Union Budget 2026-27 will be presented on February 1 at 11 AM in Lok Sabha. Parliament’s Budget Session begins January 28 and continues till April 2 in two phases.
Finance Minister Nirmala Sitharaman chaired pre-Budget 2026-27 consultations with States and UTs, focusing on capital investment support and continuation of the SASCI scheme.
Industry seeks a customs duty amnesty in Budget 2026-27 as ₹1.52 lakh crore remains locked in litigation, alongside calls for tariff rationalisation, correction of inverted duty structures due to FTAs and faster customs clearances.
MSMEs urge Budget 2026 to fix GST 2.0 inverted duty issues, ease compliance, boost credit access and shield exporters from US tariff shocks.
Ahead of the Union Budget, ICAI has sought changes in the default tax regime, including health insurance deductions, higher surcharge thresholds and joint taxation for couples.
As India prepares for Union Budget 2026, the Finance Ministry sees multiple new secretaries while Budget work progresses normally despite no designated Finance Secretary.
Industry bodies WTC Mumbai and AIAI urge the government to announce targeted MSME measures in Union Budget 2026-27, focusing on affordable credit, GST-linked financing and export support.
Ahead of Budget 2026, BCCI flags a tax anomaly where small taxpayers lose Section 87A rebate due to capital gains under Sections 111A and 112.
he Finance Ministry has invited citizens to submit suggestions for the Union Budget 2026-27 through MyGov. Inputs can be shared till January 16. Budget likely on Feb 1.
FM Nirmala Sitharaman has hinted at a major overhaul of India’s customs framework before Budget 2026, with reforms expected in duty rationalisation, digitisation, compliance schemes and dispute resolution.
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