ENA Economy 2026-03-25 18:11:46 <p><span style="font-size:14px"><strong>New Delhi, Mar 25 (KNN)</strong> The Lok Sabha on Wednesday passed the Finance Bill 2026, incorporating 32 government amendments, thereby completing its part of the Union Budget approval process for 2026 27.</span></p> <p><span style="font-size:14px">The Bill will now be taken up by the Rajya Sabha. Following its approval in the Upper House, the Budget process for the upcoming financial year will be formally concluded, PTI reported.</span></p> <p><span style="font-size:14px">Speaking in the Lok Sabha, Finance Minister Nirmala Sitharaman said the Finance Bill 2026 27 is based on five clear principles, adding that efforts to strengthen trust-based tax administration are being enhanced, and emphasised that the push for ease of living for citizens and ease of doing business should continue.</span></p> <p><span style="font-size:14px">The Union Budget 2026 27 outlines a total expenditure of Rs 53.47 lakh crore, marking a 7.7 per cent increase over the current financial year ending March 31.</span></p> <p><span style="font-size:14px">Capital expenditure has been pegged at Rs 12.2 lakh crore, reflecting continued emphasis on infrastructure and asset creation.</span></p> <p><span style="font-size:14px">The government has projected gross tax revenues at Rs 44.04 lakh crore, while gross borrowing is estimated at Rs 17.2 lakh crore for the next fiscal.</span></p> <p><span style="font-size:14px">The fiscal deficit for FY2026 27 is estimated at 4.3 per cent of GDP, slightly lower than the revised estimate of 4.4 per cent for the ongoing financial year.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 45589 https://knnindia.co.in/news/newsdetails/economy/lok-sabha-clears-finance-bill-2026-with-32-govt-amendments 2026-03-25 18:11:46 knnindia.co.in