
Budget 2026 Explained
The Hindu
The Union Budget 2026 explained in detail, including revenue sources, expenditures, and fiscal projections in this interactive breakdown.
Union Finance Minister Nirmala Sitharaman presented the Union Budget 2026 in Parliament on February 1.
For 2026-27, non-debt receipts are projected at ₹36.5 lakh crore and total expenditure at ₹53.5 lakh crore, with net tax receipts estimated at ₹28.7 lakh crore. In comparison, 2025-26 revised estimates placed non-debt receipts at ₹34 lakh crore and net tax receipts at ₹26.7 lakh crore, while total expenditure stood at ₹49.6 lakh crore, including around ₹11 lakh crore in capital spending.
Also read | Budget 2026-27 LIVE
Gross market borrowings for 2026-27 are estimated at ₹17.2 lakh crore, with net borrowings at ₹11.7 lakh crore. The fiscal deficit is projected at 4.3% of GDP, slightly lower than 4.4% in 2025-26, while the debt-to-GDP ratio is expected to ease to 55.6%.
This interactive visual breaks down government expenditure and income.
This interactive visualization lets you explore the breakdown of government expenditure, income, and the crucial bottom line: the deficit or surplus. Use the buttons below to explore this flow chart.













