Gross Tax Receipts Estimated at ₹44.04 Lakh Crore, Sitharaman Tells Lok Sabha

Finance Minister Nirmala Sitharaman addressed the Lok Sabha on Wednesday during the budget debate. While addressing the Lok Sabha, the finance minister revealed the strategic focus of the budget. She revealed the facts of the budget in a systematized manner. She emphasized that the government has focused labor-intensive sectors in the budget with special focus on the biopharmaceutical sector.

Expressing her commitment towards providing the startups with a large area of land for expansion, the Finance Minister made it clear that the central government is completely ready to work along with the states for the development of the mega textile parks.

Union Finance Minister Nirmala Sitharaman said, "Gross tax receipts are estimated at ₹44.04 lakh crore in this budget. This is about 8% higher than the estimated revenue for 2025-26, an increase of ₹3.26 lakh crore. If we look at total expenditure for 2026-27, it is ₹53.47 lakh crore, which is much higher than our tax receipts. Capital expenditure is estimated at ₹12.22 lakh crore, which is 3.1% of GDP and 11.5% higher than the estimated revenue for 2025-26..."