August 29, 2026 3:26 PM
Govt begins preparations for Union Budget 2027-28; pre-Budget meetings from Oct 12
The government has begun preparations for the Union Budget 2027-28, with the Finance Ministry issuing the Budget Circular outlining the framework, timelines and guidelines for the annual budget-making exercise. The circular sets out the process for preparing the Revised Estimates for 2026-27 and Budget Estimates for 2027-28. Ministries and departments have been asked to submit detailed expenditure projections ahead of the pre-Budget consultations. The pre-Budget meetings are scheduled to begin...