MINISTRY OF FINANCE

Key Features of Union Budget 2026-2027

By TEAM CIRCULAR EXPRESS • 01 Feb 2026
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The document outlines the key features and economic trajectory of the Union Budget 2026-2027, focusing on the vision of Viksit Bharat. It highlights strategic pillars including sustaining economic growth, strengthening foundations, people-centric development, and trust-based governance. Key proposals cover manufacturing sector tax reforms, MSME support, services sector emphasis, and financial sector initiatives. The budget also details fiscal consolidation targets, expenditure on major items, and infrastructure development plans. It emphasizes a commitment to fiscal prudence while balancing ambition with inclusion.
purpose of issuance
To present the key highlights, policy initiatives, and fiscal projections of the Union Budget 2026-2027.
Most Important Details
The budget targets a fiscal deficit of 4.3% of GDP for 2026-27, introduces a u20b910,000 crore SME Growth Fund, and outlines major infrastructure projects including new freight corridors and high-speed rail. It also includes significant tax reforms for manufacturing and services sectors, and sets a debt-to-GDP ratio target of 50u00b11% by 2030.
purpose of issuance_1
To present the key highlights, policy initiatives, and fiscal projections of the Union Budget 2026-2027.
Most Important Details_1
The budget targets a fiscal deficit of 4.3% of GDP for 2026-27, introduces a u20b910,000 crore SME Growth Fund, and outlines major infrastructure projects including new freight corridors and high-speed rail. It also includes significant tax reforms for manufacturing and services sectors, and sets a debt-to-GDP ratio target of 50u00b11% by 2030.

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