual financial statement of estimated receipts and expenditure for a fiscal year, presented to Parliament, including the fiscal/revenue/primary deficit targets.
How it is calculated
Ministry of Finance compiles budget estimates from every ministry/department's expenditure demands and revenue projections (tax buoyancy assumptions, disinvestment targets, borrowing plans), consolidated under the FRBM Act's fiscal-deficit glide path.
Key figures
- Fiscal Deficit: 4.3% of GDP
- Revenue Deficit: 1.5% of GDP
- Primary Deficit: 0.7% of GDP
- Total Expenditure: ₹53.47 Lakh Cr
- Capital Expenditure: ₹12.22 Lakh Cr
- Revenue Expenditure: ~₹41.25 Lakh Cr (derived)
Release and revisions
Published: Annual
Annual — presented February 1 each year by the Finance Minister
Revisions: Budget Estimates (BE) presented Feb 1; Revised Estimates (RE) presented with the following year's budget based on actual first ~9 months' collections/spending; Actuals published by the CGA ~18 months later.
Source: Ministry of Finance, Department of Economic Affairs / Budget Division