Union Budget 2026
Path to Viksit Bharat
Reform Over Rhetoric. People Over Populism. Accelerating growth with a 7% GDP target and ₹12.2 Lakh Crore in capital expenditure.
Empowering the
Agricultural Backbone
A dedicated focus on high-value agriculture, digital infrastructure, and allied sectors to boost farmer incomes and productivity.
Blue Economy
Dev of 500 reservoirs & shrimp farming clusters.
AgriStack
Digital public infrastructure for farmer data.
Oilseeds Abhiyan
Atmanirbharata in mustard, groundnut & sesame.
Dairy Sector
Comprehensive program for dairy farmers.
Bharat-VISTAAR
The Three Kartavyas
The budget outlines three core duties (Kartavyas) to drive India towards prosperity, balancing ambition with inclusion and resilience.
First Kartavya: Growth
Accelerate economic growth & enhance productivity.
Second Kartavya: Aspirations
Build people's capacity & fulfil aspirations.
Third Kartavya: Inclusion
Sabka Sath, Sabka Vikas. Equitable access for all.
Powering a Sustainable Future
Ensuring long-term energy security through diversification, nuclear power, and critical mineral resilience.
Nuclear Power
Emphasis on Small Modular Reactors (SMRs) and extending custom duty exemptions for nuclear projects till 2035.
CCUS Mission
Launch of Carbon Capture, Utilization, and Storage (CCUS) mission with a massive outlay of ₹20,000 Crore.
Critical Minerals
Customs duty exemptions on capital goods for Lithium-Ion cells and critical mineral processing to secure supply chains.
Fiscal Consolidation
Committed to reaching a debt-to-GDP ratio of < 50% by 2030. Fiscal deficit is on a steady downward trajectory.
Budget Highlights
Revenue Receipts
Estimated at ₹35.3 Lakh Crore for 2026-27, showing robust economic activity.
States Share
Total transfer to States & UTs estimated at ₹26.2 Lakh Crore. Vertical devolution retained at 41%.
Total Expenditure
Budgeted at ₹41.3 Lakh Crore, with strong thrust on public investment.
Taxation & Reforms
Simplifying the tax regime to boost compliance and support the service sector.
- IT Sector Boost Safe harbour threshold increased to ₹2,000 Cr. 15.5% margin fixed.
- STT Adjustment Futures: 0.05% | Options Premium: 0.15%.
- Customs Exemptions Cancer Drugs & Solar Glass
Buyback Tax Reform
Taxed as Capital Gains for shareholders.
Trust-Based
Governance
Moving from suspicion to trust. Reducing compliance burden and decriminalizing minor offences to unleash India's entrepreneurial spirit.
Decriminalization
Non-production of books & TDS payment delays decriminalized.
Customs Facilitation
Tier 2 & 3 AEOs get duty deferral up to 30 days.
Dispute Resolution
Honest taxpayers can settle disputes by paying penalty.
Jan Vishwas 2.0
"We trust our citizens. The new compliance regime focuses on self-certification and automated approvals."
Champions of
Viksit Bharat.
A three-pronged approach to help MSMEs grow: Financing, Technology, and Market Access.
- 1₹10,000 Cr SME Growth Fund
- 2TReDS Mandate for CPSEs (Liquidity)
- 3e-Commerce Hubs for Export facilitation
Service Sector Boost
PriorityInclusive Development
Ensuring that every community and region has access to resources and opportunities.
Nari Shakti
Setting up SHE Marts as community-owned retail outlets for Self-Help Groups.
Divyangjan
Divyang Sahara Yojana for assistive devices and upgrading ALIMCO for R&D.
Yuva Shakti
5 University Townships near industrial corridors and girls' hostels in STEM institutions.
Building Tomorrow
A massive thrust on infrastructure to lower logistics costs and improve connectivity.
Economic Corridors
Purvodaya Initiative
20 New Waterways
Connecting Mineral Hubs
City Economic Regions
Tier 2 & 3 Cities Focus
Energy Security
Nuclear & Solar
Impact Analysis
The budget supports Growth Connectors: 7 High-Speed Rail corridors including Mumbai-Pune and Delhi-Varanasi, along with Coastal Shipping promotion.
Where Does The Rupee Go?
Explore the major expenditure items in Budget 2026-27. Use the slider to explore different sectors.
Total Share
Impact
Revamp