Bharat Express DD Free Dish

FISCAL DEFICIT

India’s net direct tax collections rose 13 per cent to Rs 12.12 lakh crore, driven by stronger corporate tax and advance tax receipts.

The Finance Act 2026 is officially notified after presidential assent. Key highlights include Rs 53.47 lakh crore expenditure and a 4.3% fiscal deficit target.

The UP Budget 2026–27 reflects fiscal strength and long-term vision, says Sarojininagar MLA Rajeshwar Singh, calling it a landmark reform document.

FM Nirmala Sitharaman sets 4.3% fiscal deficit for 2026-27, raises capital expenditure to Rs 12.2 lakh crore, and focuses on infrastructure and jobs.

Benchmark indices Sensex and Nifty opened almost unchanged on Budget Day as investors remained cautious ahead of major fiscal announcements.

India’s fiscal deficit for April–December 2025-26 stood at Rs 8.55 lakh crore, lower than last year’s level, aided by higher revenues and controlled expenditure.

Positive growth and fiscal projections in the Economic Survey helped Indian equities shrug off early volatility to close higher for the third straight session.

Investment management firm OmniScience Capital said on Thursday that tax revenue is likely to rise by 10 per cent on year-on year in FY 2027.

Budget 2026 is expected to lift tax revenue and capex, while maintaining fiscal discipline and supporting growth-led sectors.

PM Modi is set to meet top economists & experts in New Delhi as part of the govt’s pre-Budget consultations ahead of Union Budget 2026–27.