February 2026

India Union Budget

Understand where your tax money goes and how it shapes India's future. This dashboard breaks down the ₹51.7 lakh crore budget into simple, everyday terms.

Presented: February 1, 2026

Fiscal Deficit

5.1%

of GDP

GDP Growth

6.2%

Forecast 2026-27

Total Expenditure

51.7L Cr

₹ Crores

Tax Revenue

24.2L Cr

₹ Crores

Total Receipts

32.8L Cr

₹ Crores

Borrowing Plan

18.9L Cr

₹ Crores

Fiscal & Economic Overview

Key indicators that show India's financial health and economic trajectory

Total Budget Size

Total government spending for FY 2026-27

51.7L Crores ₹

+3.2%vs last year

Fiscal Deficit

Gap between spending and revenue

5.1% of GDP

-0.3%vs last year

GDP Projection

India's estimated economic growth rate

6.2% Growth

+0.5%vs last year

Inflation Forecast

Expected price increase rate

4.0% Average

-0.8%vs last year

Budget Visualizations

See how the budget is structured and allocated

Top Sector Allocations

All values in ₹ Lakh Crores

Budget Composition

Expenditure: 100.0%

Tax Revenue: 46.8%

Borrowing: 36.6%

Other Receipts: 16.6%

Budget by Sector

How ₹51.7 lakh crore is distributed across key areas affecting your life

Agriculture & Rural

3.1L Crores ₹

≈ ₹0.0 million

+12.5%vs last year

Budget Share6%

Supporting farmers with better tools, irrigation, and market access. Strengthens rural incomes.

Defense & Security

6.2L Crores ₹

≈ ₹0.1 million

+8.3%vs last year

Budget Share12%

Ensuring national security through modernized armed forces and border protection.

Education & Skills

4.8L Crores ₹

≈ ₹0.0 million

+15.2%vs last year

Budget Share9.3%

Investing in schools, colleges, and skill training to prepare youth for jobs.

Healthcare & Wellness

3.4L Crores ₹

≈ ₹0.0 million

+18.7%vs last year

Budget Share6.6%

Making quality healthcare affordable and accessible to all Indians through hospitals and health programs.

Infrastructure & Transport

8.5L Crores ₹

≈ ₹0.1 million

+22.1%vs last year

Budget Share16.4%

Building roads, railways, and ports to connect India and boost commerce.

Energy & Environment

2.9L Crores ₹

≈ ₹0.0 million

+25.6%vs last year

Budget Share5.6%

Transitioning to renewable energy and protecting our environment for future generations.

Tech & Digital Economy

2.1L Crores ₹

≈ ₹0.0 million

+31.4%vs last year

Budget Share4.1%

Fostering innovation, digital infrastructure, and making India a global tech powerhouse.

MSMEs & Business

1.8L Crores ₹

≈ ₹0.0 million

+9.8%vs last year

Budget Share3.5%

Supporting small businesses with loans, training, and market opportunities.

Social Welfare & Jobs

5.2L Crores ₹

≈ ₹0.1 million

+11.3%vs last year

Budget Share10.1%

Creating employment, supporting vulnerable populations, and strengthening social safety nets.

Taxation Reforms 2026

Key tax changes and reliefs that could affect your finances

Personal Income Tax

Simplified

New tax slabs for middle-class relief

New tax regime remains optional
Relief for 0-5 lakh income bracket
Deductions restructured for clarity

Corporate Tax

Incentivized

Encourages Make in India and manufacturing

Manufacturing units get lower rates
MSMEs incentives expanded
Green technology investments rewarded

Tax Reliefs

Expanded

More deductions and exemptions

Healthcare and insurance deductions up
Education savings incentives added
Senior citizen exemptions increased

Special Schemes

New

Targeted benefits for specific groups

First-time homebuyers get relief
Startups get tax holidays
Agricultural income benefits

💡 Pro Tip: How to benefit

Consult with a tax advisor to understand which new schemes apply to you. The government's official budget website (indiabudget.gov.in) has detailed calculators and FAQs for every tax change.

Budget Glossary

Simple explanations of terms you'll see in this dashboard

GDP (Gross Domestic Product)

Total value of goods and services produced by the country

Fiscal Deficit

Gap between government spending and revenue collection

Budget Allocation

Amount of money assigned to a specific sector or program

Tax Revenue

Money the government collects from individuals and businesses

Capital Expenditure (CAPEX)

Spending on long-term assets like infrastructure

Revenue Expenditure

Spending on day-to-day government operations

Borrowing/Debt

Money the government borrows to cover deficit

Inflation

The rate at which prices of goods and services increase

MSMEs

Micro, Small, and Medium Enterprises (small businesses)

Subsidy

Government money given to keep prices of essential items low

Still confused about a term?

Click any term above to expand and see a real-world example. For more details, visit the official Ministry of Finance website at indiabudget.gov.in