Budget 2026 Update – The year 2026 is about to begin, and it promises to be full of expectations. This will be the country’s 80th budget, and preparations have officially begun. The central government has been presenting its general budget on February 1st for quite some time. In 2026, February 1st falls on a Sunday. Moreover, it is also Guru Ravidas Jayanti.
According to some sources, Union Finance Minister Nirmala Sitharaman may present the country’s budget on February 1, 2026. The Indian government has never presented its budget on a Sunday before. This raises the question of whether the central government will present the budget on a Sunday or if there will be a change in the date. If the date is changed, it would break with tradition. This has led to various questions among the public.
When will the decision to present the budget be made?
All budget experts are wondering when the general budget will be presented. Will the tradition of presenting the budget on February 1st be followed, even though it’s a Sunday, or will there be a change? Union Minister for Parliamentary Affairs Kiren Rijiju did not give a clear answer on this, but he said that the final decision is yet to be made.
He stated that such matters are decided by the Cabinet Committee on Parliamentary Affairs. His statement makes it clear that the decision to present the budget on a weekly holiday will be taken closer to the date. As for the time, the Union Budget is usually presented in the Lok Sabha at 11 AM every year. However, the exact time has not yet been determined this time.
Why is the Union Budget important?
The central government’s general budget is considered very important for the country’s economy. This budget determines where and how the government will spend money. The government may also consider measures to control inflation and change the tax system.
Furthermore, everyone’s attention will be focused on potential changes to the tax slabs in the Union Budget. If changes are made, it will directly impact businesses and the entire economy.