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Parliament passes Finance Bill 2026, enabling Union Budget
short by / on Saturday, 28 March, 2026
India's Parliament approved the Finance Bill 2026, enabling Nirmala Sitharaman's Union Budget 2026-27. With ₹53.47 lakh crore in expenditure and ₹12.2 lakh crore in capex, the Budget boosts infrastructure, jobs, and MSMEs. The fiscal deficit is targeted at 4.3% of GDP, focusing on growth, stability, and reducing the debt-to-GDP ratio.