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Cabinet approves Union Budget 2026-27 ahead of its presentation by Finance Minister Sitharaman

Finance Minister to present her ninth consecutive Budget today

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Union Finance Minister Nirmala Sitharaman with Union Minister of State for Finance Pankaj Chaudhary and other officials outside the Finance Ministry ahead of the presentation of the Union Budget 2026-27, at the Ministry of Finance in New Delhi on Sunday. Tribune photos: Mukesh Aggarwal
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The Union Cabinet headed by Prime Minister Narendra Modi on Sunday approved the Union Budget 2026-27.

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Following the approval, Finance Minister Nirmala Sitharaman will present her ninth record Budget in the Lok Sabha that comes in the backdrop of global uncertainties and slowdown in exports.

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This is the third Budget of the BJP-led NDA government in its third term in office.

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Sitharaman had in her first Budget in 2019 replaced the leather briefcase—which was in use for decades for carrying Budget documents—with a traditional ‘bahi-khata’ wrapped in red cloth. This year’s Budget would also be in paperless form.

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