India Budget 2026 vs Other Major Nations

India Budget Comparison: FY 2025–26 vs FY 2026–27

FY 2025 -26

Period: 1 April 2025 – 31 March 2026

Income: ~₹30–31 lakh crore

Expenditure: ~₹47–48 lakh crore

Fiscal Deficit: ~₹16–17 lakh crore

Deficit Ratio: ~4.5–4.9% of GDP

Capex: ~₹11.5–12 lakh crore

FY 2026–27

2026-27 Budget Estimate

Net Tax Receipts

~₹28.7 lakh crore

Total Expenditure

₹53.5 lakh crore (≈$650 billion+)

Fiscal Deficit (% of GDP)

4.3 %

Debt-to-GDP (Centre)

~55.6%