The Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, presented the Union Budget 2026 in the Lok Sabha on 1st February 2026. The Union Budget 2026 is being called a Yuva Shakti-driven budget.
Union Budget 2026 is the first budget that has been prepared in Kartavya Bhawan. Hence, it is inspired by three kartavyas:
i. The first kartavya is to speed up economic growth by boosting productivity and competitiveness and also develop resilience to volatile global dynamics.
ii. The second kartavya is to fulfill the aspirations of the people by boosting skill development, employability, and capacity building.
iii. The third kartavya is 'Sabka Sath, Sabka Vikas' to ensure that every family, community, region, and sector has access to resources, amenities, and opportunities.
In this article, we will quickly look at the revenue and expenditure breakdown for quick revision for UPSC aspirants.
Union Budget 2026: Revenue and Expenditure Breakdown
Here is the breakdown of the Union Budget 2026-27 revenue and expenditure. Here the UPSC aspirants can understand where the Rupee comes from (receipts) and where the Rupee goes (expenditure).
Where the Rupee comes from (receipts)?
For 2026-27, the government's total non-debt receipts are estimated at ₹36.5 lakh crore.
Image: Budget Highlights 2026-27
| Source of Income | Estimated Amount / Detail |
|---|---|
| Centre’s Net Tax Receipts | ₹28.7 lakh crore |
| Non-Debt Receipts (Total) | ₹36.5 lakh crore |
| Gross Market Borrowings | ₹17.2 lakh crore |
| Net Market Borrowings | ₹11.7 lakh crore |
| Other Sources | Small savings and miscellaneous receipts |
Where the Rupee goes to (expenditure)?
For 2026-27, the government's total expenditure are estimated at ₹53.5 lakh crore.
Image: Budget Highlights 2026-27
| Expenditure Category | Budget Allocation / Target |
|---|---|
| Total Expenditure | ₹53.5 lakh crore |
| Public Capital Expenditure (Capex) | ₹12.2 lakh crore |
| Finance Commission Grants | ₹1.4 lakh crore (to States) |
| Interest Payments | Reduced outgo targeted via declining Debt-to-GDP |
| Fiscal Deficit Target | 4.3% of GDP |
| Debt-to-GDP Ratio | Estimated at 55.6% |
You may also like...
What is the Chemical Name and Formula for Lemon Juice?
How Well Do You Know Mutual Funds? Score 10/10 On This Financial IQ Quiz!
How Well Do You Know the Indian Budget? Test Your Financial IQ With This GK Quiz!
-1768807676875.jpg)
Comments
All Comments (0)
Join the conversation