India is gearing up for a crucial financial event as the Union Budget for the fiscal year 2026-27 is expected to be presented on February 1, 2026. This announcement follows the finalization of the tentative parliamentary schedule, setting the stage for the nation's economic roadmap.
Parliament Session Commences with President's Address
Official sources indicated on Friday that the Cabinet Committee on Parliamentary Affairs (CCPA) has finalized the preliminary schedule for the upcoming session. According to this plan, the Budget Session of Parliament will begin on January 28, 2026. The opening day will feature a significant constitutional ceremony.
On January 28, President Droupadi Murmu will address a joint sitting of both Houses of Parliament – the Lok Sabha and the Rajya Sabha. This traditional speech outlines the government's vision and policy priorities for the coming session and the year ahead.
Key Dates and Budget Presentation
While the official notification from the government is awaited, officials familiar with the CCPA's tentative schedule have confirmed the key dates. The session's start on January 28 will be followed by the presentation of the Economic Survey, a detailed report on the state of the nation's economy, likely on January 31.
The main event, the presentation of the Union Budget 2026-27 by the Finance Minister, is slated for February 1. This follows the established convention of presenting the annual financial statement on the first day of February.
Significance of the Upcoming Session
This Budget Session holds immense importance as it will unveil the government's fiscal policy, taxation plans, and expenditure allocations for the new financial year beginning April 1, 2026. Stakeholders across industries, markets, and the common public keenly await the budget announcements for cues on economic direction.
The session is expected to be a busy period for lawmakers, with debates on the President's address followed by the detailed discussion and passage of the Finance Bill, which enacts the budget proposals into law.
All eyes are now on the government's formal announcement, which will confirm the exact dates and the full agenda for the Parliament session starting January 28 and the historic Union Budget presentation on February 1.
