Union Upkeep 2026: The Union Finance Minister unveils the Union Upkeep in the Parliament on February 1 every year. For the upcoming financial year 2026-27, the Union Upkeep 2026 will be will be presented in the Parliament on Sunday, February 1, 2026.
This is the first time that the Union Upkeep will be presented on a Sunday.
When will the Union Upkeep 2026 be presented?
Former Union Finance Minister, the late Arun Jaitley, began the tradition of presenting the Union Upkeep on February 1 every year in 2017. Since then, all Union Budgets, except interim ones, have been presented on the same date.
Since the late Arun Jaitley started the current trend in 2017, all Union Budgets have been presented on Saturdays and other days of the week. This is the first time since 2017 that February 1 will fall on a Sunday.
The upcoming upkeep session in the Parliament is expected to be divided into two parts. The first part is scheduled to be held from January 28 to February 13 while the second term is scheduled for March 9 to April 2.
What is a Union Budget?
The Union Upkeep is an yearly statement of financial wires containing the unscientific receipts and expenditure of the pursuit financial year which is presented surpassing both Houses of Parliament under Article 112 of the Constitution of India.
Budget 2026 will be the ninth subsequent upkeep presented by current Union Finance Minister Nirmala Sitharaman. This will moreover be the second full-fledged Union Upkeep presented during the third term of the Narendra Modi administration, without the interim upkeep of 2024 and a full yearly upkeep of 2025.
When did the Budget-making Process Begin for 2026?
The process for the Union Upkeep for FY 2026-27 began in August 2025. This involves the upkeep circular, which sends instructions to all the ministries and government departments for unscientific revenue and expenditure for the relevant financial year.
What is the Economic Survey?
The Economic Survey is usually presented the day surpassing the Union Budget. The Economic Survey contains detailed statistical information on the performance of the economy during the ongoing financial year.
What is the significance of the Halwa Ceremony?
The final stage of the preparation of the Union Upkeep Preparation starts with the Halwa Ceremony, a tradition which began in the 1980s as a symbolic expression of gratitude by the Union Finance Minister to all the key officials involved in the Upkeep preparation.
The Halwa recurrence signals the start of the lock-in period when the top officials involved in preparing the Upkeep are restricted from exiting the North Block or the Upkeep printing premises or making any unauthorized communications.
