Union Budget 2027-28 process begins on 12 October
The Finance Ministry kicked off preparation of the Union Budget 2027-28, issuing the budget circular for FY28. Pre-budget meetings will begin on 12 October 2026 and will be chaired by Finance Secretary (Expenditure) V. Vualnam. The exercise formally sets in motion the annual estimation of receipts and expenditure across all central ministries and departments.
Nabka Insight
The budget-making calendar and the officials who chair pre-budget meetings are examinable procedural facts.
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- Budget 2027-28 preparation began; budget circular for FY28 issued.
- Pre-budget meetings start 12 October 2026.
- Meetings chaired by Finance Secretary (Expenditure) V. Vualnam.
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