Every year, the Finance Minister presents the Indian Union Budget on February 1; this has been a regular practice ever since 2017. However, this year February 1 will be on Sunday, leading to confusion whether Union Budget 2026 will be presented on the same day or postponed to the next day, Monday, February 2, 2026. The Only Situation in Which the Union Budget 2026 Can Be PresentedIf parliamentary conventions are followed, Finance Minister Nirmala Sitharaman will propose the General Budget for 2026-27 on a Sunday, according to an official report by PTI. The Union Budget is an important component of the measures the government uses to maintain economic stability by directing government funding, spending, maintaining inflation, and influencing the tax structure. The Union Budget is important because it streamlines the tax structure, income tax slabs, exemptions, etc.

Source: News 24 December 27, 2025 23:10 UTC