Union Budget 2026: What to know in a nutshell
India's big financial moment is coming up—Finance Minister Nirmala Sitharaman is expected to present the Union Budget on February 1, 2026.
This budget is basically the government's game plan for spending and earning money, especially as India aims to keep its spot as one of the world's fastest-growing economies.
With global uncertainties in play, all eyes are on how the government will balance its priorities this year.
How the budget breaks down
The Expenditure Budget covers two things: day-to-day costs like salaries and public services (that's Revenue Expenditure), and bigger investments in things like roads or infrastructure (that's Capital Expenditure).
The Revenue Budget shows where all the money comes from—mainly taxes and some extra fees.
One thing to watch: if spending outpaces earnings (a revenue deficit), it puts pressure on future plans, so smart reforms are key to keeping things sustainable.