Union Budget LIVE Updates: Education budget raised by over 8 per cent for FY26-27 to Rs 1.39 lakh crore
With education and skilling placed at the core of India`s long-term growth strategy in the Union Budget 2026-27, the government has allocated Rs 1.39 lakh crore to the education ministry, marking an 8.27 per cent increase over the previous financial year. The allocation accounts for around 2.6 per cent of the total estimated expenditure of Rs 53.5 lakh crore for 2026-27.

Union Budget LIVE Updates: Education budget raised by over 8 per cent for FY26-27 to Rs 1.39 lakh crore
With education and skilling placed at the core of India`s long-term growth strategy in the Union Budget 2026-27, the government has allocated Rs 1.39 lakh crore to the education ministry, marking an 8.27 per cent increase over the previous financial year. The allocation accounts for around 2.6 per cent of the total estimated expenditure of Rs 53.5 lakh crore for 2026-27.

Union Budget LIVE Updates: Indian stock indices nosedive on Budget day, Sensex dips over 1,800 points Indian stock indices nosedived as Union Finance Minister Nirmala Sitharaman presented the Budget for 2026-27 in the Parliament on Sunday. Pre-Budget, the indices were largely steady, but they dipped as the Budget speech progressed and closed the session deep in the red. (ANI)&nbsp;

Union Budget LIVE Updates: Indian stock indices nosedive on Budget day, Sensex dips over 1,800 pointsIndian stock indices nosedived as Union Finance Minister Nirmala Sitharaman presented the Budget for 2026-27 in the Parliament on Sunday. Pre-Budget, the indices were largely steady, but they dipped as the Budget speech progressed and closed the session deep in the red. (ANI)&nbsp;

Union Budget 2026 LIVE Updates: Income tax slabs remain unchanged after Budget 2026
Finance Minister Nirmala Sitharaman on Sunday has left income tax slabs unchanged in the Union Budget 2026, meaning taxpayers will continue to be taxed at the same rates as in FY 2025&ndash;26 under both the old and new regimes. While there is no revision in slabs, the Budget addresses several long-standing concerns of middle-class taxpayers through targeted relief measures, including a reduction in TCS rates and the introduction of new dividend-related deductions. As a result, salaried individuals and other taxpayers will not see changes in slab rates, but may benefit from procedural and compliance-related easing announced in the Union Budget 2026. <a href="https://www.mid-day.com/news/india-news/article/what-has-changed-in-income-tax-slabs-after-union-budget-2026-income-tax-slabs-unchanged-in-budget-fm-addresses-key-taxpayer-pain-points-23614695" target="_blank" rel="none noopener">Read more</a>
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Union Budget 2026 LIVE Updates: Income tax slabs remain unchanged after Budget 2026
Finance Minister Nirmala Sitharaman on Sunday has left income tax slabs unchanged in the Union Budget 2026, meaning taxpayers will continue to be taxed at the same rates as in FY 2025&ndash;26 under both the old and new regimes. While there is no revision in slabs, the Budget addresses several long-standing concerns of middle-class taxpayers through targeted relief measures, including a reduction in TCS rates and the introduction of new dividend-related deductions. As a result, salaried individuals and other taxpayers will not see changes in slab rates, but may benefit from procedural and compliance-related easing announced in the Union Budget 2026. Read more
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Union Budget 2026 LIVE Updates:&nbsp;Focus on simplifying tax administration
Only a fine will be prescribed, with no imprisonment. The Finance Minister said these changes are part of a broader effort to simplify tax administration, reduce litigation, decriminalise technical or procedural defaults, and shift enforcement focus toward serious tax evasion rather than minor or inadvertent lapses.

Union Budget 2026 LIVE Updates:&nbsp;Focus on simplifying tax administration
Only a fine will be prescribed, with no imprisonment. The Finance Minister said these changes are part of a broader effort to simplify tax administration, reduce litigation, decriminalise technical or procedural defaults, and shift enforcement focus toward serious tax evasion rather than minor or inadvertent lapses.

Union Budget 2026 LIVE Updates: Proportionate punishment linked to tax evaded
Cases where the current maximum punishment is two years will see it reduced to six months (with or without fine), with no minimum imprisonment required. Prosecution will be based on the amount of tax evaded, with fines made optional and maximum imprisonment removed entirely for such offences.

Union Budget 2026 LIVE Updates: Proportionate punishment linked to tax evaded
Cases where the current maximum punishment is two years will see it reduced to six months (with or without fine), with no minimum imprisonment required. Prosecution will be based on the amount of tax evaded, with fines made optional and maximum imprisonment removed entirely for such offences.

Union Budget 2026 LIVE Updates: Reduction in maximum punishment
All prosecutions under the Act will now carry simple imprisonment instead of rigorous imprisonment. For any offence (except repeated offences), the maximum term of imprisonment is proposed to be reduced from seven years to two years.

Union Budget 2026 LIVE Updates: Reduction in maximum punishment
All prosecutions under the Act will now carry simple imprisonment instead of rigorous imprisonment. For any offence (except repeated offences), the maximum term of imprisonment is proposed to be reduced from seven years to two years.

Union Budget 2026 LIVE Updates: Key measures under rationalisation
Decriminalisation of specific actions: Production of books of account and documents, and ensuring payment of tax deducted source (TDS) from the deductee in cases where payment is made in kind will no longer attract criminal prosecution.

Union Budget 2026 LIVE Updates: Key measures under rationalisation
Decriminalisation of specific actions: Production of books of account and documents, and ensuring payment of tax deducted source (TDS) from the deductee in cases where payment is made in kind will no longer attract criminal prosecution.

Union Budget 2026 LIVE Updates: Govt proposes major overhaul of direct tax prosecution framework
Finance Minister Nirmala Sitharaman on Sunday proposed a significant rationalisation of prosecution provisions under the Income Tax Act as part of Union Budget 2026. The changes, announced as part of her speech on direct taxes, aim to decriminalise certain procedural non-compliances, reduce the severity of punishments, make penalties more proportionate, and ease the compliance burden on taxpayers.
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Union Budget 2026 LIVE Updates: Govt proposes major overhaul of direct tax prosecution framework
Finance Minister Nirmala Sitharaman on Sunday proposed a significant rationalisation of prosecution provisions under the Income Tax Act as part of Union Budget 2026. The changes, announced as part of her speech on direct taxes, aim to decriminalise certain procedural non-compliances, reduce the severity of punishments, make penalties more proportionate, and ease the compliance burden on taxpayers.
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Union Budget 2026 LIVE Updates: A youth power budget, reflects dreams, determination, energy of young India, says PM Modi
Prime Minister Narendra Modi on Sunday hailed the Union Budget 2026-27, calling it a "highway of immense opportunities" and said that the "Reform Express" on which India is riding, "will gain new energy and momentum through this budget". Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget on Sunday, motivated by three `kartavyas` or duties aimed at boosting and maintaining economic growth by improving competitiveness, meeting aspirations, and ensuring that every family, community, and region has access to resources and opportunities for engagement.

Union Budget 2026 LIVE Updates: A youth power budget, reflects dreams, determination, energy of young India, says PM Modi
Prime Minister Narendra Modi on Sunday hailed the Union Budget 2026-27, calling it a "highway of immense opportunities" and said that the "Reform Express" on which India is riding, "will gain new energy and momentum through this budget". Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget on Sunday, motivated by three `kartavyas` or duties aimed at boosting and maintaining economic growth by improving competitiveness, meeting aspirations, and ensuring that every family, community, and region has access to resources and opportunities for engagement.

Union Budget 2026 LIVE Updates: `Kartavya Bhawan framework guided by three duties` This is the first budget prepared in Kartavya Bhawan, guided by three core kartavyas (duties): accelerate and sustain economic growth by enhancing productivity, competitiveness, and resilience to global volatility; fulfil people&rsquo;s aspirations and build capacities so citizens become active partners in national prosperity, and deliver inclusive development under the principle of Sabka Saath, Sabka Vikas, ensuring all families, communities, regions, and sectors gain meaningful access to resources and opportunities.

Union Budget 2026 LIVE Updates: `Kartavya Bhawan framework guided by three duties`This is the first budget prepared in Kartavya Bhawan, guided by three core kartavyas (duties): accelerate and sustain economic growth by enhancing productivity, competitiveness, and resilience to global volatility; fulfil people&rsquo;s aspirations and build capacities so citizens become active partners in national prosperity, and deliver inclusive development under the principle of Sabka Saath, Sabka Vikas, ensuring all families, communities, regions, and sectors gain meaningful access to resources and opportunities.

Union Budget 2026 LIVE Updates: Yuva Shakti and citizen-focused approach The Finance Minister described the budget as a Yuva Shakti-driven exercise, inspired in part by ideas shared by young leaders during the Viksit Bharat Young Leaders Dialogue 2026. The government&rsquo;s focus remains on the poor, underprivileged, and disadvantaged, ensuring growth benefits farmers, Scheduled Castes, Scheduled Tribes, nomads, youth, women, and economically weaker sections.

Union Budget 2026 LIVE Updates: Yuva Shakti and citizen-focused approachThe Finance Minister described the budget as a Yuva Shakti-driven exercise, inspired in part by ideas shared by young leaders during the Viksit Bharat Young Leaders Dialogue 2026. The government&rsquo;s focus remains on the poor, underprivileged, and disadvantaged, ensuring growth benefits farmers, Scheduled Castes, Scheduled Tribes, nomads, youth, women, and economically weaker sections.

Union Budget 2026 LIVE Updates: India&rsquo;s global integration amid challenging international context&nbsp;
Reforms have also focused on employment generation, agricultural productivity, household purchasing power, and universal access to services, contributing to poverty reduction and improved living standards. Acknowledging the challenging global context &mdash; including trade tensions, disrupted supply chains, and rising demands for water, energy, and critical minerals &mdash; Sitharaman affirmed India&rsquo;s commitment to advancing towards a developed nation (Viksit Bharat) by balancing growth with inclusion while remaining integrated with global markets to boost exports and attract long-term investment.

Union Budget 2026 LIVE Updates: India&rsquo;s global integration amid challenging international context&nbsp;
Reforms have also focused on employment generation, agricultural productivity, household purchasing power, and universal access to services, contributing to poverty reduction and improved living standards. Acknowledging the challenging global context &mdash; including trade tensions, disrupted supply chains, and rising demands for water, energy, and critical minerals &mdash; Sitharaman affirmed India&rsquo;s commitment to advancing towards a developed nation (Viksit Bharat) by balancing growth with inclusion while remaining integrated with global markets to boost exports and attract long-term investment.

Union Budget 2026 LIVE Updates: Focus on self-reliance and inclusive growth&nbsp;
She said these outcomes were the result of deliberate policy choices prioritising structural reforms, fiscal prudence, monetary stability, and strong public investment over populism. The Finance Minister said the Modi government has placed self-reliance (Atmanirbhar Bharat) at the centre of its approach, building domestic manufacturing capacity, strengthening energy security, and reducing dependence on critical imports.

Union Budget 2026 LIVE Updates: Focus on self-reliance and inclusive growth&nbsp;
She said these outcomes were the result of deliberate policy choices prioritising structural reforms, fiscal prudence, monetary stability, and strong public investment over populism. The Finance Minister said the Modi government has placed self-reliance (Atmanirbhar Bharat) at the centre of its approach, building domestic manufacturing capacity, strengthening energy security, and reducing dependence on critical imports.

Union Budget 2026 LIVE Updates:&nbsp;Finance Minister Nirmala Sitharaman presents Union Budget 2026-27 in Parliament
Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget for 2026-27 in Parliament, coinciding with Magha Purnima and the birth anniversary of Guru Ravidas. In her opening remarks, Sitharaman highlighted the government&rsquo;s 12-year record of economic management, citing stability, fiscal discipline, sustained growth averaging around 7 per cent, and moderate inflation.

Union Budget 2026 LIVE Updates:&nbsp;Finance Minister Nirmala Sitharaman presents Union Budget 2026-27 in Parliament
Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget for 2026-27 in Parliament, coinciding with Magha Purnima and the birth anniversary of Guru Ravidas. In her opening remarks, Sitharaman highlighted the government&rsquo;s 12-year record of economic management, citing stability, fiscal discipline, sustained growth averaging around 7 per cent, and moderate inflation.

Union Budget LIVE Updates: Here`s what Finance Minister Nirmala Sitharaman has proposed for the education sector
Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2026 on Saturday, proposed the setting up of a girls&rsquo; hostel in every district to improve access to education for female students, particularly those from rural and underserved areas. To strengthen industry&ndash;academia collaboration, she also proposed establishing five university townships or academic zones next to major industrial hubs. <a href="https://www.mid-day.com/news/india-news/article/union-budget-2026-girls-hostels-atal-tinkering-labs-medical-seats-and-language-initiatives-announced-23614679" target="_blank" rel="none noopener">Read more</a>

Union Budget LIVE Updates: Here`s what Finance Minister Nirmala Sitharaman has proposed for the education sector
Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2026 on Saturday, proposed the setting up of a girls&rsquo; hostel in every district to improve access to education for female students, particularly those from rural and underserved areas. To strengthen industry&ndash;academia collaboration, she also proposed establishing five university townships or academic zones next to major industrial hubs. Read more

Union Budget 2026 LIVE Updates: Indian Merchants&rsquo; Chamber office bearers watch Union Budget 2026 in Mumbai
<img src="http://admin.mid-day.com/images/2026/feb/Budgetmumbai_e.jpg" alt="" width="1280" height="720" />
PIC/SHADAB KHAN

Union Budget 2026 LIVE Updates: Indian Merchants&rsquo; Chamber office bearers watch Union Budget 2026 in Mumbai

PIC/SHADAB KHAN

Union Budget 2026 LIVE Updates: FM proposes to exempt minimum alternate tax for non-residents paying tax on presumptive basis
Finance Minister Nirmala Sitharaman on Sunday proposed to exempt Minimum Alternate Tax (MAT) for non-residents who pay tax on presumptive basis. In her Budget speech, she said the threshold for availing safe harbour for IT services is being enhanced from Rs 300 crore to Rs 2,000 crore. Sitharaman added that the tax collected at source rate on liquor, scrap, and mineral has been rationalised to 2 per cent.

Union Budget 2026 LIVE Updates: FM proposes to exempt minimum alternate tax for non-residents paying tax on presumptive basis
Finance Minister Nirmala Sitharaman on Sunday proposed to exempt Minimum Alternate Tax (MAT) for non-residents who pay tax on presumptive basis. In her Budget speech, she said the threshold for availing safe harbour for IT services is being enhanced from Rs 300 crore to Rs 2,000 crore. Sitharaman added that the tax collected at source rate on liquor, scrap, and mineral has been rationalised to 2 per cent.

Union Budget 2026 LIVE Updates: FM proposes to increase time limit for filing revised IT returns from Dec 31 to Mar 31
Finance Minister Nirmala Sitharaman on Sunday proposed to increase time limit for filing revised income tax (I-T) return from December 31 to March 31, on payment of nominal fee. The government also proposed reduction in TCS rate for pursuing education and medical education under liberalised remittance scheme from 5 per cent to 2 per cent. Tax Collected at Source (TCS) rate on sale of overseas tour packages was announced to cut to 2 per cent from 5 per cent. The rate was 20 per cent earlier.

Union Budget 2026 LIVE Updates: FM proposes to increase time limit for filing revised IT returns from Dec 31 to Mar 31
Finance Minister Nirmala Sitharaman on Sunday proposed to increase time limit for filing revised income tax (I-T) return from December 31 to March 31, on payment of nominal fee. The government also proposed reduction in TCS rate for pursuing education and medical education under liberalised remittance scheme from 5 per cent to 2 per cent. Tax Collected at Source (TCS) rate on sale of overseas tour packages was announced to cut to 2 per cent from 5 per cent. The rate was 20 per cent earlier.

Union Budget 2026 LIVE Updates:&nbsp;Income Tax Act 2025 to come into effect from April 1, 2026
The Income Tax Act, 2025, is set to come into effect from 1 April 2026, featuring simplified rules, redesigned forms, and multiple direct tax relief measures, including lower TCS rates and new exemptions. These reforms aim to ease compliance for taxpayers, reduce tax burdens on specific transactions, and eliminate ambiguities impacting individuals and service providers.
Income Tax Act 2025: New income tax framework to take effect from 1 April 2026 with simplified rules and redesigned forms.
Motor Accident Compensation: Interest awarded by the Motor Accident Claims Tribunal to natural persons exempted from income tax.
TCS Rates: Reduction of TCS on overseas tour program packages and on LRS remittances for education and medical purposes to 2&#37.
Manpower Services: Supply of manpower services brought under contractor payments for TDS purposes to eliminate ambiguity.

Union Budget 2026 LIVE Updates:&nbsp;Income Tax Act 2025 to come into effect from April 1, 2026
The Income Tax Act, 2025, is set to come into effect from 1 April 2026, featuring simplified rules, redesigned forms, and multiple direct tax relief measures, including lower TCS rates and new exemptions. These reforms aim to ease compliance for taxpayers, reduce tax burdens on specific transactions, and eliminate ambiguities impacting individuals and service providers.
Income Tax Act 2025: New income tax framework to take effect from 1 April 2026 with simplified rules and redesigned forms.
Motor Accident Compensation: Interest awarded by the Motor Accident Claims Tribunal to natural persons exempted from income tax.
TCS Rates: Reduction of TCS on overseas tour program packages and on LRS remittances for education and medical purposes to 2&#37.
Manpower Services: Supply of manpower services brought under contractor payments for TDS purposes to eliminate ambiguity.

Union Budget 2026 LIVE Updates: FM proposes seven high-speed, one dedicated freight corridors in Union Budget
Finance Minister Nirmala Sitharaman on Sunday proposed seven high-speed corridors among various cities and a new dedicated freight corridor between Dankuni in West Bengal and Surat in Gujarat in the Union Budget for 2026-27. "In order to promote an environmentally-sustainable passenger system, we will develop seven high-speed rail corridors between cities as growth connectors," she said while presenting the Union Budget.

Union Budget 2026 LIVE Updates: FM proposes seven high-speed, one dedicated freight corridors in Union Budget
Finance Minister Nirmala Sitharaman on Sunday proposed seven high-speed corridors among various cities and a new dedicated freight corridor between Dankuni in West Bengal and Surat in Gujarat in the Union Budget for 2026-27. "In order to promote an environmentally-sustainable passenger system, we will develop seven high-speed rail corridors between cities as growth connectors," she said while presenting the Union Budget.

Union Budget 2026 LIVE Updates: Govt proposes to lower debt-to-GDP ratio to 55.6 pc in FY27: Sitharaman
The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said on Sunday. Presenting the Union Budget 2026-27, she said the Centre has allocated Rs 5,000 crore for CITY Economic Regions (CERs) over five years.

Union Budget 2026 LIVE Updates: Govt proposes to lower debt-to-GDP ratio to 55.6 pc in FY27: Sitharaman
The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said on Sunday. Presenting the Union Budget 2026-27, she said the Centre has allocated Rs 5,000 crore for CITY Economic Regions (CERs) over five years.

Union Budget 2026 LIVE Updates: `I have allocated Rs 1.4 lakh crores for states for FY2026-27,` says FM
Union finance minister Nirmala Sitharaman said, "The Government has accepted 16th Finance Commission recommendations to retain the vertical share of devolution at 41&#37. I have allocated Rs 1.4 lakh crores for states for FY2026-27."

Union Budget 2026 LIVE Updates: `I have allocated Rs 1.4 lakh crores for states for FY2026-27,` says FM
Union finance minister Nirmala Sitharaman said, "The Government has accepted 16th Finance Commission recommendations to retain the vertical share of devolution at 41&#37. I have allocated Rs 1.4 lakh crores for states for FY2026-27."

Union Budget 2026 LIVE Updates: FM Nirmala Sitharaman proposes Divyangjan Kaushal Yojana
Union finance minister Nirmala Sitharaman in Lok Sabha proposed measures specifically to cater to the needs of divyangjan to ensure dignified livelihood opportunities for them.

Union Budget 2026 LIVE Updates: FM Nirmala Sitharaman proposes Divyangjan Kaushal Yojana
Union finance minister Nirmala Sitharaman in Lok Sabha proposed measures specifically to cater to the needs of divyangjan to ensure dignified livelihood opportunities for them.

Union Budget 2026 LIVE Updates: National Institute Of Hospitality to be set up
The government plans to set up a National Institute of Hospitality and proposes a scheme for training guides in tourism hubs in India. India has potential and opportunity to offer world-class trekking, hiking destinations, added Sitharaman. Turtle trails along key nesting sites in Odisha, Karnataka, and Kerala are to be developed. Additionally, 15 archaeological sites across the country will be developed.

Union Budget 2026 LIVE Updates: National Institute Of Hospitality to be set up
The government plans to set up a National Institute of Hospitality and proposes a scheme for training guides in tourism hubs in India. India has potential and opportunity to offer world-class trekking, hiking destinations, added Sitharaman. Turtle trails along key nesting sites in Odisha, Karnataka, and Kerala are to be developed. Additionally, 15 archaeological sites across the country will be developed.

Union Budget 2026 LIVE Updates: FM proposes coconut promotion scheme to increase production
Union Finance Minister Nirmala Sitharaman said, "To further enhance competitiveness in coconut production, I propose a coconut promotion scheme to increase production and enhance productivity through various interventions, including replacing non-productive trees with new saplings or plants of varieties in major coconut-growing states. A dedicated program is proposed for Indian cashew and cocoa to make India self-reliant in raw cashew and coconut production and processing, enhance export competitiveness and transform Indian cashew and Indian cocoa into premium global brands by 2030."

Union Budget 2026 LIVE Updates: FM proposes coconut promotion scheme to increase production
Union Finance Minister Nirmala Sitharaman said, "To further enhance competitiveness in coconut production, I propose a coconut promotion scheme to increase production and enhance productivity through various interventions, including replacing non-productive trees with new saplings or plants of varieties in major coconut-growing states. A dedicated program is proposed for Indian cashew and cocoa to make India self-reliant in raw cashew and coconut production and processing, enhance export competitiveness and transform Indian cashew and Indian cocoa into premium global brands by 2030."

Union Budget 2026 LIVE Updates: FM proposes to set up three new All India Institutes of Ayurveda
Union Finance Minister Nirmala Sitharaman said, "I propose to set up three new All India Institutes of Ayurveda; Upgrade Ayush pharmacies and drug testing labs and make available more skilled persons; Upgrade the WHO global Traditional Medicine Centre in Jamnagar."

Union Budget 2026 LIVE Updates: FM proposes to set up three new All India Institutes of Ayurveda
Union Finance Minister Nirmala Sitharaman said, "I propose to set up three new All India Institutes of Ayurveda; Upgrade Ayush pharmacies and drug testing labs and make available more skilled persons; Upgrade the WHO global Traditional Medicine Centre in Jamnagar."

Union Budget 2026 LIVE Updates: FM proposes incentives of Rs 100 cr for single bond issuance by municipal corporations
Finance Minister Nirmala Sitharaman on Sunday proposed incentives of Rs 100 crore for single bond issuance by municipal corporations of more than Rs 1,000 crore. She also announced restructuring of REC Ltd (formerly Rural Electrification Corporation) and Power Finance Corporation (PFC) as part of the government`s public sector financial institution strengthening. The minister proposed setting up high-level committee on `Banking for Viksit Bharat`. She said the country`s banking sector is characterised by a strong balance sheet, historic high profitability.

Union Budget 2026 LIVE Updates: FM proposes incentives of Rs 100 cr for single bond issuance by municipal corporations
Finance Minister Nirmala Sitharaman on Sunday proposed incentives of Rs 100 crore for single bond issuance by municipal corporations of more than Rs 1,000 crore. She also announced restructuring of REC Ltd (formerly Rural Electrification Corporation) and Power Finance Corporation (PFC) as part of the government`s public sector financial institution strengthening. The minister proposed setting up high-level committee on `Banking for Viksit Bharat`. She said the country`s banking sector is characterised by a strong balance sheet, historic high profitability.

Union Budget 2026 LIVE Updates: FM proposes to establish new dedicated freight corridors connecting Dankuni in the east to Surat in the west
Union Finance Minister Nirmala Sitharaman said, "To promote environmentally sustainable movement of cargo, I propose to establish new dedicated freight corridors connecting Dankuni in the east to Surat in the west, operational 20 new waterways over the next 5 years, starting with national waterways 5 in Odisha to connect mineral-rich areas of Talcher and Angul and industrial centres like Kalinganagar to the ports of Paradip and Damra. A ship repair ecosystem, catering to inland waterways, will also be set up at Varanasi and Patna."

Union Budget 2026 LIVE Updates: FM proposes to establish new dedicated freight corridors connecting Dankuni in the east to Surat in the west
Union Finance Minister Nirmala Sitharaman said, "To promote environmentally sustainable movement of cargo, I propose to establish new dedicated freight corridors connecting Dankuni in the east to Surat in the west, operational 20 new waterways over the next 5 years, starting with national waterways 5 in Odisha to connect mineral-rich areas of Talcher and Angul and industrial centres like Kalinganagar to the ports of Paradip and Damra. A ship repair ecosystem, catering to inland waterways, will also be set up at Varanasi and Patna."

Union Budget 2026 LIVE Updates: Outlay on electronics manufacturing to be increased to Rs 40,000 crore in FY27: FM
Finance Minister Nirmala Sitharaman on Sunday proposed to increase the outlay on electronics manufacturing to Rs 40,000 crore in the 2026-27 fiscal year. Presenting the Union Budget for 2026-27, she said high-tech tool rooms will be established at two locations to give push to capital goods manufacturing. Sitharaman also proposed a scheme for container manufacturing to create globally competitive ecosystem. Three dedicated chemical parks will also be set up to enhance domestic production, reduce import dependency, she added.

Union Budget 2026 LIVE Updates: Outlay on electronics manufacturing to be increased to Rs 40,000 crore in FY27: FM
Finance Minister Nirmala Sitharaman on Sunday proposed to increase the outlay on electronics manufacturing to Rs 40,000 crore in the 2026-27 fiscal year. Presenting the Union Budget for 2026-27, she said high-tech tool rooms will be established at two locations to give push to capital goods manufacturing. Sitharaman also proposed a scheme for container manufacturing to create globally competitive ecosystem. Three dedicated chemical parks will also be set up to enhance domestic production, reduce import dependency, she added.

Union Budget 2026 LIVE Updates: Capex target will be raised to Rs 12.2 lakh crore for FY27: FM
Finance Minister Nirmala Sitharaman on Sunday said the target for capex will be raised to Rs 12.2 lakh crore for FY27 from Rs 11.2 lakh crore earmarked for the current fiscal year and announced a slew of measures to boost infrastructure in the country. Presenting the Union Budget for 2026-27 in the Lok Sabha, she said the government will continue to develop infrastructure in Tier-2 and Tier-3 cities.

Union Budget 2026 LIVE Updates: Capex target will be raised to Rs 12.2 lakh crore for FY27: FM
Finance Minister Nirmala Sitharaman on Sunday said the target for capex will be raised to Rs 12.2 lakh crore for FY27 from Rs 11.2 lakh crore earmarked for the current fiscal year and announced a slew of measures to boost infrastructure in the country. Presenting the Union Budget for 2026-27 in the Lok Sabha, she said the government will continue to develop infrastructure in Tier-2 and Tier-3 cities.

Union Budget 2026 LIVE Updates: FM proposes to support the mineral-rich states of Odisha, Kerala, Andhra Pradesh, and Tamil Nadu in establishing dedicated rare-earth corridors
Union FM Nirmala Sitharaman said, "A scheme for rare earth permanent magnets was launched in 2025. We now propose to support the mineral-rich states of Odisha, Kerala, Andhra Pradesh, and Tamil Nadu in establishing dedicated rare-earth corridors."

Union Budget 2026 LIVE Updates: FM proposes to support the mineral-rich states of Odisha, Kerala, Andhra Pradesh, and Tamil Nadu in establishing dedicated rare-earth corridors
Union FM Nirmala Sitharaman said, "A scheme for rare earth permanent magnets was launched in 2025. We now propose to support the mineral-rich states of Odisha, Kerala, Andhra Pradesh, and Tamil Nadu in establishing dedicated rare-earth corridors."

Union Budget 2026 LIVE Updates: We will launch India Semiconductor Mission 2.0: Nirmala Sitharaman
Union FM Nirmala Sitharaman said, "We will launch India Semiconductor Mission 2.0 and also focus on industry-led research and training centres to develop tech and skilled workforce."

Union Budget 2026 LIVE Updates: We will launch India Semiconductor Mission 2.0: Nirmala Sitharaman
Union FM Nirmala Sitharaman said, "We will launch India Semiconductor Mission 2.0 and also focus on industry-led research and training centres to develop tech and skilled workforce."

Union Budget 2026 LIVE Updates: India will continue to take confident steps towards Viksit Bharat, balancing ambition with inclusion: Nirmala Sitharaman
Union FM Nirmala Sitharaman said, "Today, we face an external environment in which trade and multilateralism are in imperent and access to resources and supply chains are disrupted. New technologies are transforming production systems while sharply increasing demands on water, energy and critical minerals. India will continue to take confident steps towards Viksit Bharat, balancing ambition with inclusion. As a growing economy with expanding trade and capital needs, India must also remain deeply integrated with global markets, exporting more and attracting stable long term investment."

Union Budget 2026 LIVE Updates: India will continue to take confident steps towards Viksit Bharat, balancing ambition with inclusion: Nirmala Sitharaman
Union FM Nirmala Sitharaman said, "Today, we face an external environment in which trade and multilateralism are in imperent and access to resources and supply chains are disrupted. New technologies are transforming production systems while sharply increasing demands on water, energy and critical minerals. India will continue to take confident steps towards Viksit Bharat, balancing ambition with inclusion. As a growing economy with expanding trade and capital needs, India must also remain deeply integrated with global markets, exporting more and attracting stable long term investment."

Union Budget 2026 LIVE Updates: Rs 10,000 crore for biopharma sector
The government proposes to allocate Rs 10,000 crore for the biopharma sector, Finance Minister Nirmala Sitharaman said in her budget speech. India will become a global biopharma hub under &lsquo;Biopharma Shakti&rsquo; with Rs 10,000 crore outlay over five years. It will create network of 1,000 accredited trial sites to bolster biopharma industry. &ldquo;The government has undertaken comprehensive reforms for accelerating growth, boosting productivity,&rdquo; she said. &ldquo;More than 350 reforms have been rolled out recently. The reform express is well on its way.&rdquo;

Union Budget 2026 LIVE Updates: Rs 10,000 crore for biopharma sector
The government proposes to allocate Rs 10,000 crore for the biopharma sector, Finance Minister Nirmala Sitharaman said in her budget speech. India will become a global biopharma hub under &lsquo;Biopharma Shakti&rsquo; with Rs 10,000 crore outlay over five years. It will create network of 1,000 accredited trial sites to bolster biopharma industry. &ldquo;The government has undertaken comprehensive reforms for accelerating growth, boosting productivity,&rdquo; she said. &ldquo;More than 350 reforms have been rolled out recently. The reform express is well on its way.&rdquo;

Union Budget 2026 LIVE Updates: Nirmala Sitharaman proposes interventions in six areas
Union FM Nirmala Sitharaman said, "To accelerate and sustain economic growth, I propose interventions in six areas -Scaling up manufacturing in 7 strategic sectors; Rejuvenating legacy industrial sectors; Creating champion MSMEs; Delivering a push for infra; Ensuring long-term security and stability; Developing city economic regions."

Union Budget 2026 LIVE Updates: Nirmala Sitharaman proposes interventions in six areas
Union FM Nirmala Sitharaman said, "To accelerate and sustain economic growth, I propose interventions in six areas -Scaling up manufacturing in 7 strategic sectors; Rejuvenating legacy industrial sectors; Creating champion MSMEs; Delivering a push for infra; Ensuring long-term security and stability; Developing city economic regions."

Union Budget 2026 LIVE Updates: Keeping Aatmanirbharta as a lodestar, we have built domestic manufacturing capacity, energy security and reduced critical import dependencies, says Nirmala Sitharaman
Union FM Nirmala Sitharaman said, "Keeping Aatmanirbharta as a lodestar, we have built domestic manufacturing capacity, energy security and reduced critical import dependencies. Simultaneously, we have ensured that citizens benefit from every action of the Government, undertaking reforms to support employment generation, agricultural productivity, household purchasing power and universal services to people. These measures have delivered a high growth rate of around 7&#37 and helped us make susbstantial strides in poverty reduction and improvement in the lives of our people."
<blockquote class="twitter-tweet">
<a href="https://twitter.com/hashtag/WATCH?src=hash&amp;ref_src=twsrc-Etfw">#WATCH</a> | <a href="https://twitter.com/hashtag/UnionBudget2026?src=hash&amp;ref_src=twsrc-Etfw">#UnionBudget2026</a> | Union FM Nirmala Sitharaman says, "Keeping Aatmanirbharta as a lodestar, we have built domestic manufacturing capacity, energy security and reduced critical import dependencies. Simultaneously, we have ensured that citizens benefit from every action of&hellip; <a href="https://t.co/jWASNzkVWo">pic.twitter.com/jWASNzkVWo</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/2017835446315979223?ref_src=twsrc-Etfw">February 1, 2026</a></blockquote>
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Union Budget 2026 LIVE Updates: Keeping Aatmanirbharta as a lodestar, we have built domestic manufacturing capacity, energy security and reduced critical import dependencies, says Nirmala Sitharaman
Union FM Nirmala Sitharaman said, "Keeping Aatmanirbharta as a lodestar, we have built domestic manufacturing capacity, energy security and reduced critical import dependencies. Simultaneously, we have ensured that citizens benefit from every action of the Government, undertaking reforms to support employment generation, agricultural productivity, household purchasing power and universal services to people. These measures have delivered a high growth rate of around 7&#37 and helped us make susbstantial strides in poverty reduction and improvement in the lives of our people."

#WATCH | #UnionBudget2026 | Union FM Nirmala Sitharaman says, "Keeping Aatmanirbharta as a lodestar, we have built domestic manufacturing capacity, energy security and reduced critical import dependencies. Simultaneously, we have ensured that citizens benefit from every action of&hellip; pic.twitter.com/jWASNzkVWo
&mdash; ANI (@ANI) February 1, 2026


Union Budget 2026 LIVE Updates: We have pursued far-reaching structural reforms: Nirmala Sitharaman
Presenting Union Budget 2026-27, Union Finance Minister Nirmala Sitharaman said,"We have pursued far-reaching structural reforms. Fiscal prudence and monetary stability, while maintaining a strong thrust on public investment, keeping self-reliance as a pillar. We have built domestic manufacturing capacity, energy security and reduced critical import dependencies."

Union Budget 2026 LIVE Updates: We have pursued far-reaching structural reforms: Nirmala Sitharaman
Presenting Union Budget 2026-27, Union Finance Minister Nirmala Sitharaman said,"We have pursued far-reaching structural reforms. Fiscal prudence and monetary stability, while maintaining a strong thrust on public investment, keeping self-reliance as a pillar. We have built domestic manufacturing capacity, energy security and reduced critical import dependencies."

Union Budget 2026 LIVE Updates: Budget inspired By three `kartavya`
First is to accelerate and sustain economic growth by enhancing competitiveness and building resilience to volatile global dynamics.
Second is to fulfil the aspirations of people and build their capacity and make them strong partners in India`s path to prosperity.
Third kartavya is to ensure `sab ka saath, sab ka vikas.` It is to ensure that every family, community, region has access to resources, ammenities opportunities for meaningful participation.

Union Budget 2026 LIVE Updates: Budget inspired By three `kartavya`
First is to accelerate and sustain economic growth by enhancing competitiveness and building resilience to volatile global dynamics.
Second is to fulfil the aspirations of people and build their capacity and make them strong partners in India`s path to prosperity.
Third kartavya is to ensure `sab ka saath, sab ka vikas.` It is to ensure that every family, community, region has access to resources, ammenities opportunities for meaningful participation.

Union Budget 2026 LIVE Updates: Budget based on three &lsquo;kartavyas&rsquo;, Nirmala Sitharaman says in budget speech
The budget is based on three kartavyas, or responsibilities, says Finance Minister Nirmala Sitharaman in her budget speech.

Union Budget 2026 LIVE Updates: Budget based on three &lsquo;kartavyas&rsquo;, Nirmala Sitharaman says in budget speech
The budget is based on three kartavyas, or responsibilities, says Finance Minister Nirmala Sitharaman in her budget speech.

Union Budget 2026 LIVE Updates: Reforms over rhetoric, says Sitharaman
The government has focused on delivering reforms over mere rhetoric, Finance Minister Nirmala Sitharaman says to begin her budget speech. That`s helped us deliver GDP growth rate of 7.2&#37, amid geopolitical crises, she says.
&ldquo;India`s economic trajectory marked by stability over 12 years. The stability has been displayed amid ongoing uncertainty,&rdquo; the finance minister says. &ldquo;The government has preferred reform over rhetoric and pursued far-reaching reforms.&rdquo;

Union Budget 2026 LIVE Updates: Reforms over rhetoric, says Sitharaman
The government has focused on delivering reforms over mere rhetoric, Finance Minister Nirmala Sitharaman says to begin her budget speech. That`s helped us deliver GDP growth rate of 7.2&#37, amid geopolitical crises, she says.
&ldquo;India`s economic trajectory marked by stability over 12 years. The stability has been displayed amid ongoing uncertainty,&rdquo; the finance minister says. &ldquo;The government has preferred reform over rhetoric and pursued far-reaching reforms.&rdquo;

Union Budget 2026 LIVE Updates: Nirmala Sitharaman presents Budget
Finance Minister Nirmala Sitharaman has started delivering her ninth consecutive budget speech in Parliament. She is expected to continue the reforms overdrive of the Narendra Modi government.

Union Budget 2026 LIVE Updates: Nirmala Sitharaman presents Budget
Finance Minister Nirmala Sitharaman has started delivering her ninth consecutive budget speech in Parliament. She is expected to continue the reforms overdrive of the Narendra Modi government.

Union Budget 2026 LIVE Updates: Cabinet approves Union Budget 2026-27
The Union Cabinet headed by Prime Minister Narendra Modi on Sunday approved the Union Budget 2026-27. Following the approval, Finance Minister Nirmala Sitharaman will present her ninth record Budget in the Lok Sabha that comes in the backdrop of global uncertainties and slowdown in exports. This is the third Budget of the BJP-led NDA government in its third term in office.

Union Budget 2026 LIVE Updates: Cabinet approves Union Budget 2026-27
The Union Cabinet headed by Prime Minister Narendra Modi on Sunday approved the Union Budget 2026-27. Following the approval, Finance Minister Nirmala Sitharaman will present her ninth record Budget in the Lok Sabha that comes in the backdrop of global uncertainties and slowdown in exports. This is the third Budget of the BJP-led NDA government in its third term in office.

Union Budget 2026 LIVE Updates: If I were the finance minister: Here`s what Indian Gen-Z says they will focus on
Finance minister Nirmala Sitharaman will present the Budget to the Parliament on February 1. As the country gears up to see how its precious tax money is to be spent in financial year 2026, the nation&rsquo;s youth wants to put in their two cents as well. <a href="https://www.mid-day.com/sunday-mid-day/article/if-i-were-the-finance-minister-heres-what-indian-gen-z-says-they-will-focus-on-23614628">Read more.</a>

Union Budget 2026 LIVE Updates: If I were the finance minister: Here`s what Indian Gen-Z says they will focus on
Finance minister Nirmala Sitharaman will present the Budget to the Parliament on February 1. As the country gears up to see how its precious tax money is to be spent in financial year 2026, the nation&rsquo;s youth wants to put in their two cents as well. Read more.

Union Budget 2026 LIVE Updates: Nirmala Sitharaman is set to present her ninth consecutive Union Budget&nbsp;
<blockquote class="twitter-tweet">
<a href="https://twitter.com/hashtag/WATCH?src=hash&amp;ref_src=twsrc-Etfw">#WATCH</a> | Delhi | Union Finance Minister Nirmala Sitharaman is set to present her ninth consecutive Union Budget today <a href="https://t.co/GqjyTDhYp1">pic.twitter.com/GqjyTDhYp1</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/2017815759226019886?ref_src=twsrc-Etfw">February 1, 2026</a></blockquote>
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Union Budget 2026 LIVE Updates: Nirmala Sitharaman is set to present her ninth consecutive Union Budget&nbsp;

#WATCH | Delhi | Union Finance Minister Nirmala Sitharaman is set to present her ninth consecutive Union Budget today pic.twitter.com/GqjyTDhYp1
&mdash; ANI (@ANI) February 1, 2026


Union Budget 2026 LIVE Updates: Nirmala Sitharaman, along with her team, calls on President Droupadi Murmu
<blockquote class="twitter-tweet">
<a href="https://twitter.com/hashtag/WATCH?src=hash&amp;ref_src=twsrc-Etfw">#WATCH</a> | Delhi | Union Finance Minister Nirmala Sitharaman, along with her team, calls on President Droupadi Murmu before presenting her ninth consecutive Union Budget <a href="https://t.co/96H5JV5obv">pic.twitter.com/96H5JV5obv</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/2017810915589267917?ref_src=twsrc-Etfw">February 1, 2026</a></blockquote>

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Union Budget 2026 LIVE Updates: Nirmala Sitharaman, along with her team, calls on President Droupadi Murmu

#WATCH | Delhi | Union Finance Minister Nirmala Sitharaman, along with her team, calls on President Droupadi Murmu before presenting her ninth consecutive Union Budget pic.twitter.com/96H5JV5obv
&mdash; ANI (@ANI) February 1, 2026




Union Budget 2026 LIVE Updates: Nirmala Sitharaman, along with her team, with the Budget tablet outside the Ministry of Finance
<blockquote class="twitter-tweet">
<a href="https://twitter.com/hashtag/WATCH?src=hash&amp;ref_src=twsrc-Etfw">#WATCH</a> | Delhi: Union Finance Minister Nirmala Sitharaman, along with her team, with the Budget tablet outside the Ministry of Finance. She will present the <a href="https://twitter.com/hashtag/UnionBudget2026?src=hash&amp;ref_src=twsrc-Etfw">#UnionBudget2026</a> today at around 11 AM in Lok Sabha. <a href="https://t.co/x5oPMFlWbD">pic.twitter.com/x5oPMFlWbD</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/2017804914031006134?ref_src=twsrc-Etfw">February 1, 2026</a></blockquote>
<script src="https://platform.twitter.com/widgets.js" async="" charset="utf-8"></script>

Union Budget 2026 LIVE Updates: Nirmala Sitharaman, along with her team, with the Budget tablet outside the Ministry of Finance

#WATCH | Delhi: Union Finance Minister Nirmala Sitharaman, along with her team, with the Budget tablet outside the Ministry of Finance. She will present the #UnionBudget2026 today at around 11 AM in Lok Sabha. pic.twitter.com/x5oPMFlWbD
&mdash; ANI (@ANI) February 1, 2026


Union Budget 2026 LIVE Updates: Nirmala Sitharaman heads to Rashtrapati Bhawan
<blockquote class="twitter-tweet">
<a href="https://twitter.com/hashtag/WATCH?src=hash&amp;ref_src=twsrc-Etfw">#WATCH</a> | Delhi | Union Finance Minister Nirmala Sitharaman heads to Rashtrapati Bhawan to call on President Droupadi Murmu before presenting her ninth Union Budget <a href="https://t.co/bguilkPGL5">pic.twitter.com/bguilkPGL5</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/2017805941434187913?ref_src=twsrc-Etfw">February 1, 2026</a></blockquote>
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Union Budget 2026 LIVE Updates: Nirmala Sitharaman heads to Rashtrapati Bhawan

#WATCH | Delhi | Union Finance Minister Nirmala Sitharaman heads to Rashtrapati Bhawan to call on President Droupadi Murmu before presenting her ninth Union Budget pic.twitter.com/bguilkPGL5
&mdash; ANI (@ANI) February 1, 2026


Union Budget 2026 LIVE Updates: We are anxious to see what kind of schemes they have in mind to generate more jobs in this country for young people of India: Shashi Tharoor
<blockquote class="twitter-tweet">
<a href="https://twitter.com/hashtag/WATCH?src=hash&amp;ref_src=twsrc-Etfw">#WATCH</a> | Delhi: On <a href="https://twitter.com/hashtag/UnionBudget2026?src=hash&amp;ref_src=twsrc-Etfw">#UnionBudget2026</a>, Congress MP Shashi Tharoor says, "We are all looking forward to hearing what the Finance Minister has to tell us. The Economic Survey projects good economic growth...Whether that growth is going to be accompanied by jobs? Jobless growth&hellip; <a href="https://t.co/u44ZtgUj6K">pic.twitter.com/u44ZtgUj6K</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/2017806313481506961?ref_src=twsrc-Etfw">February 1, 2026</a></blockquote>
<script src="https://platform.twitter.com/widgets.js" async="" charset="utf-8"></script>

Union Budget 2026 LIVE Updates: We are anxious to see what kind of schemes they have in mind to generate more jobs in this country for young people of India: Shashi Tharoor

#WATCH | Delhi: On #UnionBudget2026, Congress MP Shashi Tharoor says, "We are all looking forward to hearing what the Finance Minister has to tell us. The Economic Survey projects good economic growth...Whether that growth is going to be accompanied by jobs? Jobless growth&hellip; pic.twitter.com/u44ZtgUj6K
&mdash; ANI (@ANI) February 1, 2026


Union Budget 2026 LIVE Updates: Union Finance Minister Nirmala Sitharaman arrives at Kartavya Bhawan
<blockquote class="twitter-tweet">
<a href="https://twitter.com/hashtag/WATCH?src=hash&amp;ref_src=twsrc-Etfw">#WATCH</a> | Delhi | Union Finance Minister Nirmala Sitharaman arrives at Kartavya Bhawan <a href="https://t.co/2qkXBp8l5h">https://t.co/2qkXBp8l5h</a> <a href="https://t.co/bgI5zPY1ZO">pic.twitter.com/bgI5zPY1ZO</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/2017795486816801028?ref_src=twsrc-Etfw">February 1, 2026</a></blockquote>
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Union Budget 2026 LIVE Updates: Union Finance Minister Nirmala Sitharaman arrives at Kartavya Bhawan

#WATCH | Delhi | Union Finance Minister Nirmala Sitharaman arrives at Kartavya Bhawan https://t.co/2qkXBp8l5h pic.twitter.com/bgI5zPY1ZO
&mdash; ANI (@ANI) February 1, 2026


Union Budget 2026 LIVE Updates: Union Finance Minister Nirmala Sitharaman leaves from her residence for the Ministry of Finance
<blockquote class="twitter-tweet">
<a href="https://twitter.com/hashtag/WATCH?src=hash&amp;ref_src=twsrc-Etfw">#WATCH</a> | Delhi | Union Finance Minister Nirmala Sitharaman leaves from her residence for the Ministry of Finance, ahead of the presentation of the Union Budget 2026-27 today <a href="https://t.co/OZWgDfWZxv">pic.twitter.com/OZWgDfWZxv</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/2017794144786366680?ref_src=twsrc-Etfw">February 1, 2026</a></blockquote>
<script src="https://platform.twitter.com/widgets.js" async="" charset="utf-8"></script>

Union Budget 2026 LIVE Updates: Union Finance Minister Nirmala Sitharaman leaves from her residence for the Ministry of Finance

#WATCH | Delhi | Union Finance Minister Nirmala Sitharaman leaves from her residence for the Ministry of Finance, ahead of the presentation of the Union Budget 2026-27 today pic.twitter.com/OZWgDfWZxv
&mdash; ANI (@ANI) February 1, 2026


Union Budget 2026 LIVE Updates: Lok Sabha agenda set as Sitharaman prepares to present Union Budget estimates, introduce Finance Bill 2026
Finance Minister Nirmala Sitharaman will present the government&rsquo;s estimated receipts and expenditure for 2026&ndash;27 in the Lok Sabha, along with the fiscal documents mandated under the FRBM Act, including the Medium-term Fiscal Policy&ndash;cum&ndash;Fiscal Policy Strategy Statement and the Macro-economic Framework Statement. She is also expected to seek approval to introduce, and formally table, the Finance Bill 2026.

Union Budget 2026 LIVE Updates: Lok Sabha agenda set as Sitharaman prepares to present Union Budget estimates, introduce Finance Bill 2026
Finance Minister Nirmala Sitharaman will present the government&rsquo;s estimated receipts and expenditure for 2026&ndash;27 in the Lok Sabha, along with the fiscal documents mandated under the FRBM Act, including the Medium-term Fiscal Policy&ndash;cum&ndash;Fiscal Policy Strategy Statement and the Macro-economic Framework Statement. She is also expected to seek approval to introduce, and formally table, the Finance Bill 2026.

Union Budget 2026 LIVE Updates: 16th Finance Commission report likely to be tabled in Parliament today
The report of the 16th Finance Commission is expected to be tabled in Parliament today along with the Finance Bill for the Union Budget 2026&ndash;27. Constituted every five years, Finance Commissions are constitutional bodies tasked with recommending how revenues are shared between the Centre and the states. The issue of fiscal federalism remains a politically sensitive and widely debated topic in India&rsquo;s political economy, often marked by strong views that are not always grounded in empirical evidence.

Union Budget 2026 LIVE Updates: 16th Finance Commission report likely to be tabled in Parliament today
The report of the 16th Finance Commission is expected to be tabled in Parliament today along with the Finance Bill for the Union Budget 2026&ndash;27. Constituted every five years, Finance Commissions are constitutional bodies tasked with recommending how revenues are shared between the Centre and the states. The issue of fiscal federalism remains a politically sensitive and widely debated topic in India&rsquo;s political economy, often marked by strong views that are not always grounded in empirical evidence.

Union Budget 2026 LIVE Updates: When was India&rsquo;s first Budget presented?
Union Budget 2026-27 Live Updates: India&rsquo;s first Budget was presented by James Wilson, a Scottish economist, on April 7, 1860. After Independence in 1947, India&rsquo;s first Budget was presented by then-finance minister R K Shanmukham Chetty.

Union Budget 2026 LIVE Updates: When was India&rsquo;s first Budget presented?
Union Budget 2026-27 Live Updates: India&rsquo;s first Budget was presented by James Wilson, a Scottish economist, on April 7, 1860. After Independence in 1947, India&rsquo;s first Budget was presented by then-finance minister R K Shanmukham Chetty.

Union Budget 2026 LIVE Updates: Why Union Budget is presented on February 1 every year
Until 2016, India followed a British-era practice of presenting the Budget on the last working day of February. The problem was that the financial year starts on April 1, which meant ministries, businesses, and taxpayers had very little time to act on the new policies and tax rules.&nbsp;By the time the Budget was approved and put into action, the new financial year had already started. As a result, many government plans and policies couldn`t begin on time and were delayed.&nbsp;In 2017, Finance Minister Arun Jaitley presented the Budget for the first time on February 1. Since then, the government has kept the early date. The objective is to give everyone more time to plan before the new fiscal year begins.

Union Budget 2026 LIVE Updates: Why Union Budget is presented on February 1 every year
Until 2016, India followed a British-era practice of presenting the Budget on the last working day of February. The problem was that the financial year starts on April 1, which meant ministries, businesses, and taxpayers had very little time to act on the new policies and tax rules.&nbsp;By the time the Budget was approved and put into action, the new financial year had already started. As a result, many government plans and policies couldn`t begin on time and were delayed.&nbsp;In 2017, Finance Minister Arun Jaitley presented the Budget for the first time on February 1. Since then, the government has kept the early date. The objective is to give everyone more time to plan before the new fiscal year begins.

Union Budget 2026 LIVE Updates: Will markets open?
To accommodate the Sunday Budget, stock exchanges NSE and BSE have announced special trading sessions. The NSE circular said that the pre-open market will operate from 9 am to 9:08 am, followed by normal trading from 9:15 am to 3:30 pm. The BSE issued a similar notice, declaring the day as a "special trading day" with regular market hours.&nbsp;

Union Budget 2026 LIVE Updates: Will markets open?
To accommodate the Sunday Budget, stock exchanges NSE and BSE have announced special trading sessions. The NSE circular said that the pre-open market will operate from 9 am to 9:08 am, followed by normal trading from 9:15 am to 3:30 pm. The BSE issued a similar notice, declaring the day as a "special trading day" with regular market hours.&nbsp;

Union Budget 2026 LIVE Updates: Budget comes at a time of heightened complexity for Indian economy
The FY27 Budget comes at a time of heightened complexity for the Indian economy. While domestic demand has remained resilient and inflation has moderated from recent peaks, the global environment remains deeply uncertain. Geopolitical tensions, volatile commodity prices, uneven monetary easing by major central banks and rising trade fragmentation continue to weigh on the outlook. Adding to the challenge are punitive 50 per cent tariffs imposed by US President Donald Trump on Indian goods, which have unsettled financial markets and contributed to sustained foreign investor outflows and a record low rupee.

Union Budget 2026 LIVE Updates: Budget comes at a time of heightened complexity for Indian economy
The FY27 Budget comes at a time of heightened complexity for the Indian economy. While domestic demand has remained resilient and inflation has moderated from recent peaks, the global environment remains deeply uncertain. Geopolitical tensions, volatile commodity prices, uneven monetary easing by major central banks and rising trade fragmentation continue to weigh on the outlook. Adding to the challenge are punitive 50 per cent tariffs imposed by US President Donald Trump on Indian goods, which have unsettled financial markets and contributed to sustained foreign investor outflows and a record low rupee.

Union Budget 2026 LIVE Updates: Indian stock indices nosedived as Union Finance Minister Nirmala Sitharaman presented the Budget for 2026-27 in the Parliament on Sunday. We are closing LIVE now

Union Budget 2026 LIVE Updates: Pre-Budget, the indices were largely steady, but they dipped as the Budget speech progressed and closed the session deep in the 

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Union Budget 2026 LIVE: Indian stock indices nosedive on Budget day

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Union Budget 2026 LIVE: Indian stock indices nosedive on Budget day

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