Union Budget 2026 Highlights: FM Nirmala Sitharaman Concludes Her Speech; Key Announcements, Major Reforms, Income Tax Changes, Sector-Wise Allocations & Policy Moves

Union Budget 2026 LIVE: Finance Minister Nirmala Sitharaman Concludes the Union Budget live, outlining key policy decisions, tax measures, and spending priorities as India watches closely for growth-boosting reforms and fiscal direction.

Union Budget 2026 Live Updates: India Steps Into Its Next Phase of Economic Growth

The Union Budget 2026 Live Updates will highlight the expected outcomes as India enters a new stage of economic development. The budget presented today will set the policy direction for the upcoming fiscal year, which runs from 2026 to 2027.

Finance Minister Nirmala Sitharaman presents her ninth consecutive Union Budget today, February 1, 2026, marking a historic milestone in India’s parliamentary and economic history. The first Union Budget to be presented on a Sunday in more than ten years underscores the importance of the government’s fiscal plan for the year ahead.

Watch Live FM Nirmala Sitharaman Tables Her Record Breaking 9th Budget Speech

Economic Context: A Steady Ship in Choppy Global Waters

The budget comes at a time when India’s economy remains resilient despite ongoing global economic challenges. According to the Economic Survey 2026, India’s GDP is projected to grow by 7.4% in FY26, positioning the country among the fastest-growing major economies in the world. However, risks remain, with growth expected to moderate to 6.8–7.2% in the coming year due to potential US trade tariffs, geopolitical tensions, and slowing global demand.

The government faces a familiar challenge: sustaining economic growth while safeguarding fiscal resources. The budget is expected to balance maintaining investor confidence with boosting infrastructure development, job creation, and overall economic expansion.

The focus is likely to remain on two core pillars. First, fiscal deficit control, with the government aiming to keep the deficit below 4.5% of GDP in line with its medium-term consolidation roadmap. Second, continued emphasis on high capital expenditure (capex) to support infrastructure creation, employment generation, and long-term productivity growth.

As the Finance Minister delivers her speech in Parliament, taxpayers, businesses, and markets will closely watch announcements on income tax relief, infrastructure spending, and policy direction that could shape India’s economic future.

Stay With Us: Budget Day, Decoded Live

As the Budget speech unfolds, we will bring you real-time updates, quick analysis, and key takeaways, without jargon and with clarity. 

• Will taxpayers get relief?
• Does capital expenditure stay strong?
• How bold is the push for AI and manufacturing?

Stay tuned as we break down the policies that could shape India’s economic trajectory for the year ahead.