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New Delhi, Mar 25 (PTI) The Lok Sabha on Wednesday passed the Finance Bill 2026, along with 32 government amendments.
With the passage of the Finance Bill 2026, the Lok Sabha completed its part of the Budgetary approval process. The Upper House, Rajya Sabha, will now consider the Bill.
After the Rajya Sabha approves the Bill, the Budget process for 2026-27 will be complete.
The Union Budget 2026-27 envisages a total expenditure of Rs 53.47 lakh crore, an increase of 7.7 per cent over the current fiscal ending March 31.
The total capital expenditure proposed for the next fiscal is Rs 12.2 lakh crore.
It proposes a gross tax revenue collection of Rs 44.04 lakh crore and a gross borrowing of Rs 17.2 lakh crore.
The fiscal deficit for FY27 is projected at 4.3 per cent of GDP, lower than 4.4 per cent in the current fiscal. PTI JD DP JD ANU ANU
Finance Bill 2026 advances budgetary approval as Lok Sabha passes the measure with government amendments. Lok Sabha passed the Finance Bill 2026 with 32 government amendments, completing its role in the Budgetary approval process for 2026-27 and sending the Bill to the Rajya Sabha for further consideration. The Budget framework for 2026-27 provides for substantial expenditure and capital outlay, along with projected gross tax revenue, gross borrowing, and a lower fiscal deficit than the current fiscal year.Press 'Enter' after typing page number.