https://www.taxtmi.com/news?id=69846 The 2026-27 budget sets an outlay of Rs 3,47,589.78 crore, projects a 14.9% growth rate for the prior year, and records a fiscal deficit around Rs 39,400 crore (2.99% of GDP). Own revenue is estimated at Rs 75,202.98 crore with tax revenue of Rs 65,800 crore. Major allocations prioritise Rural Development, Education, Health, Urban Development and Social Welfare. Funds of Rs 19,603.02 crore for a Scheduled Castes Special Component Plan and Rs 1,648.41 crore for the Tribal sub-plan are earmarked under a Minor Head to ensure exclusive use for beneficiaries. en-us Tue, 03 Feb 2026 16:46:03 +0530 Tue, 03 Feb 2026 16:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69846 The 2026-27 budget sets an outlay of Rs 3,47,589.78 crore, projects a 14.9% growth rate for the prior year, and records a fiscal deficit around Rs 39,400 crore (2.99% of GDP). Own revenue is estimated at Rs 75,202.98 crore with tax revenue of Rs 65,800 crore. Major allocations prioritise Rural Development, Education, Health, Urban Development and Social Welfare. Funds of Rs 19,603.02 crore for a Scheduled Castes Special Component Plan and Rs 1,648.41 crore for the Tribal sub-plan are earmarked under a Minor Head to ensure exclusive use for beneficiaries. News - Tue, 03 Feb 2026 16:46:03 +0530 https://www.taxtmi.com/news?id=69846