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Budget 2026: Latest Union Budget 2026 News & Announcements | The HinduBusinessLine

Budget FY27 prioritises fiscal discipline, infra and Atmanirbharta: Expenditure Secretary V Vualnam India has to become strategically indispensable: CEA Micro-Economic Impact of Budget: Panelists concerned over state finances, laud fiscal consolidation At businessline’s post-Budget event, CEA defines India’s new era of ‘competitive indigenisation’ Conquer the chaos in India to increase competitiveness TReDS-related Budget announcements to give major boost to volumes, M1xchange CEO says Businesses want stability, not a disturbed environment: Sitharaman to businessline A Budget for Viksit Bharat with a Powerful Push to Infrastructure at the Core An aspirational Defence Budget Data Centre sector to see trillion-dollar investments A future-ready healthcare system: What the Union budget got right and what comes next Instilling long-term structural confidence Union Budget 2026: Strengthening the conditions for sustainable growth The long arc of India’s tech growth Union Budget: Building the foundations for India’s next urban growth SEZ jewellery units get relief with Budget allowing domestic market sales Budget 2026: Stakeholders expect boost to Indian agriculture’s global competitiveness Budget positions India deeper into global supply chains From aspiration to achievement: Reform express gains momentum in Budget 2026–27 Bharat-VISTAAR, an AI tool that will integrate all digital agri infra Union Budget 2026-27: Agriculture stakeholders react to edible oil, rice, plantation crop measures Govt mulls raising FDI limit in PSB to 49%: Secretary Nagaraju Sitharaman on SGBs: Profits in secondary market justify government levy National Fibre Scheme to boost exports, says MATEXIL The Union Budget disappoints with surprise tax hike, investors say Budget balances fiscal consolidation with growth push: Jefferies Modi takes aim at Trump’s threats with the Union Budget to shield India Duty free import of lithium-ion battery scrap to boost investment in recycling: MRAI Morgan Stanley positive on Indian stocks post Budget, overweights Financials, Consumer Discretionary, Industrials Budget shows slowing pace of fiscal consolidation, says Fitch
Parliament gets ₹1,492 crore in 2026 Budget
By PTI · 2026-02-02 · via Budget 2026: Latest Union Budget 2026 News & Announcements | The HinduBusinessLine
Proceedings in the Lok Sabha underway during the Budget session of Parliament, in New Delhi, Monday

Proceedings in the Lok Sabha underway during the Budget session of Parliament, in New Delhi, Monday | Photo Credit: Sansad TV via PTI Photo

The Union Budget presented by Finance Minister Nirmala Sitharaman on Sunday has allocated Rs 1,492 crore for the functioning of both Houses of Parliament.

The allocation for the Lok Sabha has been pegged at Rs 1,009 crore, which includes grants-in-aid for Sansad TV.

The Budget provides Rs 1.56 crore for the salaries and allowances of the speaker and the deputy speaker of the Lok Sabha, while Rs 416.45 crore has been set aside for the salaries and allowances of members of parliament and facilities extended to them.

In addition, Rs 586.03 crore has been set aside for Lok Sabha Secretariat expenses, covering salaries of staff and officers, establishment-related requirements, grants-in-aid and expenditure on Sansad TV.

The Rajya Sabha has received an allocation of Rs 482.99 crore. Of this, Rs 2.55 crore has been earmarked for salaries and allowances of the chairman and deputy chairman of the House.

The vice president, who is also the Rajya Sabha chairman, draws his salary for his role as the presiding officer of the Upper House.

The Rajya Sabha has a provision of Rs 3.36 crore for salaries and allowances of the leader of the opposition in the House and his secretariat.

A major portion of the allocation — Rs 349.37 crore — has been made for the secretariat, which includes salaries of the officers and staff of the Rajya Sabha secretariat, RSTV, pay and accounts office, and establishment-related needs.

The Budget also allocated Rs 11.70 crore to the secretariat of the vice president to meet the expenditure on the staff and officers, including their travel expenses, other administrative expenses and contingencies of the vice president.

Published on February 2, 2026