India Union Budget 2026–2027: key themes and what they mean for business
The Union Budget of India for the financial year 2026-2027 was presented on Sunday, 1 February 2026 in the parliament of India by Finance Minister Nirmala Sitharaman.
It sets out the Government’s priorities for the year ahead, with a continued focus on economic stability, long-term growth and structural reform.
Budget highlights
The Budget emphasises infrastructure-led growth through sustained capital investment to improve efficiency, reduce costs and support private sector investment, while reinforcing India’s strategic push for manufacturing and self-reliance across priority sectors such as technology, semiconductors, clean energy and advanced manufacturing. Alongside this, continued tax and regulatory simplification, targeted incentives and support for MSMEs, skills development and digitalisation aim to enhance ease of doing business and strengthen India’s integration into global value chains.
Overall, the Union Budget 2026-2027 seeks to balance growth and fiscal discipline, while advancing long-term economic objectives and maintaining policy continuity.
Budget round-ups from our members
This resource brings together insights from MGI Worldwide member firms in India, who provide practical perspectives on the Budget’s key announcements. Their contributions focus on the implications for businesses operating in India, as well as for international organisations looking to invest, expand or establish a presence in the Indian market.
MGI India members, B.C. Shetty & Co., CRS Consulting, GCA Associates, KDP Advisors and Rangamani Associates have prepared budget highlights which can be downloaded on the links below:
B.C. Shetty & Co.
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CRS Consulting
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GCA Associates
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For more information please contact one of our India-based member firms or reach out to Regional Director for Asia, Audrey Danasamy.
MGI Worldwide is a leading global accounting network and association with over 8,500 professionals, across audit, accounting, tax, legal and consulting, in some 440 locations in 100 countries around the world.