All eyes are on the Union Budget 2026-27, which will be presented today. Finance Minister Nirmala Sitharaman will table the budget in Parliament at 11 AM. Notably, she is set to present the budget for the 9th consecutive time, a milestone that is being seen as a record achievement.
Both the government and the public have high expectations from this budget. Ahead of the presentation, Agriculture Minister Shivraj Singh Chouhan said that the budget will strengthen the vision of a developed and self-reliant India.
On the economic front, the government is expecting a GST collection of around ₹1.93 lakh crore in January. If the estimate holds true, it will reflect that India’s economy is moving in a strong direction and the government will have better resources available to support development and growth-focused initiatives.
The budget is also expected to bring relief for the middle class and salaried individuals. According to sources, the government may announce higher income tax exemptions and may also increase the tax-free income limit. If implemented, this could improve household savings and strengthen spending capacity.
To promote green energy, the government may take a major decision regarding solar panel subsidies. Currently, subsidies of up to ₹60,000 are available for solar systems, which may be increased to ₹80,000. This move could accelerate the adoption of solar energy in households across the country.
This year’s budget is expected to give a fresh boost to the manufacturing sector. The government may focus strongly on modern and future-ready areas such as semiconductor chip manufacturing, data centres, and agriculture-based AI technologies. These steps could play a key role in making India more technologically self-reliant.
Focus on Rural India: Higher Income for Farmers, Youth and Women:
The government may expand welfare and development schemes keeping the common citizen at the centre—especially rural families, farmers, youth and women. Improvements or new announcements are also expected in areas like crop insurance schemes, Ayushman Bharat health coverage, and other public benefit programmes.
Get the Fastest Budget Updates on Khetivyapar: The Union Budget directly impacts farming, the rural economy, and household finances. Stay connected with Khetivyapar for the latest and fastest updates on every major announcement and key highlight from today’s budget.
FAQs on Union Budget 2026-27:
Q1. When is the Union Budget 2026-27 being presented?
The Union Budget 2026-27 is being presented today at 11 AM in Parliament.
Q2. Who is presenting the Union Budget 2026-27?
Finance Minister Nirmala Sitharaman is presenting the budget for the 9th consecutive time.
Q3. Is income tax relief expected in this budget?
Yes, the government may increase the income tax exemption limit to provide relief to the middle class.
Q4. Will farmers benefit from the Union Budget 2026-27?
Yes, farmers may receive support through improved crop insurance, rural schemes, and agriculture-focused initiatives.
Q5. Where can I get the fastest Union Budget updates?
You can get the latest and fastest updates on Union Budget 2026-27 from Khetivyapar.
