This report provides an analysis and highlights of the India Union Budget for the fiscal year 2026-27.
The Budget emphasizes fiscal stewardship, continuity, and a forward-looking growth blueprint, with projected resilient economic growth driven by private consumption, public capital expenditure, and private investment. Key features include the implementation of new labour codes, a Free Trade Agreement with the European Union, regulatory reforms to boost capital markets, and the introduction of the Income-tax Act, 2025 effective from April 2026.