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Budget 2027: Finance Ministry sets October 12 for pre-Budget meetings, seeks spending and revenue plans

Summary by Times of India
As the 2027-28 Union Budget approaches, central ministries are tasked with crafting practical fiscal estimates. The Finance Ministry emphasizes the importance of controlling expenditures and increasing revenue. Pre-Budget meetings, starting in October 2026, will focus on refining these estimates. Ministries are advised to prioritize funding for ongoing projects before introducing new schemes, while also working to boost non-tax revenue and evalu…

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Preparations for Budget 2027 have begun. The Finance Ministry has requested realistic estimates of expenditure and revenue from ministries. This time, the government's focus will be on controlling expenditure.

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Times of India broke the news in India on Saturday, August 29, 2026.
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